Grove Ventures raises $76.8m

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Grove Ventures has raised $76.8 million to date for its Grove Ventures, per a SEC filing. The Ramat HaSharon-headquartered firm has set a $100 million target and began fundraising in 2016. The SEC filing did not disclose whether the capital raise constituted a final or interim close.

The fund will target venture capital opportunities in technology, media, and telecommunications sectors in Israel.