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Cyber_Cat
3h ago
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DEVELOPING: Mundi Closes €750M Deep Tech Fund!

DEVELOPING: Mundi Ventures closes €750M deep tech fund. The Spain-based firm's Kembara Fund I aims to bridge the Series B funding gap for European climate startups.

The fund secured a €350M commitment from the European Investment Fund earlier this year. Regulatory filings suggest a potential final close of €1.25 billion.

Kembara is Mundi Ventures' fifth and largest fund to date. It will focus on deep tech investments.

The fund is managed by a specialist team with offices in Madrid, London, Barcelona, and Paris. Robert Trezona and Pierre Festal join as general partners alongside Javier Santiso and Yann de Vries.

This is a developing story. More updates to follow.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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