Mangrove Capital

Mangrove Capital is a venture capital firm established in 2016 and based in Shenzhen, China. The firm specializes in seed and growth investments, targeting sectors such as internet, mobile internet, big data, cloud services, healthcare, intelligent software, the Internet of Things, artificial intelligence, and robotics. Mangrove Capital primarily invests in companies located in China, the United States, and Israel, focusing on technology, media, and telecommunications, as well as information technology and enterprise services.

Duo Wang

Founding Partner

Wang, Lan

Founding Partner

10 past transactions

Anome

Seed Round in 2023
Anome is a Web3 UGC game platform, dedicated to creating a more open, fair, transparent, and free Web3 game world through user creation, sharing, and games.

Tingyun

Series C in 2020
Tingyun provides companies in various industries with a full-stack real-time big data intelligent monitoring platform covering the client, network, and server aspects.

iYunBao

Series B in 2019
IYunbao is a FinTech company that offers insurance products, promotions, and services to consumers. Its platform includes services such as mobile insurance, convenient claims, online settlement, win-win sharing, and market data analysis that enables users to fulfill their insurance needs with increased efficiency and convenience. Founded in 2015, iYunbao is headquartered in Shanghai, China.

Maimeng Group

Series A in 2019
Maimeng Technology Co., Ltd. is an artificial intelligence technology company focusing on intelligent marketing in the education and insurance industry. Company mission: Change marketing methods to bring people a happy life. Maimeng Technology focuses on the use of big data and artificial intelligence technology to build intelligent marketing and data empowerment services for customers around business scenarios. We integrate the industry's mainstream marketing data assets, based on deep data mining technology and collaborative intelligent modeling, to help customers understand the product target users and their real needs, to conduct accurate and efficient consumer insights and business interaction, to build "data +" for customers.

Deepleaper

Series B in 2019
Deepleaper is a Chinese business semantics processing engine developer. Based on artificial intelligence, it mainly provides advertising management services for media company. The company was founded in 2016 and is based in Beijing, China.

WeShare

Series B in 2018
WeShare is a Chinese financial services provider. The company is helping consumer financial institutions to enhance their ability to access customers, risk control and funds.

CassTime

Series B in 2018
Casstime is an industrial internet company in China dedicated to serving the automotive aftermarket. Its business includes a trading platform for full coverage of spare parts, a SaaS management system for workshops, supplies chain finance, and logistic service.

Lesara

Series C in 2017
Lesara is the leading global agile retail pioneer for amazing fashion merchandise at best prices.The company has offices in China and Germany and since its launch in 2013 expanded into 24 markets in 7 languages across Europe, grew its assortment to more than 100.000 SKUs and the the team to over 300 employees.Lesara is operating a completely vertically integrated supply chain and needs only 2 weeks from idea over design, production to product go-live for its collections.The company was awarded as fastest growing tech-company in Europe in 2016.

Ucpaas

Series B in 2017
Shenzhen City, the Network Technology Co., Ltd. (hereinafter referred to as the cloud of the News), is a commitment to create an open platform for converged communications services for the majority of developers to provide low-threshold efficient communication service provider entrepreneurial opportunities. News converged communication open cloud platform is a cloud of Shenzhen's Network Technology Co., Ltd. for the Internet, mobile Internet, the majority of developers and businesses to provide communication capabilities PaaS cloud computing platform. Platform integration of the three operators and Internet IP network, through the clouds open Rest API and client SDK (Android, IOS, Windows SDK) way communications capabilities available to developers and businesses, so that companies and developers to easily build voice , SMS, VOIP, video and other solutions, no hardware, network costs, quickly set up and use of carrier-grade communications capabilities. News cloud VoIP communications industry has 10 years of operating the accumulation of successful operation, the development of a total of over 200 million registered users of the product, assembled VoIP industry for more than 70 percent of telecommunications resources. The company has a number of the pursuit of "innovation, speed, perfect" specialized Internet operations team, whose core members are from traditional telecommunications, the Internet industry, well-known IT companies, an average of more than 10 years of experience, with deep product development capability and operational service experience, the communication, the Internet industry has a profound understanding, with strong technology and model innovation capability.

Moov

Series B in 2016
Moov is dedicated to helping you improve the quality of your everyday workout. By combining artificial intelligence and gameplay into a first-of-its-kind wearable device, Moov is fitness training taken to the next level. Advanced motion sensors read your body’s form, while Moov syncs with your smartphone to give you real-time feedback and coaching instructions that can help improve while you exercise. Based out of San Francisco, CA, Moov incorporates sport science research from Harvard and Stanford and is designed to help professionals and beginners alike. Now you can get the most from every workout, so you can train harder and faster without having to compromise results.
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