# Mangrove funding: rounds and investors

> Mangrove has raised $10M across 2 rounds since 2014. Investors include KB Investment, HB Investment and Keadyn. Every round with its source.

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

Netherlands · [Series B startup](https://millionrounds.com/companies)

# 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 summary Updated 26 Oct 2026

**$10M** raised across 2 rounds since 2014, from 2 sources

- **Latest round:** Series B, $10M Feb 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.

2016 2018 2020 2022

**?** Growth

**$10M** Series B

- **First round:** Growth
- **Biggest round:** $10M
- **Between rounds:** 8.1 years

## The rounds

- **Feb 2023** Series B **$10M** *2 new* [KB Investment](https://millionrounds.com/fund/kb-investment) [HB Investment](https://millionrounds.com/fund/hb-investment) Source recorded
- **Dec 2014** Growth **Amount undisclosed** *1 new* [Keadyn](https://millionrounds.com/fund/keadyn) 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.

**Growth** 2014 **Series B** 2023 [KB Investment](https://millionrounds.com/fund/kb-investment) [HB Investment](https://millionrounds.com/fund/hb-investment) [Keadyn](https://millionrounds.com/fund/keadyn)

## Everyone who backed them

[KB Investment](https://millionrounds.com/fund/kb-investment) VC firm **1** round

[HB Investment](https://millionrounds.com/fund/hb-investment) VC firm **1** round

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

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

## 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 Capital](https://millionrounds.com/fund/gumi-cryptos-capital) Corporate VC Per its own site

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

[SMAPE Capital](https://millionrounds.com/fund/smape-capital) VC firm Per 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.

[**Nopan** $8.2M · Jul 2026](https://millionrounds.com/company/nopan)[**Fraudio** Jun 2026](https://millionrounds.com/company/fraudio)[**Silverflow** $56M · Mar 2026](https://millionrounds.com/company/silverflow)[**Caretta** $1.3M · Dec 2025](https://millionrounds.com/company/caretta)[**Amdax** $35M · Oct 2025](https://millionrounds.com/company/amdax)[**Factris** $119M · Sept 2025](https://millionrounds.com/company/factris)

## Find investors like these

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