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Capmont Technology Raises €100 Million Fund to Back B2B Startups in Europe

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Venture capital firm Capmont Technology, situated in Munich, has declared the closing of a €100 million fund intended to support early-stage B2B technology firms in the US and Europe. The company was formerly known as DI Technology. It has been making investments since 2016 with an emphasis on business SaaS, industrial technology, as well as cutting-edge industries like manufacturing, robotics, and the Internet of Things.

Investing Concentration

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The new fund from Capmont Technology focuses on businesses with demonstrated traction and client demand that are in the late seed to series B stages. The company had an average investment size of €2 to €5 million. This gives hope to the company that it would be able to provide services to around 15–16 companies with this new fund. Additionally, in order to guarantee ongoing support for portfolio firms as they grow, the firm intends to set aside 40% of the fund for follow-on rounds.

Dr Torsten Kreindl, Managing Partner at Capmont Technology, said: “The start-up space is known for being extremely competitive, but it can also be hugely collaborative. Our aim is to offer founders an unmatched network, and we go above and beyond to help them succeed. Rather than deploying capital and hoping for the best, we commit to supporting entrepreneurs longer-term – whether that comes in the form of introducing them to decision-makers and potential customers, or another injection of funding when the time is right.”

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Supporting AI and Industrial Technology

With this new fund, Capmont has already invested in seven companies, including the electronic design platform Celus and the AI-powered industrial production company Arch Systems. Due to its sizable industrial customer base, Capmont feels that applying AI to industrial processes is a major growth sector in Europe, which is why the company is especially interested in businesses in this field.

The Legacy and Portfolio of Capmont

Since its founding, Capmont Technology has raised €300 million to assist innovative businesses including ProGlove, an IoT company that Nordic Capital purchased in 2022, and Konux, which leverages AI to manage railway operations.

Capmont, which prioritizes high-impact, sustainable firms, uses its network of institutional investors and business leaders—particularly in the DACH region—to offer founders both financial support and strategic advice.

Also Read: Google Wins Battle Against €1.5 Billion EU Fine for Ads Abuse

Zeal for Innovation

Dr Matthias Roth, Partner at Capmont Technology, added: “There are many exciting opportunities to invest in industrial technology applications that truly make an impact while generating superior returns for investors. That’s precisely what this fund focuses on. We’re eager to work with more founders who are fuelled by a strong economic equation where costs are balanced, resources optimised, and nothing is wasted – leading to maximum impact.”

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Capmont is still looking for high-potential businesses, but its major goal is to propel profitability and innovation in the B2B and industrial technology sectors.

 
SET Ventures Announces €200M Fund for Clean Energy Startups

SET Ventures Announces €200M Fund for Clean Energy Startups

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SET Ventures is a venture capital firm based in the Netherlands. It has closed its fourth funding round, generating 200 million euros to support companies creating technological innovations for the clean energy sector. This new fund which is as twice as large as the previous one, is mainly meant to help European entrepreneurs looking to use innovative technologies in order to accelerate the use of renewable energy sources on a large scale. 

Putting Money Into Digital-First Products

SET Ventures Announces €200M Fund for Clean Energy Startups

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SET Ventures is renowned for its dedication to environmentally friendly energy technologies and was established in 2007. With its most recent fund, the firm is focusing on businesses that use digital tools to get around obstacles related to the energy revolution. Managing Partner Anton Arts notes that Series A startups—where first investments will range from €2 to €5 million—remain the centre of their attention.

SET’s investment in Vilisto, a German heat management business that earned €5 million in a Series A round, is one recent illustration of the company’s interest in digitalization. Arts emphasizes that software-driven automation is crucial for the energy transition’s success, particularly in areas such as grid management and renewable energy storage, even though hardware is still important.

Boosting Clean Energy Startup Growth

The fourth fund’s strategy from SET Ventures is a reflection of their conviction that digital technologies are essential to building an energy system free of carbon emissions. The company is still dedicated to solving systemic issues including demand imbalances, grid congestion, and storage by funding software-based solution entrepreneurs. Arts claim that these technologies are essential for breaking into mainstream markets and facilitating the more effective and seamless use of renewable energy.

An Extended Dedication to Sustainable Energy

SET Ventures, having been in the industry for more than 15 years, is known for its ability to recognize technologies that are durable. The company has previously invested in profitable firms that have made a substantial impact on lowering CO2 emissions, such as Instagrid, Sensorfact, and Sonnen.

Also Read: Alibaba to Integrate Tencent’s WeChat Pay Across Its E-Commerce Platforms

SET’s influence on the future of Europe’s energy system is further cemented by the attraction of investors like the European Investment Fund (EIF) as well as the Triodos Energy Transition Europe Fund to this fourth fund.

