Venture firm Maniv has undergone significant growth over the past eight years since its establishment in Israel. From its investor base and portfolio of 40 startups to its focus on specific industries and geographic expansion, Maniv has made leaps and strides in the world of venture capital.
But even with a freshly closed $140 million fund in its coffers and a new office in New York City, founder Michael Granoff says Maniv is still just a seed stage fund at heart, “that occasionally breaks its own rules.”
When Maniv first launched in 2016, its investment strategy was centered around early-stage companies in the intersection of mobility, transportation, and energy. While this remains the focus, there have been notable developments in the firm’s approach with its latest fund, Maniv III, TechCrunch has exclusively learned.
Previously, Maniv’s primary focus was on Israeli startups. However, the firm has continued to expand its geographic reach and now has active portfolio companies in nine countries.
“So we will certainly keep our eyes on the local market here,” Granoff stated. “But we’ll go for the best deals and learn everything we can from the deal flow that comes in a very distributed way from around the world.”
Aside from its widening search for promising companies, Maniv has also shifted away from the once-popular term “mobility.” The umbrella term, which was even included in the firm’s original name, has been replaced with a focus on “deep tech, decarbonization, and digitization of the transportation sector,” according to Granoff.
Nate Jaret, general partner at Maniv, explains that the $140 million fund reflects new goals, including a more diverse group of investors and the inclusion of financial investors who see the potential for high returns in the decarbonization and digitization of all forms of transportation, even air and sea travel.
- Maniv’s investor base is now more diverse, including not only automakers but also strategic investors in various industries related to transportation and mobility such as leasing, fintech, logistics, vehicle maintenance, energy, fleet management, and repair.
- These new investors, including BNP Paribas Personal Finance, Shell Ventures, and Enterprise Mobility, showcase the range of industries impacted by the changes in transportation and the growing importance of decarbonization and digitization.
- The Maniv III fund also includes return investors Valeo and Jaguar-Land Rover venture arm InMotion Ventures, as well as new participants such as Toyota Motor Corp.’s Woven Capital, vehicle leasing company Arval, transportation infrastructure giant Ferrovial, industrial manufacturing firm ITT Inc., fleet payments business WEX, and an unnamed European insurance company.
Jaret also notes that Maniv’s investment strategy is evolving. With nearly $320 million in assets under management, the firm has previously led investments in companies such as AI edge computation chip startup Hailo in Tel Aviv, EV ridehail and charging network Revel in New York City, and intercity busing platform Kolors in Mexico City.
However, with its newest fund, Maniv is expanding into the broader climate tech world, specifically where it overlaps with transportation. The firm has made four investments to date, including Chicago-based startup Celadyne, which is working to extend the lifespan and efficiency of proton-exchange membranes to make green hydrogen production financially viable.
The fund has also invested in Israeli startup Neologic, which has developed a proprietary chip design for improved performance and power in data centers and automotive, e-motorcycle battery-swapping startup Vammo based in Brazil, and San Francisco-based Circular, which is promoting the use of post-consumer recycled plastic in manufacturing by addressing information and testing gaps.
[…] with an increasing IPO window and the potential for interest rate reductions in the near future, venture capitalists will become more generous with their funding. However, this may not be the case as VCs […]
[…] partners, has shut down, TechCrunch has learned. The company, which had raised nearly $220 million, has released a statement on its website announcing that it has ceased all operations worldwide as […]
Awsome info and straight to the point. I am not sure if
this is really the best place to ask but
do you guys have any ideea where to employ some professional writers?
Thx 🙂 Escape rooms
Really excellent info can be found on website.!
I really liked this post i read your blog pretty often, and you’re constantly coming out with some great stuff. I embedded this on my blog, and my followers really liked it.
Good site you’ve got here.. It’s hard to find good quality writing like yours nowadays. I seriously appreciate individuals like you! Take care!!
An outstanding share! I’ve just forwarded this onto a coworker who had been doing a little homework on this. And he actually ordered me dinner simply because I discovered it for him… lol. So allow me to reword this…. Thanks for the meal!! But yeah, thanks for spending the time to discuss this issue here on your web site.
An intriguing discussion is worth comment. I do think that you ought to publish more on this subject matter, it may not be a taboo matter but usually people don’t speak about these issues. To the next! Many thanks.
Good information. Lucky me I ran across your website by chance (stumbleupon). I have book marked it for later.
I want to to thank you for this fantastic read!! I certainly enjoyed every bit of it. I have you saved as a favorite to check out new things you post…
Having read this I thought it was really enlightening. I appreciate you spending some time and energy to put this information together. I once again find myself personally spending way too much time both reading and leaving comments. But so what, it was still worthwhile.
Aw, this was an extremely nice post. Finding the time and actual effort to create a top notch article… but what can I say… I put things off a lot and don’t seem to get anything done.
Wonderful post! We will be linking to this particularly great content on our site. Keep up the good writing.
I must thank you for the efforts you’ve put in writing this blog. I am hoping to check out the same high-grade blog posts from you in the future as well. In fact, your creative writing abilities has motivated me to get my own blog now 😉
Spot on with this write-up, I honestly think this amazing site needs far more attention. I’ll probably be back again to read more, thanks for the information.
After I initially left a comment I appear to have clicked on the -Notify me when new comments are added- checkbox and now each time a comment is added I recieve 4 emails with the same comment. Perhaps there is a means you can remove me from that service? Cheers.
