Grove Ventures is a venture capital firm established in 2015. The firm was founded by Dov Moran. Its headquarters is located in Tel Aviv, Israel. As of February 2019, the firm manages nine active companies in its portfolio and has sold off its shares in one company. Its most recent investment occurred in January 2019 for Lumigo, a company providing a serverless operations platform to help its customers build cloud applications.
Grove Ventures invests on Israeli companies. The firm provides funding for companies at the early stage of development. It is financing companies operating in various sectors of industry, with past examples being artificial intelligence (AI), healthcare technology, and construction industry software. As of February 2019, the firm has managed to raise a total fund of $110 million from one funding round held in October 2017.
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