Netherlands · Series B startup

Who invested in Mangrove

2 rounds we have observed, with the 3 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.

Financial Services

Funding summaryUpdated 26 Oct 2026

$10Mraised across 2 rounds since 2014, from 2 sources

Latest round
Series B, $10MFeb 2023
Investors
3
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.

2016201820202022
?Growth$10MSeries B
First round
Growth
Dec 2014
Biggest round
$10M
Series B · Feb 2023
Between rounds
8.1 years
from the last two

The rounds

  1. Feb 2023
    Series B$10M2 new

    Source recorded

  2. Dec 2014
    GrowthAmount undisclosed1 new

    From a historical funding record

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.

Growth2014Series B2023KB InvestmentHB InvestmentKeadyn

Everyone who backed them

KB InvestmentVC firm1round
HB InvestmentVC firm1round
KeadynVC firm1round

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

Also claim to have backed them

These 3 firms list Mangrove 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.

gumi Cryptos CapitalCorporate VCPer its own site
Genii CapitalVC firmPer its own site
SMAPE CapitalVC firmPer its own site

Quick answers about Mangrove

Who invested in Mangrove?

Mangrove's investors include KB Investment, HB Investment and Keadyn.

How much has Mangrove raised?

Mangrove has raised $10M across 2 rounds since 2014. One round did not disclose an amount, so the total is a floor.

When did Mangrove last raise?

Mangrove's most recent round was a Series B of $10M in Feb 2023.

What was Mangrove's biggest round?

Its most recent round, $10M in Feb 2023, is also its largest on record.

Who backed Mangrove first?

Mangrove's first round on record, in Dec 2014, was backed by Keadyn.

What stage is Mangrove at?

Mangrove's latest named round is a Series B, in Feb 2023.

Where is Mangrove based?

Mangrove is based in the Netherlands.

Companies like Mangrove

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

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