# Lior Handelsman

> Lior Handelsman is a seed investor at Grove Ventures backing Artificial Intelligence and SaaS. See 14 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Grove Ventures](https://shizune.co/investors/profile/grove-ventures)
- Total investments: 14
- Last investment: Jul 2026
- Lead investor: 57%
- Last updated: Aug 2026
- LinkedIn: https://il.linkedin.com/in/liorhandelsman
- Website: https://www.grovevc.com/team-members/lior-handelsman/

Lior Handelsman is a General Partner at Grove Ventures. He holds a B.S. in Electrical Engineering (cum laude) and an MBA from the Technion, Israel’s Institute of Technology in Haifa.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Artificial Intelligence | 3 | 21% |
| SaaS | 2 | 14% |
| Energy | 2 | 14% |
| Software | 2 | 14% |
| Manufacturing | 2 | 14% |

35 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 7 | 50% |
| Series A | 3 | 21% |
| Series B | 1 | 7% |
| Series C | 1 | 7% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Israel | 7 | 50% |
| United States | 2 | 14% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| FormX | formX develops technology-driven modular construction systems for residential projects such as accessory dwelling units, backyard studios, and single-family homes. The company combines software-guided design with prefabricated, interlocking components to streamline drafting, permitting, and on-site assembly. Its systems are engineered for use bylocal building crews with hand tools, reducing construction complexity and time compared to traditional methods. formX offers configurable solutions that support various layouts, finishes, and uses, including guest houses, rental units, home offices, and full-scale residences. Its approach focuses on integrating design, permitting, and construction into an end-to-end process for homeowners and real estate developers. | $12.5M | Seed | Jul 28, 2026 |  |
| LimitlessCNC | Limitless CNC is an AI-powered technology intended to improve CNC machining operations. It offers an AI CAM agent that works with NX-CAM to give industry-specific strategies and operations. | $20M | Series A | Jun 16, 2026 |  |
| NoTraffic | NoTraffic develops traffic management technology that coordinates signalized intersections using connected vehicle data and AI-based control systems. Its platform integrates with existing traffic infrastructure to analyze real-time road conditions, detect vehicles, and adjust signal timing to improve traffic flow. The company provides software andhardware components that enable communication between vehicles, sensors, and traffic signals. Its system supports applications such as congestion reduction, emergency-vehicle prioritization, and pedestrian-safety management. NoTraffic also offers data insights and monitoring tools that allow municipalities and transportation agencies to manage and evaluate intersection performance. | $90M | Series C | Mar 24, 2026 |  |
| Niv-AI | Niv-AI develops an AI platform that optimizes power usage in AI data centers by capturing real-time electricity consumption data and dynamically balancing workloads. It addresses bottlenecks where synchronized GPUs create sharp power spikes, unlocking up to 30% of stranded capacity without new hardware. | $12M | Seed | Mar 17, 2026 |  |
| Teramount | Teramount changes the world of silicon photonics by offering a novel solution, the patent-pending Photonic-Plug, for connecting optics to silicon.Teramount Photonic-Plug enables standard semiconductor manufacturing processes and packaging flow in silicon photonics, thus enables any fabless semiconductor company to expand into silicon photonicswhile working with traditional foundries and OSATs. | $50M | Series A | Jul 29, 2025 |  |
| LimitlessCNC | Limitless CNC is an AI-powered technology intended to improve CNC machining operations. It offers an AI CAM agent that works with NX-CAM to give industry-specific strategies and operations. | $4.1M | Seed | Mar 18, 2025 |  |
| NoTraffic | NoTraffic develops traffic management technology that coordinates signalized intersections using connected vehicle data and AI-based control systems. Its platform integrates with existing traffic infrastructure to analyze real-time road conditions, detect vehicles, and adjust signal timing to improve traffic flow. The company provides software andhardware components that enable communication between vehicles, sensors, and traffic signals. Its system supports applications such as congestion reduction, emergency-vehicle prioritization, and pedestrian-safety management. NoTraffic also offers data insights and monitoring tools that allow municipalities and transportation agencies to manage and evaluate intersection performance. | $50M | Series B | Jun 27, 2023 |  |
| Protai | Protai empowers drug discovery with proteomics and artificial intelligence to unlock new layers of biological insights and to combat complex diseases. Protai's platform has made a leap in solving how drug candidates are created and validated, facilitating quicker and more advanced drug discovery. | $12M | Seed | Mar 15, 2023 |  |
| LAVA | Luminescent solar power focuses on developing solar energy technology. Luminescent solar power was founded in 2020 and was headquartered in India. | $7M | Seed | Dec 15, 2022 |  |
| Protai | Protai empowers drug discovery with proteomics and artificial intelligence to unlock new layers of biological insights and to combat complex diseases. Protai's platform has made a leap in solving how drug candidates are created and validated, facilitating quicker and more advanced drug discovery. | $8M | Seed | Jan 05, 2022 |  |

10 of 14 investments shown.

## Co-investors
- [M&G Investments](https://shizune.co/investors/profile/m-g-investments-2f25) — VC Fund, 4 deals together
- [Meitav Investment House](https://shizune.co/investors/profile/meitav-investment-house) — VC Fund, 3 deals together
- [Next Gear Ventures](https://shizune.co/investors/profile/nextgear-ventures) — VC Fund, 3 deals together
- [Meron Capital](https://shizune.co/investors/profile/meron-capital) — VC Fund, 2 deals together
- [North First Ventures](https://shizune.co/investors/profile/north-first-ventures) — VC Fund, 2 deals together
- [Pitango VC](https://shizune.co/investors/profile/pitango-venture-capital) — VC Fund, 2 deals together

## About Grove Ventures

VC Fund · Tel Aviv, Israel

Grove Ventures is an early-stage venture capital investment firm which places believes that the Deep Future is now and partners with exceptional Israeli entrepreneurs. With over half a billion dollars under management, Grove invests in leading startups developing hard-to-replicate solutions at the intersection of technology, science, and applicablemarket needs. The fund places significant emphasis on its core principles of putting people first, close cooperation, and value-creation.

4 contacts available at Grove Ventures.

| Name | Title | Profile |
| --- | --- | --- |
| Dov Moran | Managing Partner | https://shizune.co/investors/profile/dov-moran |
| Lior Handelsman | General Partner | https://shizune.co/investors/profile/lior-handelsman |
| Lotan Levkowitz | General Partner and Co-founder | https://shizune.co/investors/profile/lotan-levkowitz |
| Renana Ashkenazi | General Partner | https://shizune.co/investors/profile/renana-ashkenazi |

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Lior Handelsman invest in?

Lior Handelsman invests primarily in Artificial Intelligence, SaaS and Energy startups, most often at Seed and Series A stage. Most of the 14 investments tracked by Shizune back companies in Israel. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Lior Handelsman last invest?

The most recent investment recorded for Lior Handelsman closed in Jul 2026. Shizune tracks 14 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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