Germany · Venture startup

Who invested in Grover

4 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Hardware & ElectronicsInternet

Valuation: $1.0B, Mar 2026

Funding summaryUpdated 26 Oct 2026

$122Mraised across 4 rounds since 2017, from 4 sources

$12MDebt$43MSeries A$12MRound$55MVenture
Latest round
Venture, $55MJul 2024
Step-upi
4.5×
Investors
11
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018201920202021202220232024
$12MDebt$43MSeries A$12MRound$55MVenture
First round
Debt, $12M
Oct 2017
Biggest round
$55M
Venture · Jul 2024
Usual gap between rounds
14 months
the median of 3
GroverConsumer electronics1 / 8Their pitch deckGrover's pitch deck, 8 slidesEach slide read for what it argues, against the decks that raised at the same stage.

The rounds

  1. Jul 2024
    Venture$55M3 new1 returning

    Source recorded

  2. Oct 2019
    Round$12M2 new1 returning

    Reported by EU-Startups

  3. Jul 2018
    Series A$43M5 new

    Reported by FinSMEs

  4. Oct 2017
    Debt$12M1 new
    • Varengold Bank AG

    Reported by FinSMEs

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Debt2017Series A2018Round2019Venture2024Samsung NextSeedcampOryx FundEnergy Impact PartnersAugmentum FintechCommerzbankJune FundCircularity CapitalCircularity Capital/ CoparionVarengold Bank

Everyone who backed them

Samsung NextCorporate VC3rounds
SeedcampVC firm1round
Oryx FundVC firm1round
Energy Impact PartnersVC firm1round
Augmentum FintechVC firm1round
CommerzbankVC firm1round
June FundInvestment firm1round
Circularity CapitalVC firm1round
Circularity Capital/ Coparionno record of our own yet1round
Varengold Bankno record of our own yet1round
Varengold Bank AGno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 7 firms list Grover as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Target GlobalVC firmPer its own site
Hambro PerksVC firmPer its own site
Korelya CapitalVC firmPer its own site
German Media PoolCorporate VCPer its own site
GMPVC German Media PoolVC firmPer its own site
GPO FundVC firmPer its own site
Wealthing VC ClubVC firmPer its own site

Quick answers about Grover

Who invested in Grover?

Grover's investors include Samsung Next, Seedcamp, Oryx Fund, Energy Impact Partners and Augmentum Fintech, and 6 more on record.

How much has Grover raised?

Grover has raised $122M across 4 rounds since 2017.

When did Grover last raise?

Grover's most recent round was a Venture of $55M in Jul 2024.

What was Grover's biggest round?

Its most recent round, $55M in Jul 2024, is also its largest on record.

Who backed Grover first?

Grover's first round on record, in Oct 2017, was backed by Varengold Bank AG.

What stage is Grover at?

Grover's latest named round is a Venture, in Jul 2024.

Where is Grover based?

Grover is based in Germany.

Companies like Grover

In the same sector, and raised in the last eighteen months.

Rabot Energy$50M · Oct 2026QuantumDiamonds$201M · Jul 2026Refined Laser Systems$3.3M · Jul 2026EleQtron$67M · Jun 2026Delivery Hero$2.8B · May 2026GitButler$17M · Apr 2026

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