Multi-stage VC, Madrid

Mundi Ventures

Venture capital firm · Madrid · Founded July 2015

Quick read

Mundi Ventures is a multi-stage VC firm founded in 2015, headquartered in Madrid. It backs 60+ companies across insurtech, fintech, enterprise tech, and deep tech, with a particular focus on helping individuals and businesses manage risk through technology. Its fifth and largest fund, Kembara Fund I, closed a €750M first tranche in early 2026, targeting ~€1B total.

Key facts

Founded
July 2015
Founders
Javier Santiso
Employees
20
Sectors
fintech, enterprise, climate, healthcare
Website
www.mundiventures.com

Investment thesis

Mundi Ventures backs early- and growth-stage technology companies — primarily in insurtech, fintech, enterprise tech, and deep tech/climate — that help individuals, businesses, and society manage an increasingly risky world. It runs dedicated vehicles for European deep tech growth (Kembara Fund I, targeting ~€1B) and LATAM financial/health protection (LatAm Fund I, $100M target).

Recent activity

  • Mar 2026fundraise
    Mundi Ventures closed LatAm Fund I at $100M, anchored by IDB Invest, COFIDES, and regional insurance groups. The fund backs technology-driven startups expanding financial and health protection across Latin America and the Caribbean. mundiventures.com
  • Feb 2026fundraise
    Mundi Ventures completed a €750M first close for Kembara Fund I, its fifth and largest fund to date. Kembara targets Series B and C deep tech and climate companies with initial tickets of €15M–€40M and follow-on capacity up to ~€100M per company. The fund has a ~€1B final close ambition and a target portfolio of ~20 companies across AI, advanced computing, robotics, clean energy, advanced materials, space, and dual-use technologies. aventure.vc
  • Feb 2026leadership
    Kembara Fund I's senior partner team was publicly disclosed. The team includes Yann de Vries, Robert Trezona, Pierre Festal, and Siraj Khaliq. Javier Santiso is co-founder and GP of Kembara. The fund operates from offices in Madrid, London, Barcelona, and Paris. aventure.vc
  • Feb 2026press
    TechCrunch covered the Kembara Fund I first close, framing it as a response to Europe's persistent Series B/C funding gap for capital-intensive deep tech companies. aventure.vc
  • Dec 2025investment
    Mundi Ventures participated in the Series B round of Parametrix, per Tracxn data showing it as the firm's most recent disclosed investment as of December 2025. tracxn.com
  • Mar 2025investment
    Mundi Ventures participated in Epoch Biodesign's $18.3M Series A round. cbinsights.com
  • 2025fundraise
    Mundi Ventures announced the first closing of its LatAm Fund I at $100M, dedicated to backing technology companies expanding access to financial and health protection across Latin America and the Caribbean. linkedin.com
  • 2025investment
    Mundi Ventures led a $16.3M Series B round in Wrisk alongside Volution, with Opera Tech Ventures also participating. tracxn.com
  • 2025fundraise
    Kembara Fund I, a deep tech and climate growth fund managed by Mundi Ventures, was launched to address the Series B and C capital gap for technically complex, capital-intensive companies scaling globally out of Europe. linkedin.com
  • 2025fundraise
    AECID (Agencia Española de Cooperación Internacional para el Desarrollo) committed €25M to Mundi Ventures, earmarked for insurtech startups. zoominfo.com
  • 2025investment
    Mundi Ventures participated in Supercede's $15M Series A round, led by Alven, alongside Outward, Seedcamp, MMC Ventures, and AFG Partners. Supercede provides a reinsurance technology platform based in London. zoominfo.com
  • 2025press
    As of July 2025, Mundi Ventures has invested in 81 companies total, with 2 new investments in the prior 12 months. The portfolio includes 4 unicorns, 1 IPO, and 14 acquisitions. tracxn.com

Notable investments

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

  • Javier Santiso · Founder & General Partner
    LinkedIn
  • Rafaela Andrade · Partner
    LinkedIn
  • Maria Isabel Muñoz Tovia · Partner
    LinkedIn
  • Yann de Vries · Co-Founder & General Partner (Kembara)
  • Mark Kahn · Partner

Sources

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Frequently asked

What is Mundi Ventures?+

Mundi Ventures is a multi-stage VC firm founded in 2015, headquartered in Madrid. It backs 60+ companies across insurtech, fintech, enterprise tech, and deep tech, with a particular focus on helping individuals and businesses manage risk through technology.

Where is Mundi Ventures headquartered?+

Mundi Ventures is headquartered in Madrid, Spain.

When was Mundi Ventures founded?+

Mundi Ventures was founded in July 2015 by Javier Santiso.

What sectors does Mundi Ventures invest in?+

Mundi Ventures focuses on fintech, enterprise, climate, healthcare. They primarily invest in these sectors.

How do I prepare for a meeting with Mundi Ventures?+

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Generated by briefthecall.com from public web sources. Last updated August 7, 2026. Each claim is linked to its source above.

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