Israel-based Venture Fund Maniv Mobility Leads First Seed Investment in UAE Based Firm Fenix Crowdfund Insider. :
An Israel based venture fund, Maniv Mobility LP, has led a $3.8 million seed round investment in Fenix, a micro-mobility venture focused on the Middle East. According to Maniv Mobility, this is the first investment by an Israeli venture capital fund in a UAE-based tech startup since the normalization of relations between Israel and the UAE and the largest pre-launch funding round in the history of the UAE tech ecosystem.