Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.

Firms / Mata Hightech Ltd

Mata Hightech Ltd

Seed fund manager · probableTel Avivgrovevc.comSEC exempt reporting adviserone firm, 3 filing advisers

This firm files as 3 advisers on grovevc.com: Mata Technologies Ventures III (2021) Ltd, Mata Ventures Technologies Ltd. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.

Grove Ventures is a leading early-stage venture capital fund in Israel. It partners with seed and early-stage founders

name or self-description says seed

Importance
26
moderate
Active deployment
0
low
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
4
low
Identity and regulatory footprint
Headquarters
Tel Aviv, Israeladviserinfo.sec.gov
Office address
121 BEGIN ST, Tel Aviv, 6701203adviserinfo.sec.gov
Business phone
972-35406060adviserinfo.sec.gov
SEC adviser type
exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
private fund adviseradviserinfo.sec.gov
Latest Form ADV
Apr 4, 2024
Private funds reported
4 (4 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$287Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
business phone
972-35406060adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
Sectors
ai, enterprise software, healthcare, deep tech
Stages
pre seed, seed, early
Geography
israel
Check size
not stated; DFX does not estimate checks from round sizes
Self-described
seed
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
4 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Grove Ventures LPFund2016 form d first saleHarvest$198M
Apr 4, 2024
70$110M
of $110M
Oct 27, 2017
Grove I Af Spv - Limited PartnershipSPV or co-invest vehicleunknownUnknown$64.6M
Apr 4, 2024
6unknownunknown
Grove I Af Spv II Limited PartnershipSPV or co-invest vehicleunknownUnknown$13.1M
Apr 4, 2024
7unknownunknown
Grove I Nb Spv, Limited PartnershipSPV or co-invest vehicleunknownUnknown$10.9M
Apr 4, 2024
15unknownunknown
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
17 current, 0 departed
Ofer Kirshenbaum
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Founder or executive
Accessibility Statement
Grove Ventures is a proud partner of the Diversified Israeli Tech Industry
Partner
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
6 dated events
  1. Sep 15, 2026
    Mata Hightech Ltd: INSTITUTIONAL_VC -> SEED_FUND_MANAGER (name or self-description says seed)
    Classification changedClassificationInferenceno URL
  2. Jun 1, 2023
    Mata Hightech Ltd first filed Form ADV (ERA)
  3. Jun 1, 2023
    Grove I Nb Spv, Limited Partnership first reported on Form ADV by Mata Hightech Ltd (Venture Capital Fund), GAV $10,895,401
  4. Jun 1, 2023
    Grove I Af Spv - Limited Partnership first reported on Form ADV by Mata Hightech Ltd (Venture Capital Fund), GAV $64,574,167
  5. Jun 1, 2023
    Grove I Af Spv II Limited Partnership first reported on Form ADV by Mata Hightech Ltd (Venture Capital Fund), GAV $13,205,857
  6. Jun 1, 2023
    Grove Ventures LP first reported on Form ADV by Mata Hightech Ltd (Venture Capital Fund), GAV $238,155,453
Classification history
  1. Sep 15, 2026
    Seed fund manager (probable, 80%, cls-1)
    name or self-description says seed
  2. Sep 12, 2026
    Institutional venture firm (probable, 80%, cls-1)
    venture manager, reported GAV $287M across 4 vehicles
Evidence
34 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC exemption claimedprivate_fund_adviserApr 4, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC adviser typeexempt_reporting_adviserApr 4, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2023-06-01Apr 4, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Adv history loadedadv-hist-1Sep 12, 2026FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Latest Form ADV filing2024-04-04Apr 4, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Venture share of reported funds1Apr 4, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone972-35406060Apr 4, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Contact page urlhttps://www.grovevc.com/contact/
contact page linked from the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionGrove Ventures is a leading early-stage venture capital fund in Israel. It partners with seed and early-stage founders
meta description
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionGrove Ventures is a leading early-stage venture capital fund in Israel. It partners with seed and early-stage founders
meta description
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
HeadquartersTel Aviv, IsraelApr 4, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Office address121 BEGIN ST, Tel Aviv, 6701203Apr 4, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Self-described typeseed
We invest at pre-seed and seed and are there for the decisions that shape your company.
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Self-described typeseed
We invest at pre-seed and seed and are there for the decisions that shape your company.
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Legal formCorporationApr 4, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Portfolio pagehttps://www.grovevc.com/portfolio/wiliot-iot-pixels/
0 entries read
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Portfolio pagehttps://www.grovevc.com/portfolio/wiliot-iot-pixels/
0 entries read
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Private funds reported4Apr 4, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private fund gross assets (reported)$287MApr 4, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Stated geographyisrael
geography words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated geographyisrael
geography words on the home page
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorsai,enterprise_software,healthcare,deep_tech
sector words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorsai,enterprise_software,healthcare,deep_tech
sector words on the home page
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated stagespre_seed,seed,early
stage words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated stagespre_seed,seed,early
stage words on the home page
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://www.grovevc.com/teams/
14 name/title pairs read
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://www.grovevc.com/teams/
14 name/title pairs read
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Venture funds reported4Apr 4, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Websitehttps://www.grovevc.com/Apr 4, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Site titleEarly-Stage Venture Capital (VC) in Israel | Grove Ventures
title tag
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleEarly-Stage Venture Capital (VC) in Israel | Grove Ventures
title tag
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)