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Maniv Mobility's Israeli venture capital fund secures investment from Lear

An Israel-based venture capital fund managed by Maniv Mobility received investment from automotive seating and electrical systems supplier Lear Corp.

Lear, which will provide capital to the fund through Lear Innovation Ventures, will boost the company's involvement in the mobility technology sector.

Maniv predominantly targets Israeli early-stage startups in the connected, autonomous, ride-sharing and mobility markets, as well as investments in the U.S. and other markets.