NextGear Ventures

Next Gear Ventures is a venture capital investment firm based in Tel Aviv, Israel, founded in 2018. The firm specializes in early-stage investments, focusing primarily on the automotive and mobility ecosystem, including autonomous driving and related sectors. By targeting innovative companies within these industries, Next Gear Ventures aims to support and nurture the development of cutting-edge technologies in Israel.

Tal Cohen

Founding Partner, General Partner and Managing Partner

David Liniado

Venture Partner

Raz Mayshar

Associate

Tali Rosenwaks

Partner

Eran Sandhaus

Venture Partner

Omer Shachar

Managing Partner

24 past transactions

infiniDome

Series A in 2023
infiniDome is the Wireless Security Company, develops detection & protection solutions for wireless communications of connected and autonomous vehicles & UAVs from jamming and spoofing attacks.infiniDome creates the world's first one-stop-shop wireless end-to-end protection solution not only detecting but also protecting from jamming and spoofing of GPS (GNSS), V2X, cellular and other wireless sensors signals which are essential for localization, sensor-fusion, short-range communications and SOC communication & monitoring. infiniDome's first product, GPSdome, the first ever non-military GPS anti-jammer / anti-spoofer, is commercially available and already deployed worldwide protecting trucks, UAVs and cars.

infiniDome

Seed Round in 2022
infiniDome is the Wireless Security Company, develops detection & protection solutions for wireless communications of connected and autonomous vehicles & UAVs from jamming and spoofing attacks.infiniDome creates the world's first one-stop-shop wireless end-to-end protection solution not only detecting but also protecting from jamming and spoofing of GPS (GNSS), V2X, cellular and other wireless sensors signals which are essential for localization, sensor-fusion, short-range communications and SOC communication & monitoring. infiniDome's first product, GPSdome, the first ever non-military GPS anti-jammer / anti-spoofer, is commercially available and already deployed worldwide protecting trucks, UAVs and cars.

Addionics

Series A in 2022
Addionics limited designs and develops rechargeable batteries for electronic vehicles. The company was founded in 2017 and is based in London, the United Kingdom with additional office in Tel-Aviv, Israel.

Make My Day

Venture Round in 2021
Make My Day is a Tel Aviv-based company that specializes in a driving assistance app designed for electric vehicles. The app enhances the driving experience by optimizing routes and connecting drivers with their vehicles, allowing for multitasking while driving. Additionally, it offers a comprehensive solution for daily needs by linking drivers to various business providers. The platform is particularly beneficial for electric vehicle fleets, providing managed services that include smart route planning and charging management. This enables companies and fleet operators to reduce costs and make informed decisions regarding their electric vehicle operations.

Autofleet

Series B in 2021
Autofleet Ltd. operates a platform designed for car rental services, focusing on optimizing fleet management and mobility solutions. Headquartered in Tel Aviv, Israel, the company utilizes advanced machine learning algorithms for real-time demand prediction, dynamic pricing, and automated fleet management. By partnering with rental companies, car-sharing platforms, public transportation operators, and other stakeholders, Autofleet aims to create a sustainable Vehicle as a Service model that offers an adaptable supply of vehicles to meet diverse demand. Its platform facilitates the aggregation of demand and the control of supply, enabling fleet managers to enhance utilization, maximize revenues, and reduce downtime while launching innovative on-demand mobility services.

Foretellix

Series B in 2021
Foretellix Ltd. specializes in developing a verification framework for Intelligent Autonomous Systems, with a primary focus on Autonomous Vehicles. Founded in 2010 and based in Tel Aviv, Israel, the company provides solutions for inspecting and verifying the safety of complex automated driving systems. Foretellix has created a unique language that serves as a standard for describing scenarios related to autonomous vehicle operation. By employing a Coverage Driven Verification methodology, which has been successfully utilized in the semiconductor industry, Foretellix aims to enhance the safety verification and validation processes for Advanced Driver Assistance Systems (ADAS) and autonomous vehicles. The company's innovative approach aims to reduce risks, costs, and time to market in the rapidly evolving field of automotive technology.

