Mundi Ventures

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

• 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
• Mar 2026fundraise
  Mundi Ventures closed the first tranche of LatAm Fund I at $100 million on 23 March 2026. IDB Invest and COFIDES anchor the fund alongside regional insurance groups. The fund backs early-growth fintech, insurtech, healthtech, and climate companies in Latin America and the Caribbean. mundiventures.com
• Feb 2026fundraise
  Mundi Ventures completed a €750 million first close for Kembara Fund I, its fifth and largest fund to date, targeting a €1 billion final close. Kembara focuses on deep tech and climate growth-stage companies in Europe. The close included a €350 million anchor from the European Investment Fund under the European Tech Champions Initiative secured in 2024. Javier Santiso is a co-founder and GP of Kembara alongside senior partners drawn from Atomico, IP Group, Khazanah, and Promus. techcrunch.com
• Jul 2025investment
  Mundi Ventures led a $16.3 million Series B round in Wrisk, a UK-based insurtech platform, alongside Volution, with participation from Opera Tech Ventures. easyvc.ai
• Jul 2025investment
  Mundi Ventures invested in THEKER Robotics. easyvc.ai
• Mar 2025investment
  Mundi Ventures participated in Epoch Biodesign's $18.3 million Series A round. cbinsights.com
• Jan 2025investment
  Mundi Ventures participated in a $13 million Series B round for Olé Life, a Miami-based Latin American life insurance startup, alongside lead investor PayPal Ventures. superscout.co

Notable investments

• WriskSeries B2025tracxn.com
• SupercedeSeries A2025zoominfo.com
• SamiUnknown2025linkedin.com
• Olé LifeSeries BJan 2025superscout.co
• THEKER RoboticsundisclosedJul 2025easyvc.ai
• Epoch BiodesignSeries AMar 2025cbinsights.com
• LAIIERundisclosedJan 2025easyvc.ai
• ParametrixSeries B2023tracxn.com
• HokodoSeries BApr 2025tracxn.com
• Clarity AImundiventures.com
• SubmerGrowthtracxn.com
• BizAwaytracxn.com

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

• Mundi Ventures closes on €750M for Kembara, its largest deep tech and climate fund | TechCrunch
• Mundi Ventures | LinkedIn
• Mundi Ventures - 2026 Investor Profile, Portfolio, Team & Investment Trends - Tracxn
• Mundi Ventures - Products, Competitors, Financials, Employees - CB Insights
• Mundi Ventures - LATAM Insurtech Fund | IDB Invest
• Team — Mundi Ventures
• https://www.mundiventures.com/post/mundi-ventures-announces-its-latam-fund-i-first-closing
• https://easyvc.ai/investor/mundi-ventures/
• https://superscout.co/investor/mundi-ventures/
• https://www.linkedin.com/in/lucasmasoero/
• https://tracxn.com/d/venture-capital/mundi-ventures/__-twvADFh2HydC7vHo_P3_LoqAm6DX86Kuy7l1Pvseqw
• https://www.zoominfo.com/c/mundi-ventures-sl/398953991

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