# Grover funding: rounds and investors

> Grover has raised $122M across 4 rounds since 2017. Investors include Samsung Next, Seedcamp and Oryx Fund. Every round with its source.

Source: https://millionrounds.com/company/grover (Millionrounds; every figure on the page links to its filing or article)

Germany · [Venture startup](https://millionrounds.com/companies)

# 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 & Electronics Internet

Valuation: $1.0B, Mar 2026

Funding summary Updated 26 Oct 2026

**$122M** raised across 4 rounds since 2017, from 4 sources

**$12M** Debt **$43M** Series A **$12M** Round **$55M** Venture

- **Latest round:** Venture, $55M Jul 2024
- **Step-up i:** 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.

2018 2019 2020 2021 2022 2023 2024

**$12M** Debt

**$43M** Series A

**$12M** Round

**$55M** Venture

- **First round:** Debt, $12M
- **Biggest round:** $55M
- **Usual gap between rounds:** 14 months

[**Grover** Consumer electronics 1 / 8 Their pitch deck **Grover's pitch deck, 8 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/grover)

## The rounds

- **Jul 2024** Venture **$55M** *3 new* *1 returning* [Seedcamp](https://millionrounds.com/fund/seedcamp) [Samsung Next](https://millionrounds.com/fund/samsung-next) [Oryx Fund](https://millionrounds.com/fund/oryx-fund) [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) Source recorded
- **Oct 2019** Round **$12M** *2 new* *1 returning* [Samsung Next](https://millionrounds.com/fund/samsung-next) [Augmentum Fintech](https://millionrounds.com/fund/augmentum-fintech) [Circularity Capital](https://millionrounds.com/fund/circularity-capital) Reported by EU-Startups
- **Jul 2018** Series A **$43M** *5 new* [Samsung Next](https://millionrounds.com/fund/samsung-next) [Commerzbank](https://millionrounds.com/fund/commerzbank) [June Fund](https://millionrounds.com/fund/june-fund) Circularity Capital/ Coparion Varengold Bank Reported by FinSMEs
- **Oct 2017** Debt **$12M** *1 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.

**Debt** 2017 **Series A** 2018 **Round** 2019 **Venture** 2024 [Samsung Next](https://millionrounds.com/fund/samsung-next) [Seedcamp](https://millionrounds.com/fund/seedcamp) [Oryx Fund](https://millionrounds.com/fund/oryx-fund) [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) [Augmentum Fintech](https://millionrounds.com/fund/augmentum-fintech) [Commerzbank](https://millionrounds.com/fund/commerzbank) [June Fund](https://millionrounds.com/fund/june-fund) [Circularity Capital](https://millionrounds.com/fund/circularity-capital) Circularity Capital/ Coparion Varengold Bank

## Everyone who backed them

[Samsung Next](https://millionrounds.com/fund/samsung-next) Corporate VC **3** rounds

[Seedcamp](https://millionrounds.com/fund/seedcamp) VC firm **1** round

[Oryx Fund](https://millionrounds.com/fund/oryx-fund) VC firm **1** round

[Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) VC firm **1** round

[Augmentum Fintech](https://millionrounds.com/fund/augmentum-fintech) VC firm **1** round

[Commerzbank](https://millionrounds.com/fund/commerzbank) VC firm **1** round

[June Fund](https://millionrounds.com/fund/june-fund) Investment firm **1** round

[Circularity Capital](https://millionrounds.com/fund/circularity-capital) VC firm **1** round

Circularity Capital/ Coparion no record of our own yet **1** round

Varengold Bank no record of our own yet **1** round

Varengold Bank AG no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=grover).

## 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 Global](https://millionrounds.com/fund/target-global) VC firm Per its own site

[Hambro Perks](https://millionrounds.com/fund/hambro-perks) VC firm Per its own site

[Korelya Capital](https://millionrounds.com/fund/korelya-capital) VC firm Per its own site

[German Media Pool](https://millionrounds.com/fund/german-media-pool) Corporate VC Per its own site

[GMPVC German Media Pool](https://millionrounds.com/fund/gmpvc-german-media-pool) VC firm Per its own site

[GPO Fund](https://millionrounds.com/fund/global-public-offering-fund) VC firm Per its own site

[Wealthing VC Club](https://millionrounds.com/fund/wealthing-vc-club) VC firm Per 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 2026](https://millionrounds.com/company/rabot-energy)[**QuantumDiamonds** $201M · Jul 2026](https://millionrounds.com/company/quantumdiamonds)[**Refined Laser Systems** $3.3M · Jul 2026](https://millionrounds.com/company/refined-laser-systems)[**EleQtron** $67M · Jun 2026](https://millionrounds.com/company/eleqtron)[**Delivery Hero** $2.8B · May 2026](https://millionrounds.com/company/delivery-hero)[**GitButler** $17M · Apr 2026](https://millionrounds.com/company/gitbutler)

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