Grove Ventures

Grove Ventures is an Israeli venture capital fund focused on deep-tech investments, increasingly active in the defense technology sector. Partner Lior Handelsman, one of the five legendary co-founders of SolarEdge and a Lieutenant Colonel in Unit 81 (IDF Intelligence Corps technological unit), has been evaluating over 20 defense tech startups in recent months, as reported by Calcalist in August 2024.

Handelsman, who was on extended reserve duty since October 7 in Unit 81, noted the rare opportunity to expand defense tech into a category rivaling cyber in investment volume. He emphasized the importance of creating dual-use companies that can survive both wartime and peacetime cycles.

Grove Ventures represents the intersection of deep-tech venture capital and Israeli military innovation, with partners who serve both as investors and as active reservists providing direct battlefield feedback to portfolio companies.

Dual-use relevance is very high: Grove specifically seeks dual-use defense companies to ensure sustainability across defense cycles.