Maniv Mobility, a Tel Aviv, Israel-based mobility venture capital firm, closed its second fund, at $100M.
Limited partners include Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, Aptiv, BMW i Ventures, Hyundai Motor Group, Lear Corp, LG Electronics, Shell Ventures and Valeo, Deutsche Bahn Digital Ventures, the venture arm of the German rail and logistics operator Deutsche Bahn, the Israeli car importer Carasso Motors in addition to numerous individuals, family offices and institutional investors.
The fund will be used to support mobility startups globally accelerating the digitization of transportation in the era of sustainable, electric and autonomous vehicles.
The fund’s focus spans:
– data and connectivity,
– digital and electric mobility platforms,
– autonomous and autonomous-enabling technologies, as well as
– novel business models that change how people and goods move.
Maniv Mobility is a venture capital firm dedicated exclusively to a new mobility future. To date, it has invested in 27 companies including Arbe Robotics, Bipi, Cognata, Hailo Technologies, Intuition Robotics, Nauto, Oryx Vision, Otonomo, Phantom Auto, Revel Transit and Upstream Security.
The investment team, led by Michael Granoff, Managing Partner, also includes:
– Olaf Sakkers, Partner
– Prescott Watson, Principal
– Nate Jaret, Principal
– Danielle Holtz, Head of Business Development