Last cheque observed Nov 2025; 3 cheques observed across the 16 sources we track.
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What they say, and what they did
They say
Type
VC firm
Cheque size
not stated
Stages
Seed, Series A
Cold pitches
not accepted
From their own site: “Mandalay is a Seed to Series-A VC firm focused on investing in agrifood tech.”
We observed
Rounds they appear in
3 (1 led)
Median round size
— not their cheque
Sole named investor
never
Last seen
Nov 2025
An announcement gives the size of the round, not the size of this investor's cheque. The only rounds that imply a cheque are those where they were the sole named investor.