Munich-based venture capital firm Capmont Technology has launched a $111 million fund, according to a report by EU Startups. Since its inception in 2016, the company has raised a total of $334 million and focuses on investing in B2B tech startups, primarily from the late seed to Series B stages.

Capmont has invested in sectors such as supply chain, manufacturing, IoT, enterprise SaaS, robotics, and cybersecurity. Notable investments include AI-powered railway optimization firm Konux and industrial IoT company ProGlove, which was later acquired by Nordic Capital.

The announcement comes at a time when venture capital funding is seeing a resurgence after a prolonged slump. This week, Insight Partners reportedly neared the closure of a $10 billion-plus fund, signaling a renewed interest in the tech investment space. Other firms like Andreessen Horowitz and Iconiq Growth have also raised substantial funds this year, indicating a revival in VC activity.

In addition, early-stage VC firm Patron recently raised $100 million for its second fund, with a focus on businesses shaping the next generation of digital experiences.