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Kembara has raised €750 million towards its €1 billion deep tech growth fund, aiming to support European deep tech companies. Founded by Javier Santiso and Yann de Vries, Kembara is backed by €350 million from the European Investment Fund.

The fund will invest in sectors like AI, quantum computing, clean energy, and robotics. Kembara aims to close the funding gap for Series B and C rounds, addressing the challenge where only 3% of European deep tech firms achieve such funding. The firm targets around 20 companies by 2026 and intends to establish a Europe-wide platform to connect deep tech founders with investors and industry partners.