Mangrove Capital Partners is a venture capital firm based in Luxembourg that supports early-stage technology companies across Europe and Israel. The firm has backed multiple high-profile start-ups since its inception.
Hans-Jürgen brings venture capital and private equity experience, having previously worked as a director at Arthur Andersen and as founding chairman of the LPEA. He currently serves as managing partner at Mangrove Capital Partners.
Nikolas brings a decade of venture capital experience as a partner at Mangrove Capital Partners. He previously operated a business with roughly 50 million in recurring revenue.
Mangrove Capital Partners led the pre-seed round with backing from Ada Ventures and sector leaders to expand green skills training.
"The problem is two-fold. Firstly, there is an awareness issue – these are highly accessible, meaningful and well-paid jobs but people are unaware that they pay well or that they even exist. Secondly, the current training systems in place cannot deliver at the speed and scale required,"
The seed round was led by Octopus Ventures alongside Mangrove Capital Partners and a strategic semiconductor investor.
"Edgify allows companies, from any industry, to train complete deep learning and machine learning models, directly on their own edge devices. This mitigates the need for any data transfer to the Cloud and also grants them close to perfect accuracy every time, and without the need to retrain centrally."