After looking into a few of the blog articles on your site, I honestly like your way of writing a blog. I bookmarked it to my bookmark webpage list and will be checking back soon. Please check out my web site as well and tell me your opinion.
The very next time I read a blog, Hopefully it does not disappoint me as much as this particular one. I mean, Yes, it was my choice to read through, nonetheless I actually believed you’d have something useful to talk about. All I hear is a bunch of whining about something you can fix if you weren’t too busy searching for attention.
I love it when people get together and share thoughts. Great website, stick with it.
bookmarked!!, I like your blog.
Hello there! This article could not be written any better! Looking through this post reminds me of my previous roommate! He always kept talking about this. I most certainly will forward this information to him. Pretty sure he will have a great read. I appreciate you for sharing!
It’s nearly impossible to find well-informed people for this topic, however, you seem like you know what you’re talking about! Thanks
Greetings! Very helpful advice within this article! It’s the little changes that produce the greatest changes. Many thanks for sharing!
Saved as a favorite, I really like your blog!
I used to be able to find good advice from your blog posts.
Your style is so unique in comparison to other people I’ve read stuff from. Thanks for posting when you have the opportunity, Guess I’ll just book mark this web site.
This is a topic that is close to my heart… Best wishes! Where can I find the contact details for questions?
I’ve battled with blood glucose changes for several
years, and it truly influenced my energy degrees throughout the day.
Given that beginning Sugar Protector, I really feel more balanced and sharp, and I do not
experience those mid-day sags anymore! I enjoy that it’s a natural remedy that works with no severe adverse
effects. It’s truly been a game-changer for me
I have actually battled with blood glucose fluctuations for several years, and it truly
influenced my power degrees throughout the day. Because beginning Sugar Defender, I feel more well balanced and sharp, and I don’t experience those afternoon slumps anymore!
I enjoy that it’s a natural option that works without
any harsh negative effects. It’s really been a game-changer for me
Spot on with this write-up, I truly think this site needs far more attention. I’ll probably be back again to read through more, thanks for the info.
When I originally commented I seem to have clicked on the -Notify me when new comments are added- checkbox and from now on whenever a comment is added I get four emails with the same comment. There has to be a way you are able to remove me from that service? Appreciate it.
Next time I read a blog, Hopefully it won’t disappoint me just as much as this one. I mean, I know it was my choice to read, however I really believed you would probably have something interesting to talk about. All I hear is a bunch of crying about something you could fix if you were not too busy looking for attention.
Hello there! Do you know if they make any plugins to
help with Search Engine Optimization? I’m trying to get my
website to rank for some targeted keywords but I’m not seeing very good results.
If you know of any please share. Thank you! I saw similar
article here: Warm blankets
Greetings! Very useful advice within this article! It is the little changes that make the most important changes. Thanks a lot for sharing!
Very nice blog post. I definitely love this site. Keep it up!
This website was… how do you say it? Relevant!! Finally I have found something that helped me. Thanks a lot!
You should be a part of a contest for one of the highest quality blogs on the internet. I’m going to recommend this blog!
Way cool! Some very valid points! I appreciate you penning this post and also the rest of the website is very good.
I seriously love your site.. Excellent colors & theme. Did you build this amazing site yourself? Please reply back as I’m wanting to create my own website and would like to know where you got this from or exactly what the theme is called. Thank you!
Right here is the right blog for anyone who would like to find out about this topic. You know a whole lot its almost hard to argue with you (not that I personally would want to…HaHa). You certainly put a fresh spin on a topic that has been written about for years. Wonderful stuff, just excellent.
It’s nearly impossible to find well-informed people in this particular subject, however, you sound like you know what you’re talking about! Thanks
You made some decent points there. I looked on the internet for more info about the issue and found most people will go along with your views on this website.
Excellent blog post. I absolutely appreciate this site. Continue the good work!
Pretty! This has been an extremely wonderful post. Thanks for providing this info.
Way cool! Some extremely valid points! I appreciate you penning this write-up plus the rest of the website is really good.
After exploring a handful of the blog posts on your web page, I really appreciate your way of blogging. I book-marked it to my bookmark webpage list and will be checking back soon. Please check out my website too and tell me how you feel.
After looking at a number of the blog articles on your site, I truly like your technique of writing a blog. I saved it to my bookmark website list and will be checking back in the near future. Please visit my website as well and let me know what you think.
Howdy, There’s no doubt that your blog may be having browser compatibility problems. When I take a look at your web site in Safari, it looks fine however, when opening in I.E., it’s got some overlapping issues. I simply wanted to give you a quick heads up! Apart from that, fantastic website!
Very good article! We will be linking to this great post on our website. Keep up the great writing.
Everything is very open with a really clear explanation of the challenges. It was really informative. Your website is useful. Many thanks for sharing!
This website was… how do I say it? Relevant!! Finally I have found something that helped me. Thanks!
Everything is very open with a clear explanation of the challenges. It was really informative. Your website is very helpful. Thank you for sharing!
This website was… how do I say it? Relevant!! Finally I’ve found something that helped me. Thanks.
Your style is unique in comparison to other people I have read stuff from. Thanks for posting when you’ve got the opportunity, Guess I’ll just bookmark this blog.
I could not resist commenting. Very well written!