Sahil Lavingia's Insights from Startup to Success

Sahil Lavingia’s Insights from Startup to Success

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Gumroad’s founder and CEO, Sahil Lavingia, highlights the significant influence that peer networks and expectations have on the success of entrepreneurs. He contends that although institutions and educators are important, the impact of one’s close social network cannot be overstated. Lavingia said that people are the average of their five friends, emphasising how the beliefs and actions of one’s closest friends are shaped by their collective thinking. With the introduction of COVID-19, this impact has been enhanced because digital interactions are asynchronous, which increases the rate at which content is absorbed and solidifies these impressions.

Taking in the Startup Environment

Sahil Lavingia's Insights from Startup to Success

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Lavingia was set on being a founder before she ever thought about funding. He worked at an early-stage startup and interacted with founders and early employees to fully immerse himself in the startup ecosystem. He thinks that prospective business owners can benefit greatly from this exposure. His recollections highlight the importance of direct experience and networking within the entrepreneurial community in the process of becoming a successful founder. He spent a lot of time hanging out with founders, hanging out with early employees, he revealed.

Accepting Accountability and Independence

Lavingia came to the important revelation that he was the only one responsible for the company’s success. Investors back founders on the basis of their potential; nonetheless, it is the founder’s responsibility to translate that potential into observable outcomes. His entrepreneurial success was largely fueled by this mental change, which involved accepting self-reliance instead of waiting for outside help.

Effectiveness and Scheduling

Lavingia thinks highly of the ability to save other people’s time. He respects people who work well and accomplish their goals with little assistance from others. This strategy not only increases individual output but also cultivates more productive and amicable work environments.

Tenacity and Flexibility

According to Lavingia, the qualities of a successful entrepreneur are adaptability and unwavering determination. He seeks out individuals who are driven and prepared to begin with less-than-ideal initiatives in order to learn and grow along the way. This readiness to start small and keep trying until you achieve perfection is an essential quality for success in the fast-paced world of startups.

Also Read: German HRtech VEDA Secures €17M from CIBC Innovation Banking for Global Growth

Consistency and Concentration

Lavingia concludes by highlighting the significance of living in the present and paying attention to the here and now. Despite its seeming simplicity, he thinks that paying attention to and actively participating in one’s environment is important. Sustained success requires entrepreneurs to remain grounded and sensitive to their immediate surroundings, which is what this mindfulness practice helps them do.

To sum up, Sahil Lavingia’s journey from startup to success provides insightful information about the significance of presence, self-reliance, efficiency, perseverance, and peer impact. Prospective business owners might get knowledge from his experiences to forge their own routes in the cutthroat world of industry.

 
Manchester ECommerce Startup Made With Intent Raises £1.5M for Customer-Intent Segmentation

Manchester ECommerce Startup Made With Intent Raises £1.5M for Customer-Intent Segmentation

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Made With Intent, an e-commerce firm located in Manchester has raised £1.5 million today, which is a major milestone. This early investment round, led by Mercuri and including participation from Portfolio Ventures and former investors Haatch, advances Made With Intent’s goal of prioritising consumer intent in eCommerce strategy.

Resolving the Fundamental Issue

Manchester ECommerce Startup Made With Intent Raises £1.5M for Customer-Intent Segmentation

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Made With Intent’s mission is based on the realisation that internet retail tactics have a fundamental problem. The startup challenges the industry’s concentration on short-term, retroactive measures like conversion rate. David Mannheim founded the company and has over 15 years of expertise in optimising conversion rates in eCommerce. Mannheim contends that this strategy stifles possibilities for growth and fosters a race to the bottom that ignores the subtleties of actual consumer behaviour.

A Human-Centered Method

Made With Intent gives merchants a more human-centric view of their website performance in an effort to upend the eCommerce industry. eCommerce companies may optimise consumer journeys by using the platform’s intent measurements, predictive targeting, and seamless tech connections, which let them base their decisions on actual purchase behaviour. Made With Intent seeks to accelerate short- and long-term revenue development by enabling experience, CRM, and performance teams to effectively respond to customer demands.

Customer Impact and Beta Success

Made With Intent has had a big influence on stores including Rapha, Bensons for Beds, and Ernest Jones since its beta debut in September. Head of Digital Experience at Rapha, Nik Fletcher, commends the platform for its capacity to interpret visitor signals subconsciously, much like one would in a real store.

The Platform's Operation

Using an intuitive script, Made With Intent gathers data from online consumers and analyses over 250 signals to produce real-time predicted intent metrics. Visitors are automatically categorised according to their path, pace, and propensity to purchase, leave, or come back later. The platform allows for the seamless integration of more than forty marketing tools, giving eCommerce teams the ability to offer re-engagement strategies and customised purchasing experiences.

Worldwide Growth and Influence

Made With Intent hopes to enrol one hundred worldwide consumers in the next two years, with a current user base that includes people in the UK, Denmark, Germany, and the USA. Mannheim stresses that Made With Intent is a movement that aims to transform the eCommerce industry into one that is more intimate and focused on people rather than just a platform.

In summary, Made With Intent leads the way in innovation as eCommerce develops, transforming the market with its emphasis on consumer purpose. The firm is well-positioned to effect significant change and enable online merchants around the globe, bolstered by the backing of important investors and an expanding user base.

