European Sovereignty Monitor

Industry, investment and R&D

Mundi Ventures' Kembara fund reaches EUR 750 million first close

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.

Verified Kembara (Mundi Ventures) launch announcement, 4 February 2026

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

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