Munich Re Ventures closes new $500 million fund
- July 12, 2025
- Posted by: Web workers
- Category: Finance
Munich Re Ventures, the San Francisco-based venture capital arm of Munich Re Group, said Tuesday it has closed its new $500 million Munich Re Fund II.
Munich Re Ventures will use the fund to invest in early-stage and growth-stage companies across five strategic sectors: insurtech; climate tech; cybersecurity and privacy; commercial and industrial equipment technologies; and the future of transportation.
The unit now has more than $1 billion in assets under management across four funds, each with a 10-year duration. Together, the funds have invested more than $280 million in 36 companies.
Munich Re Ventures also said Tuesday that it will expand its Portfolio Development platform, which connects entrepreneurs to Munich Re Group business leaders and other industry executives.
Thomas Blunck, member of the board of management at Munich Re, said in the Tuesday statement that the company is doubling its venture capital activities as a result of having already seen “outstanding financial results and strategic value” from its investments.
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