Norway-based venture firm Monterro raised €150M ($162.8M) for its fifth investment vehicle, called G1.  The firm will back B2B software startups in the Nordic region. The move will enable the firm to invest in small-cap and early-stage businesses. More: 24% of the fund was given by the General Partner and other internal employees of the firm.  The remaining funds were raised from existing backers.  Moneterro claims that it has 80% capital still available to deploy from its previous fund, M4, which closed at €700M ($760M) in November 2022.  The firm counts sustainable food software startup Matilda — backed by its SaaS fund M1 — and cybersecurity startup Outpost 24 as its most successful exits.