Grove Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Tel Aviv Grove Ventures is an early-stage fund focused on technologies and solutions in the areas of IoT, cloud, and big data. It supports Israeli start-ups throughout their inception and growth, providing all the support needed to shape and build successful global businesses, including capital, expertise, networks,andasharedplaceforcreativework. Active Markets Israel The Grove Ventures team is composed of entrepreneurs, company builders, and experienced investors. Grove understands the challenges in building Founded 2015 deep technology – the design, manufacturing, and logistical challenges; the sales and marketing challenges; the growth pains and the risks. Grove has the know-how, relevant networking (fabs, chips vendors, and manufacturers that can shorten the path to success for start-up companies), and experiencerequiredto supportandguidecompaniesthroughouttheirjourney. Employees Approx. 10 Current Fund Size $110m Use of Debt No SELECTED PORTFOLIO COMPANIES Astralink is developing a system to prevent malfunctions at construction sites in real time using a tablet and a depth AUM $110m camera. The system is designed to enable detection of mismatches between the BIM model and as-built throughout the construction project lifecycle. Target Investment Size $500k - $5m 3DSignals has developed a sound-based predictive maintenance system. 3DSignals’ acoustic monitoring & deep learning technology monitors sensory data from industrial equipment (turbines, pumps, motors, bearings, etc.), identifies anomalies, classifies patterns of equipment failure and predicts issues before they interrupt production. Target Geographies Israel The healthcare system is episodic and based on crude and limited data. Spry Health is changing healthcare by making it continuous. Target Sectors IoT, Cloud, Artificial Intelligence Investment Style Active Full Portfolio • http://grovevc.com/#portfolio Deal Structures N/A KEY CONTACTS DovMoran • With Grove Ventures since 2015, previouly Chairman of KIDOZ and Key Investment Criteria N/A CEO/Founder of modu Managing Partner • Dov was a founder and CEO of M-Systems (NSDQ: FLSH), a world leader in Email: [email protected] the flash data storage market. Under Dov's leadership, M-Systems grew to Website www.grovevc.com $1bn revenue, and was acquired by SanDisk Corp (NSDQ: SNDK) for $1.6bn Contact Email N/A Contact Phone N/A 21