From Spotlight to Strategy: Dhana Bunel's Transition from Influencer to CEO

From Spotlight to Strategy: Dhana Bunel’s Transition from Influencer to CEO

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Dhana Bunel’s transformative journey from influencer to CEO is a captivating narrative of resilience, passion, and unwavering determination. With a myriad of interests spanning from dancing and traveling to indulging in literary pursuits and culinary adventures, Dhana has always approached life with an insatiable zest for exploration and self-discovery.

The Influencer Era

From Spotlight to Strategy: Dhana Bunel's Transition from Influencer to CEO

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As an influencer, model, and ultimately a visionary CEO, Dhana’s story is one of remarkable evolution and boundless ambition. Fluent in multiple languages, her ability to fluidly communicate across cultures has not only enriched her personal experiences but has also played a pivotal role in shaping her professional trajectory.

 

Dhana’s entrepreneurial odyssey commenced on the digital landscape of Instagram, where she fearlessly shared her distinctive fashion sense and lifestyle with a global audience. What initially began as a personal endeavor to express her creativity soon blossomed into a thriving community, with Dhana emerging as a beacon of inspiration for countless individuals around the world.

The Birth of Chez Graze

However, it was her acute sense of intuition and unwavering commitment to fostering positive change that compelled Dhana to embark on a new chapter in her entrepreneurial journey. Recognizing a conspicuous void in the catering industry for services that prioritize health and well-being, she conceived the groundbreaking concept of Chez Graze.

At the heart of Chez Graze lies Dhana’s fervent desire to empower women to re-enter the job market while simultaneously offering delectable gourmet health options for events. With an unwavering dedication to sustainability and social responsibility, Chez Graze not only tantalizes the taste buds but also nourishes the soul, embodying Dhana’s ethos of compassionate entrepreneurship.

Resilience and Self-Love

Dhana’s resilience, compassion, and unwavering commitment to self-love and acceptance serve as guiding principles in both her personal and professional endeavors. In a world fraught with challenges and uncertainties, she epitomizes the profound truth that adversity is merely an opportunity for growth and transformation.

As she continues to chart new horizons and redefine the boundaries of success, Dhana remains an indomitable force for positive change. Her journey serves as a poignant reminder that dreams are not merely figments of the imagination but rather blueprints for the future waiting to be realized. Dhana Bunel’s inspirational journey from influencer to CEO is a testament to the transformative power of resilience, passion, and unwavering determination.

Rippling in Advanced Talks for Funding at Over $13 Billion Valuation

Rippling in Advanced Talks for Funding at Over $13 Billion Valuation

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Business software startup Rippling is in the midst of negotiations to secure new funding, aiming for a valuation ranging from $13 billion to $14 billion, sources familiar with the discussions reveal.

Current Funding Endeavor

Sources close to the matter report that Rippling is actively engaged in talks to raise approximately $500 million in funding. These discussions are ongoing, with a tentative plan to finalize terms within the coming weeks. However, the figures being discussed remain fluid, leaving room for potential adjustments before a final agreement is reached.

Rippling in Advanced Talks for Funding at Over $13 Billion Valuation

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Rippling’s last fundraising venture occurred in the challenging landscape of Silicon Valley Bank’s collapse, where the company secured a staggering $500 million. This financial maneuver was expedited due to Rippling’s accounts being frozen at SVB, which posed a significant threat to their ability to process payroll for their clientele, causing considerable disruption. Reflecting on these tumultuous events, Rippling’s CEO Parker Conrad described the period as “probably the most stressful day of my life.”

Strategic Utilization of Funds

The intended utilization of the new funds is multifaceted. Rippling plans to target more midsize business clients globally, expanding its market presence and clientele base. Additionally, the company aims to continue its trajectory of product development, bolstering its offerings to cater to evolving market needs and technological advancements.

Recently, Rippling made strategic strides by securing office space in San Francisco, signaling its intentions to accommodate a growing workforce. This expansion initiative is poised to facilitate the hiring of hundreds of new employees, further enhancing Rippling’s operational capacity and market reach.

Leadership and Background

Notably, Rippling’s CEO, Parker Conrad, brings a wealth of experience from his tenure at Zenefits, a previous startup venture. Conrad’s leadership has been pivotal in navigating Rippling through challenging circumstances and fostering strategic growth opportunities. While Conrad’s past venture faced regulatory challenges resulting in his resignation, subsequent settlements with the US Securities and Exchange Commission have provided a foundation for Rippling’s continued growth trajectory.

Also Read: Energy Startup GridBeyond Completes €52 Million Investment Round

In response to inquiries regarding the ongoing funding discussions, a Rippling representative dismissed the accuracy of the leaked information while refraining from providing additional comments.

As Rippling navigates these pivotal funding talks, industry observers are keenly monitoring the outcome, anticipating the potential implications for the business software sector and Rippling’s trajectory in the global market landscape.