Mangrove Capital Partners
Mangrove Capital Partners is a Luxembourg-based venture capital firm investing in early-stage technology startups across Europe and Israel, currently deploying its seventh fund and holding a portfolio that includes eight unicorns such as Skype and Wix.
- Company typePrivate
- Founded2000
- HeadquartersLuxembourg, Luxembourg
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Mangrove Capital Partners does
Mangrove Capital Partners is a Luxembourg-headquartered venture capital firm founded in 2000 that invests in early-stage technology companies, deploying capital roughly evenly between Europe and Israel. The firm operates across six offices in Luxembourg, Tel Aviv, Berlin, Paris, Barcelona, and London, and has raised six consecutive funds, currently investing through Mangrove VII. Its portfolio includes eight unicorns, most notably Skype and Wix, alongside Flo Health, WalkMe, K Health, and newer bets such as Titan OS, Sifflet, and Project B. Dealroom ranks the firm 8th among EMEA seed investors.
The firm's core product is pooled venture capital funds sold to institutional and high-net-worth LPs, with returns generated through capital appreciation in portfolio companies and exits via IPO or acquisition. Recent deployment includes a €50M Series A in Titan OS (December 2025), an $18M round in Sifflet (June 2025), a $50M round in K Health (July 2024), and a seed investment in Project B (October 2025). Co-founder Mark Tluszcz leads the firm as CEO and Managing Partner alongside Managing Partner Hans Schmitz and Principal Nikolas Krawinkel.
Beyond direct investing, Mangrove operates the Mangrove Foundation, the Mangrove Fellows program, a partnership with Included VC, and the #EasyVC initiative, which collectively function as ecosystem- and talent-development platforms that reinforce deal origination and brand presence across the European and Israeli startup communities.
Mangrove Capital Partners firmographics
Firmographics- Name
- Mangrove Capital Partners
- Legal name
- Mangrove Capital Partners S.A.
- Website
- https://mangrove.vc
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Mangrove Capital Partners is a Luxembourg-based venture capital firm investing in early-stage technology startups across Europe and Israel, currently deploying its seventh fund and holding a portfolio that includes eight unicorns such as Skype and Wix.
- Ownership category
- akta.pro rank
Mangrove Capital Partners industry classification
Industry- Product category
- Venture Capital Management
- NAICS
- Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
Keywords
Where Mangrove Capital Partners is headquartered
LocationHeadquarters
- HQ city
- Luxembourg
- HQ country
- Luxembourg
- HQ region
- Europe
Offices6 records
Markets served
Mangrove Capital Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Venture Capital Fund Management: Mangrove Capital Partners generates returns through equity ownership in early-stage technology companies. The firm manages multiple funds (at least 6 funds, currently on Mangrove VII) and earns returns through capital appreciation and exits from portfolio companies including 8 unicorns: Skype, Wix, Flo Health, WalkMe, K Health, TBOL, and Project B. Revenue is generated as a percentage of fund profits (carry) and management fees.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels7 records
Mangrove Capital Partners product offering
Product offeringCore offering
Mangrove Capital Partners is a venture capital firm that raises and deploys capital through its venture funds (currently on its seventh fund, Mangrove VII) into early-stage technology companies in Europe and Israel. The firm takes equity positions in transformative tech companies across digital health, EdTech, voice tech, silver tech, and AI, typically partnering with entrepreneurs prior to product launch, and provides post-investment governance, operational guidance, and follow-on capital. Returns are generated through capital appreciation and exits from portfolio companies, distributed across management fees and carried interest to limited partners.
Product overview
Mangrove Capital Partners is a venture capital firm offering investment services to early-stage tech entrepreneurs. The firm provides capital deployment, portfolio support, and ecosystem initiatives including the Mangrove Fellows internship program and partnership with Included VC for diversity in VC. The Mangrove Foundation handles philanthropic initiatives focused on women's empowerment and environmental causes. The firm's investment focus spans Europe and Israel across sectors including digital health, EdTech, voice technology, silver tech, and AI.
Differentiator
Problem solved
Functional benefit
Products and services
- Mangrove Capital Partners Venture Funds (currently Mangrove VII) A series of early-stage venture capital funds (currently on Mangrove VII) that provide equity capital, governance support, and operational guidance to transformative technology companies in Europe and Israel, typically partnering with entrepreneurs prior to product launch. Target LPs are institutional investors such as endowments, family offices, sovereign wealth funds, and pension funds.
Quantifiable outcome
- 8 unicorn investments from 6 funds, creating over 5,000 millionaires across portfolio companies.
