“Maniv’s Expansive Growth: Equipped with a New $140M Fund, the VC Firm Shows No Bounds”

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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. There are, however, some notable evolutions that hint at the Maniv’s investment strategy with its third and latest fund known as Maniv III, TechCrunch has exclusively learned. Maniv, once firmly focused on Israeli startups, continues to expand its geographic focus and now has active portfolio companies in nine countries. The VC firm has also largely stopped using the once trendy umbrella term “mobility,” (often leaving it out of its original name Maniv Mobility) and has opted instead to talk about deep tech, decarbonization and digitization of the transportation sector. “I thought the trajectory of that term (mobility) was going to continue to clarify overtime, but in fact, I think the opposite has happened for a bunch of reasons,” Granoff explained, adding that while the term mobility might not be used as often, it is still very much central to its mission.