Grove Ventures holds final closing of second fund

The Israel-based venture capital firm raised $120 million for its second technology fund.

Fund name: Grove Ventures II
Amount raised: $120 million
Target size: Undisclosed
Stage of fundraising: Final close
Final close date: February 2020

Grove Ventures has raised $120 million for Grove Ventures II. Capital committed to the fund will be used to invest in technology startups throughout Israel that work to meet the needs of markets and science.