- +1 more outcomes
Companies that use Mangrove Capital Partners
Customer profileNamed customers6 records
Segments2 records
Ideal customer profiles2 records
Mangrove Capital Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Mangrove Capital Partners partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Included VCcoreMangrove Capital Partners is a proud supporter of the Included VC fellowship program, a 12-month initiative providing 40 individuals from diverse backgrounds with skills and access into venture capital. The program includes masterclasses, career workshops, retreats, investment committee simulations, and mentoring sessions. Mangrove partners participate as instructors and mentors.
- HEC ParisminorMangrove works with HEC Paris as an academic partner for the Mangrove Fellows program, a 6-month internship selecting university students to work with the investment team in Luxembourg and Berlin offices.
- Mangrove FoundationcoreThe Mangrove Foundation is an initiative of Mangrove Capital Partners focused on women's empowerment and environmental protection. The Foundation supports tangible projects on the ground through partnerships with NGOs, focusing on climate mitigation in India and Nepal, sustainable coffee growing in Laos, and economic empowerment for women.
Scale indicators9 records
Recent moves6 records
Expansion highlights5 records
Mangrove Capital Partners competitors and assessment
Company assessmentDirect peers
- Earlybird Venture Capital: European early-stage venture capital firm with a comparable focus on technology-enabled businesses, multi-fund structure, and similar contrarian investment approach across the European tech ecosystem.
- Atomico: London-based early-to-growth stage venture capital firm founded by Skype co-founder Niklas Zennström, investing across Europe with comparable sector-agnostic tech mandate and similar unicorn-formation ambitions to Mangrove.
- Index Ventures: Leading European-headquartered venture capital firm with comparable early-stage focus, multi-stage fund structure, and a strong track record of category-defining tech investments across Europe and Israel.
- Balderton Capital: London-based early-stage venture capital firm focused on European technology startups, with comparable fund structure (multiple vintages) and similar sector breadth (SaaS, fintech, digital health) as Mangrove.
- Accel: Global venture capital firm with a strong early-stage European franchise and similar seed-to-growth investing model, providing comparable returns through equity ownership in transformative tech companies.
- Highland Europe: European technology-focused growth equity firm that has co-invested with Mangrove (notably leading Titan OS's €50M round in December 2025), making it a natural co-investor peer with overlapping European tech mandate.
- EQT Ventures: European venture capital arm of EQT that co-led Sifflet's $18M round with Mangrove, operating a comparable fund model across European early-stage technology investments.
- Northzone: Nordic-origin European venture capital firm with similar early-stage tech focus, multiple fund vintages, and a comparable pan-European geographic mandate covering seed through growth stages.
- Speedinvest: Vienna-based European early-stage venture capital firm with comparable sector breadth and seed-stage orientation, frequently co-investing alongside other leading European seed funds.
- Cherry Ventures: Berlin-based early-stage venture capital firm with a comparable European tech mandate, contrarian founder-first orientation, and focus on pre-product and seed-stage investments similar to Mangrove's approach.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Mangrove Capital Partners social profiles
Digital presenceMangrove Capital Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mangrove Capital Partners leadership team
Management profileNumber of profiles
Profiles3 records
Mangrove Capital Partners subsidiaries and ownership
Company hierarchySubsidiaries1 record
Mangrove Capital Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mangrove Capital Partners M&A and investment
M&A and investmentM&A
Investments183 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mangrove Capital Partners
What does Mangrove Capital Partners do?
Mangrove Capital Partners is a venture capital firm that raises and deploys capital through its venture funds (currently on its seventh fund, Mangrove VII) into early-stage technology companies in Europe and Israel. The firm takes equity positions in transformative tech companies across digital health, EdTech, voice tech, silver tech, and AI, typically partnering with entrepreneurs prior to product launch, and provides post-investment governance, operational guidance, and follow-on capital. Returns are generated through capital appreciation and exits from portfolio companies, distributed across management fees and carried interest to limited partners.
Is Mangrove Capital Partners a public or private company?
Mangrove Capital Partners is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Mangrove Capital Partners founded?
Mangrove Capital Partners was founded in 2000. It employs 11 to 50 people.
Where is Mangrove Capital Partners based?
Mangrove Capital Partners is headquartered in Luxembourg, Luxembourg, in the Europe region.
How does Mangrove Capital Partners make money?
One revenue line is on record: venture Capital Fund Management.
Who are Mangrove Capital Partners's main competitors?
Direct peers on record are Earlybird Venture Capital, Atomico, Index Ventures, Balderton Capital, Accel, Highland Europe, EQT Ventures, Northzone, Speedinvest and Cherry Ventures.
Does Mangrove Capital Partners have an API?
No public API is recorded for Mangrove Capital Partners.
What industry is Mangrove Capital Partners in?
Mangrove Capital Partners's product category is Venture Capital Management. Its primary akta.pro industry code is FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists). Its NAICS code is 52394 and its SIC code is 6282.