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 is a company that offers a scalable and cost-effective web-based platform for enterprise product training solutions. By integrating virtual reality with web conferencing technology, iQ3Connect enables organizations to reduce physical prototyping and development time. The platform allows teams to validate design decisions through virtual prototypes, conduct on-demand training, and engage in ad-hoc product learning. It facilitates collaboration and learning by providing immersive and interactive 3D content that can be accessed across various devices, including VR, AR, PCs, and mobile platforms. This innovative approach supports enterprises in creating, deploying, and managing their training and development processes effectively.
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