Netherlands · Growth startup

Who invested in Return

2 rounds we have observed, with the 2 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.

CleantechEnergy

Funding summaryUpdated 5 Nov 2026

$352Mraised across 2 rounds since 2022, from 2 sources

$1.1MPre-seed$350MGrowth
Latest round
Growth, $350MOct 2025
Led by
APG Asset Management
Step-upi
318.6×
Investors
2 (1 led)
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.

202320242025
$1.1MPre-seed$350MGrowth
First round
Pre-seed, $1.1M
Aug 2022
Biggest round
$350M
Growth · Oct 2025
Between rounds
3.3 years
from the last two

The rounds

  1. Oct 2025
    Growth$350M1 new

    Reported by Silicon Canals

  2. Aug 2022
    Pre-seed$1.1M1 new

    Source recorded

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.

Pre-seed2022Growth2025APG Asset ManagementLTEDCO

Everyone who backed them

APG Asset ManagementVC firm1round, led 1
TEDCOVC firm1round

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

Also claim to have backed them

These 2 firms list Return 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.

Cherry CryptoVC firmPer its own site
Stecc CapitalFamily officePer its own site

Quick answers about Return

Who invested in Return?

Return's investors include APG Asset Management and TEDCO. APG Asset Management led its latest round.

How much has Return raised?

Return has raised $352M across 2 rounds since 2022.

When did Return last raise?

Return's most recent round was a Growth of $350M in Oct 2025, led by APG Asset Management.

What was Return's biggest round?

Its most recent round, $350M in Oct 2025, is also its largest on record.

Who backed Return first?

Return's first round on record, in Aug 2022, was backed by TEDCO.

What stage is Return at?

Return's latest named round is a Growth, in Oct 2025.

Where is Return based?

Return is based in the Netherlands.

Who led Return's rounds?

APG Asset Management led the Growth in 2025.

Companies like Return

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