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# Mundi Ventures' Kembara fund reaches EUR 750 million first close
- URL: https://sovereigntymonitor.eu/news/2026-02-04-mundi-kembara-first-close/
- Published: 2026-02-04T12:00:00.000Z
- Updated: 2026-09-01T10:51:20.000Z
- Description: Mundi Ventures announced a EUR 750 million first close for its Kembara deep tech and climate fund, targeting EUR 1 billion, to back European Series B and C companies in robotics, clean energy, space and dual use technology.
- Author: Reidar Balstad
- Tags: Industry, investment and R&D, #news, #verified

Verified [Kembara (Mundi Ventures) launch announcement, 4 February 2026](https://kembara.vc/launch-announcement-feb-2026?ref=sovereigntymonitor.eu)

**What it does not test.** This does not establish which companies will receive the capital, or how much of the fund's own ownership sits with non-European limited partners.

**How this item counts.** No movement: no answer to who owns, who operates, whose law governs or who made the parts changes. Weight 0\. Fund closes EUR750m capital; no specific firm/tech ownership or operation decided yet. [European Sovereignty Index](https://sovereigntymonitor.eu/sovereignty-index/)