Fund profile / Spain

Mundi Ventures LatAm Fund I

Geography: Spain
Stage: Series A
Fund size: $100M
Focus: Enterprise Software, FinTech and InsurTech
Signals: Published

N°01 / About

About Mundi Ventures LatAm Fund I

Mundi Ventures LatAm Fund I is a $100M first close fund focused on rewiring insurance and fintech infrastructure across Latin America. Backed by IDB Invest. Invests in early and growth stage insurtech, fintech, and enterprise tech.

N°02 / Thesis

Investment Focus

Location / RegionSpain

Funding StageSeries A

Industry Focus

Enterprise Software

FinTech

InsurTech

Investor Signals Profile

active

Sweet Spot

Series B/C deep-tech founder in AI, Robotics, Energy, Quantum with global ambitions

deep-tech

climate-tech

industrial-robotics

quantum-computing

European-scale-up

Bullish Signals

€750M first close — strong LP trust in deep-tech growth capitalblog

Up to €100M per company deployable across multiple roundsblog

Concentrated portfolio of ~20 companies enables true partnershipblog

Active newsletter + LP login — engaged investor communitywebsite

Risk-embracing culture — T.S. Eliot quote signals convictionwebsite

100+ portfolio companies backed early, believed fullywebsite

Led €160M Series C in Europe's quantum computing leaderwebsite

Portfolio validates: Quantum Motion, Submer, Descartes, Thekerwebsite

Hands-on support + strategic guidance from founder testimonialswebsite

Multi-fund platform: Alma, Insurtech, Retailtech, Kembara strategieswebsite

$100M LatAm fund launched — geographic expansion underwaywebsite

Global presence: Madrid, Paris, London, Barcelona, Zurich, NYCwebsite

Founder testimonials: genuinely committed to long-term value creationwebsite

Philosophy: support possibilists through uncertain middle, hopeful disciplinewebsite

Human-centric venture practice — trust, judgment, long-term relationshipswebsite

EIF endorsement: Pan-European deep-tech + sustainability leaderwebsite

Contrarian Signals

Not an early-stage fund — startups without traction rejectedblog

Software-only businesses without industrial complexity not in scopeblog

Minimal public team info — opacity on GP rosterwebsite

Founder Do's

Show proven technology and initial commercial traction before pitch

Demonstrate global expansion plans and scalable deployment needs

Highlight long-term defensibility and technical depth, not just growth

Position as lead deal candidate for €15M–€40M initial check

Expect hands-on strategic guidance and active network introductions

Founder Don'ts

No pure software business without technical complexity

No early-stage ideas without proof of technology

No short-term exit narratives — fund thinks long-term

28 signals on Mundi Ventures LatAm Fund I

16 bullish · 3 contrarian · 5 pitch do's · 3 don'ts · 1 GP profile, each with its source. From €9/month, cancel anytime.

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Facts

Fund Overview

Fund Size$100M

Saves0

Website

People

Key People

Mundi Ventures

Mundi Ventures (Kembara Fund I)General Partner

Backers

Known LPs

COFIDESPublic / State institution

IDB InvestPublic / State institution

N°04 / See also

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