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Grove Ventures, founded by Dov Moran, has successfully raised $110 million for its first fund, surpassing its initial goal. The fund is currently managed by partners Guy Reshef, Siglit Klimovski, and Lotan Levkowitz, and it invests in early-stage startups focusing on areas such as the Industrial Internet, digital medicine, augmented reality, chips, cloud computing, and smart transportation. The fund aims to support talented entrepreneurs offering innovative technologies and help Israeli companies grow in the international market. Some of its investments include 3D Signals, Spry Health, Wiliot, Astralink, and companies developing chips for the automotive industry.
>> Click here to read the full article in Hebrew originally published in The Marker: https://www.themarker.com/technation/2017-10-25/ty-article/0000017f-dc0d-df9c-a17f-fe1df2de0000