Mangrove Capital Partners

Our approach keeps founders at the heart of everything we do. We areConviction-led: We value independent decision-making and lead all our investments. Long-term partners: We stay fully committed to founders' vision, no matter how long it takes. Sector specialists: We each focus on specific sectors to build a deep, informed point of view that fuels our investment strategy and portfolio support. Transparent: We keep founders in the loop and prioritize honest communication, making us partners they never have to second-guess. Engaged: We believe in staying actively involved through meaningful board participation and functional support. Our journey started like many other startups – in a Bengaluru basement 2016 When we set out to raise our first fund, the Indian VC landscape was shaky at best. Investors were cautious, several foreign VC majors had left the ecosystem, and successful exits were hard to come by. Amidst skepticism about the Indian market, we defiantly believed that the "golden decade" of Indian technology was upon us. We saw an opportunity for VC 2.0 in India – one that was stage-focused, expertise-driven, and committed to prioritizing real growth alongside valuations. Undeterred by a tough fundraising climate, we knocked on 1,200 doors to raise Stellaris’ first fund. These early struggles shaped Stellaris’ culture, allowing us to fully resonate with the fundraising challenges faced by early-stage entrepreneurs. 2017 We launched our first fund of $90 million. From the outset, we established a principle of having specialists on our team, enabling us to tap into deep sector knowledge, spot promising opportunities, and provide tailored support to the companies we backed. Out of our 19 investments in our first fund, 9 surpassed a valuation of $100 million, with several others on track to achieve this milestone. 2021 We closed our second fund of $225M and backed 25 companies, many of which are poised to become the leaders of tomorrow. We also had our first significant exit in the portfolio when 6Sense, a US SaaS company, acquired Slintel, in which Stellaris was the first institutional investor. 2023 Our portfolio company, Mamaearth, which we backed at the Series A stage in 2018, successfully completed its IPO. 2024 We launched our third fund of $300M and are now managing over $600M in assets. We're ready to support the next wave of innovative businesses with the same grit and determination that brought us here.

We are a leading tech Venture Capital (VC) firm in Southeast Asia, in areas such as B2B, Data/AI, and Software. We invest across Southeast Asia, mainly at Series A & B. We look for entrepreneurs with the mindset and capabilities to build regional or global companies, with technology advantages, fast execution and agility in the unknown.

CLP is backed by a knowledgeable group of investors, including partners at Bessemer Venture Partners. Our experience through the ups and downs of the past decade has taught us that no company has a straight path to success. Because of this, our approach is to take a "light touch" with no board seats, light covenants and standard reporting.

Marathon Venture Capital is an early-stage investor helping ambitious founders build world-class technology companies. The firm currently manages about €100 million in commitments between two funds. Our portfolio companies have raised hundreds of millions of dollars in funding from leading global investment firms while catering to customers on the Fortune 500 list or being acquired by them. We invest the first million and roll our sleeves up to help you build a fast-growing,world-class software company.

As Dutch/German scale-up investor we invest since 2006 in European scale-ups across 7 countries. Driven by AI, deep learning, quantum computing and democratized algorithms, we execute on our Intelligent Empowerment thesis. Shift happens; we are supporting those entrepreneurs who drive that change and will shape the future. We have assisted most of our portfolio companies with their Buy & Build based on which 30+ add-on companies have been acquired expending overall into 22 countries. Out of our three homemarkets Germany, The Netherlands and Sweden we invest with our current €303M fund in multiple European countries. We care: entrepreneurs in who we invested for the second time, portfolio entrepreneurs who invested in our own funds, former employees who came back and so on. We strongly believe that growing scale-ups rapidly is all about saying NO to numerous activities. We are PRI signatory and highly value the principles for responsible investments, promoted by the United Nations Endeit Capital stimulates various initiatives to encourage entrepreneurship Based on our ‘Thinking BIC’ philosophy (Believe, Innovate & Internationalise, Collaborate) we stimulate entrepreneurship in numerous ways. Key supporting activities we co-founded are LOEY Foundation (Leading Online Entrepreneur of the Year; co-founded in 2010), Venturepreneurs’ Organisation (serial German entrepreneurs being angel investors; co-founded in 2010) and VEECEE (Young VC professionals; co-founded in 2015). Endeit Capital is also one of the two Founding Partners of ai.nl (making impact disrupting technologies comprehensible). Besides we are involved in various other activities such as Jong Ondernemen (Young Entrepreneurship Foundation), ACE(Amsterdam Centre of Entrepreneurship), #FundRight, Techstars, Accenture Innovation Awards and accelerator programs from Rockstart, Startupbootcamp and Microsoft.

We invest from day-zero to seed, backing founders from all over Europe. We are fortunate to have been on the zero to one journey with portfolio companies who have raised in excess of $1Bn in follow-on funding from some of the world's best VCs.