Mangrove Capital Partners

Mangrove Capital Partners is a prominent Luxembourg-based venture capital firm with a long-standing history of backing disruptive technology companies across Europe and beyond. Established with a clear vision to support early-stage ventures, Mangrove has consistently focused on identifying and nurturing innovative startups that have the potential for global impact. The firm is known for its hands-on approach, providing not just capital but also strategic advice, operational experience, and extensive industry connections to its portfolio companies.

The firm's investment strategy primarily targets seed to Series A stage companies, with a keen interest in sectors such as B2B and B2C software, SaaS, fintech, marketplaces, and consumer internet. Mangrove seeks out ambitious founders building scalable businesses with strong product-market fit. Their value proposition extends beyond financial investment, as they actively collaborate with entrepreneurs to navigate growth challenges, refine business models, and expand into new markets. This collaborative ethos is a cornerstone of their investment philosophy.

Mangrove Capital Partners boasts an impressive track record of identifying and scaling global leaders. Their most notable successes include being an early investor in Skype, which was famously acquired by eBay, and supporting the growth of Wix, a leading web development platform that went public on the NASDAQ. Other significant investments include cloud-based software provider Pipedrive, mobile banking app N26, and digital health platform K Health. The firm's portfolio comprises over 100 companies, underscoring their extensive reach and commitment to the startup ecosystem.

In 2021, Mangrove Capital Partners successfully closed its seventh fund, Mangrove VII, at €100 million (approximately $108 million), demonstrating continued investor confidence in their strategy and team. This latest fund reinforces their capacity to make significant early-stage investments. Typically, Mangrove's initial first cheques range from $500,000 to $5,000,000, with substantial follow-on capital available for high-performing portfolio companies as they achieve key milestones and scale.