Status
ACTIVE
Global HQ
Barcelona, Spain
Countries of investment
- Germany
- Spain
- France
- Sweden
- United Kingdom
- Netherlands
- Italy
- Finland
- Denmark
- Belgium
- Ireland
- Portugal
- Austria
- Switzerland
Investment stages
- Series B
- Series C
Industries
- Artificial Intelligence
- Robotics
- Quantum
- Space
- Advanced Materials
- Semiconductors
- Climate Tech
- Defense
- DeepTech
- Aerospace
- Dual-Use
About
Kembara is a Barcelona-based venture capital firm focused on scaling European deep tech and climate champions to global industrial leaders. Their focus spans AI, robotics, quantum, space, advanced materials, semiconductors, and climate tech across Germany, Spain, France, Sweden, United Kingdom, Netherlands, Italy, Finland, Denmark, Belgium, Ireland, Portugal, Austria, and Switzerland. The firm supports deep tech founders from Series B through Series C stages.
Kembara is a Barcelona-based venture capital firm focused on scaling European deep tech and climate champions to global industrial leaders. Their focus spans AI, robotics, quantum, space, advanced materials, semiconductors, and climate tech across Germany, Spain, France, Sweden, United Kingdom, Netherlands, Italy, Finland, Denmark, Belgium, Ireland, Portugal, Austria, and Switzerland. The firm supports deep tech founders from Series B through Series C stages.
Investment Thesis
Kembara is a Series B and Series C stage venture capital firm deploying capital across artificial intelligence, robotics, quantum, space, advanced materials, semiconductors, climate tech, and defense sectors. They invest €15M to €40M initial checks with follow-on capacity up to €100M in European deep tech and climate companies at the growth stage. The firm differentiates itself as Europe's largest dedicated deep tech growth fund with €750M+ committed, anchored by €350M European Investment Fund commitment under the European Tech Champions Initiative.
Manager's Experience
Founded in 2024 by Javier Santiso (Founder and General Partner, CEO and founder of Mundi Ventures with €1.5B AUM, former CEO of Khazanah Europe, member of the executive and investment committees of Malaysian sovereign wealth fund Khazanah, investments in Palantir and Submer) and Yann de Vries (Co-founder and General Partner, 25+ years experience, former Partner at Atomico, VP Corporate Development at Lilium, founder of Redpoint eVentures Brazil, investments in Lilium, SpaceX, OpenAI, Groq, and Anduril). Additional General Partners include Robert Trezona (25+ years experience, founder of Kiko Ventures, former Head of CleanTech at IP Group, investments in Ceres Power, Hinge Health, Hysata) and Pierre Festal (20+ years experience, Partner at Promus Ventures, former Portfolio Manager at ACE & Company, investments in The Exploration Company, Fernride, RobCo). Siraj Khaliq (Founder & CTO of The Climate Corporation which had $1.1B acquisition, former Partner at Atomico, investments in PsiQuantum, Graphcore, CloudNC) serves as Senior Strategic Advisor. Fund I closed €750M in February 2026 with €1.25B final target, anchored by €350M European Investment Fund commitment under the European Tech Champions Initiative. Team operates from offices across Madrid, London, Barcelona, and Paris.
Team
Yann de Vries - Co-founder & General Partner
Javier Santiso - Co-founder & General Partner
Robert Trezona - General Partner
Pierre Festal - General Partner
Siraj Khaliq - Senior Strategic Advisor
Portfolio
RobCo
Fernride
The Exploration Company
Palantir (through Mundi)
Submer
Job&Talent
Klarna
Bolttech (through Mundi Ventures family)
plus stealth deep tech Series B/C investments