NOVA Prime Ventures

NOVA Prime Ventures, founded in 2022 and located in Santa Clara, California, is a venture capital firm that focuses on early-stage investments in sectors such as clean energy, digital health, climate change, and artificial intelligence. The firm aims to partner with startups that align with its mission to co-create innovative businesses, particularly in collaboration with LG Electronics. Through its targeted investment strategy, NOVA Prime Ventures seeks to support the development of sustainable technologies and solutions that address pressing global challenges.

Ali Diallo

Founding Managing Director and General Partner

2 past transactions

XRHealth

Venture Round in 2024
XRHealth Ltd. is a medical technology company based in Tel Aviv, Israel, that specializes in developing virtual reality (VR) software solutions for healthcare. Founded in 2016, the company offers an array of products designed to enhance patient care and treatment outcomes. Its offerings include VRPhysio, a platform for virtual physical therapy; VRReliever, which helps manage pain through distraction; VRCogni, aimed at improving motor function in stroke and dementia patients; and VRPsyc, which provides exposure therapy for various mental health disorders. Additionally, VRCoordi is designed to aid coordination recovery in patients with Parkinson's, brain injuries, and autism. By integrating immersive technologies with licensed clinicians and advanced data analytics, XRHealth provides comprehensive telehealth services, allowing patients to access treatment from the comfort of their own homes.

iQ3Connect

Seed Round in 2023
iQ3Connect offers a web-based platform that combines virtual reality and web conferencing to create scalable and cost-effective enterprise product training solutions. The platform allows teams to collaborate in real-time, significantly reducing the time and resources needed for physical prototyping and development. By validating design decisions through virtual prototypes, iQ3Connect facilitates on-demand training and provides an environment for ad-hoc product learning. Its immersive and interactive 3D content can be accessed on various devices, including VR, AR, PC, and mobile, enabling organizations to enhance their training and collaboration efforts efficiently.
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