
Capmont Technology, a Munich-based venture capital firm, has raised €100 million to support early-stage B2B technology startups in Europe and the US. The firm plans to write cheques of between €2.5 million into 15-16 startups focusing on enterprise SaaS and industrial tech. Additionally, DeepDrive, another Munich-based company, has secured €30 million in Series B funding to build production lines for its electric vehicle motor technology. Phlair, formerly known as Carbon Atlantis, has raised €14.5 million to scale its hydrolyzer-based Direct Air Capture (DAC) technology, which aims to lower the costs of removing carbon dioxide from the air. The fundraising efforts highlight the growing investment in innovative technologies.







Getting a startup funded involves many steps, writes Dan Gray, head of insights at @equidam, who compares the process of getting the right price to a high-level auction. https://t.co/feoBIkOYOw
Mapped: Europe’s aviation startup sector, and beyond https://t.co/U90vWmdg4O #startupnews #startups https://t.co/36Ijxyu1vp
Calling all founders in NCR! 🔊 If you are building an early-stage startup in any sector, whether you've raised capital before or are looking to raise now, we’d love to meet you! Join us at our networking event in Delhi NCR on Wednesday, October 9th. Spots are limited, register… https://t.co/WOeDTruy16