Israel’s Maniv Mobility closes $42 million inaugural fund for auto tech startups

A new investment vehicle aimed specifically at mobility startups has closed its inaugural fund at $42 million.
Launched out of Israel in 2016, Maniv Mobility — an offshoot of an existing family investment firm — said that its final close was more than double its original target. The fund claims a few big name investors, including InMotion Ventures, an independent venture launched by Jaguar Land Rover last year. InMotion has already invested directly in some notable automoti