2026-06-29 — Kembara Growth Fund I reached a €750M first close toward a €1B target, backing European deep-tech in AI, robotics, clean energy, materials, space…
Kembara Growth Fund I has reached a €750 million first close, moving toward a €1 billion target.
The fund will invest in European deep-tech across AI, robotics, clean energy, advanced materials, space, and dual-use technologies, at Series B and Series C stages.
The vehicle is one of several large European deep-tech and climate funds raised in early 2026, reflecting growing institutional appetite for later-stage, capital-intensive hard-tech in the region.
Kembara Growth Fund I reached a €750M first close toward a €1B target, backing European deep-tech in AI, robotics, clean energy, materials, space and dual-use at Series B and C.
· Funding · Europe · 2 min
Kembara Growth Fund I has reached a €750 million first close, moving toward a €1 billion target.
The fund will invest in European deep-tech across AI, robotics, clean energy, advanced materials, space, and dual-use technologies, at Series B and Series C stages.
The vehicle is one of several large European deep-tech and climate funds raised in early 2026, reflecting growing institutional appetite for later-stage, capital-intensive hard-tech in the region.
Source: Net Zero Insights