The fintech venture firm, which counts Commerzbank as its sole limited partner, announced its $335m Fund III today with an increased focus on climate technology.

CommerzVentures, the venture capital firm financed by Germany-based financial services firm Commerzbank, launched its €300m ($335m) third fund today. The firm was formed as Commerzbank’s dedicated corporate venturing unit, closing a €100m debut first fund in 2014 and a €150m successor five years later, by which time it had been spun off through an independent…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.