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VC firm Maniv is growing in every direction, armed with a $140M new fund


Maniv, the VC firm based in Tel Aviv and New York City, has closed a $140 million that reflects its evolving investment ethos.

Venture firm Maniv has grown by nearly every measure since it launched eight years ago in Israel — from its investor base and 40-startup portfolio to its geographic focus, footprint and fund size. In other words, Maniv went outside traditional automotive to find strategic investors in leasing, fintech, logistics, vehicle maintenance, energy, fleet management and repair. Its newest investors in the fund, a group that includes BNP Paribas Personal Finance and the venture arms of Shell and Enterprise Mobility, represent “the rich tapestry of industries that are directly impacted by the changes in transportation across these themes of decarbonization and digitization,” Jaret said.

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