Moodify

Series A in 2021
Moodify Ltd is a Tel Aviv-based company founded in 2017 that specializes in artificial intelligence and machine learning solutions aimed at enhancing emotional well-being. The company has developed an innovative platform that employs artificial empathy to deliver cognitive behavioral therapy. By continuously gathering biometric data, Moodify's technology can respond in real-time to users' emotional states, thereby improving attention and fostering positive emotions. One of its key offerings, the Empathic Car system, enables vehicles to intuitively sense and address the emotional needs of drivers, utilizing scent technology to emit safe and non-intrusive signals that influence mood.

NoTraffic

Series A in 2021
NoTraffic Ltd. is a technology company based in Tel Aviv, Israel, that specializes in traffic management solutions. Founded in 2016, the company has developed a platform that transforms traditional traffic signals into smart systems capable of optimizing traffic flow in real-time. By utilizing advanced artificial intelligence and proprietary computer vision algorithms, NoTraffic's platform analyzes data from various sources, including vehicle-to-infrastructure communication, to enhance the efficiency of traffic signals. This system prioritizes different types of vehicles, including public transport and emergency services, while also considering pedestrian safety. With a focus on reducing congestion and accidents, NoTraffic's autonomous traffic management platform is designed to support cities in implementing their traffic policies effectively and prepares urban infrastructure for the future of connected and autonomous vehicles.

Ottopia

Series A in 2021
Ottopia, based in Tel-Aviv, Israel, specializes in developing an artificial intelligence platform tailored for the automobile industry, with a focus on teleoperation technology. The company aims to create the first automotive-grade teleoperation system, allowing human operators to remotely control various types of vehicles in a safe and cyber-secure manner. Ottopia's proprietary platform addresses key challenges in teleoperation by integrating artificial intelligence with human oversight, enhancing efficiency and safety while reducing operational costs and emissions, particularly for logistics and port operations. By researching, developing, and providing critical technologies, Ottopia positions itself as a leader in the teleoperation sector, ensuring reliable and scalable solutions for guiding autonomous vehicles in complex environments.

infiniDome

Seed Round in 2021
infiniDome is the Wireless Security Company, develops detection & protection solutions for wireless communications of connected and autonomous vehicles & UAVs from jamming and spoofing attacks.infiniDome creates the world's first one-stop-shop wireless end-to-end protection solution not only detecting but also protecting from jamming and spoofing of GPS (GNSS), V2X, cellular and other wireless sensors signals which are essential for localization, sensor-fusion, short-range communications and SOC communication & monitoring. infiniDome's first product, GPSdome, the first ever non-military GPS anti-jammer / anti-spoofer, is commercially available and already deployed worldwide protecting trucks, UAVs and cars.

Enroute

Funding Round in 2020
Enroute is a developer of personalized commerce platform which is installed into ride hailing and mass transit applications. Their service allows passengers to ride for free as they shop and interact. Enroute’s software smoothly integrates with mobility apps, infotainment systems, and loyalty programs. Using smart algorithms, Enroute creates a unique shopping experience for passengers based on ride details and user profiles. Their retail partners offer a wide range of shopping options. The passenger earns a ride credit for every purchase made through our platform.

RFISee

Series A in 2020
RFISee is focused on developing advanced radar technology aimed at enhancing the safety and functionality of autonomous vehicles, drones, and robots. The company is creating the world's first 4D imaging radar on a single chip, which features high-resolution, low-cost radar sensors. These sensors are capable of generating real-time 3D location and velocity maps of surrounding objects, thereby facilitating greater automation in driving. RFISee's innovative approach is set to disrupt the transportation industry by enabling safer vehicles and introducing new business models. The technology is particularly well-suited for the autonomous car market, which is experiencing rapid growth, as radar systems are reliable in various weather and lighting conditions, making them a preferred choice in military and defense applications.

Navmatic

Seed Round in 2020
Navmatic, Inc., established in 2018 and located in Palo Alto, California, specializes in developing advanced positioning products for micro-mobility, autonomous robots, and mobile devices. The company offers a high-accuracy positioning solution that integrates a cloud correction service with a sophisticated positioning engine. This system utilizes proprietary sensor fusion and multipath mitigation algorithms, allowing clients to effectively locate their vehicles and parking facilities. Through its innovative technology, Navmatic aims to enhance navigation and positioning capabilities across various applications.

infiniDome

Seed Round in 2020
infiniDome is the Wireless Security Company, develops detection & protection solutions for wireless communications of connected and autonomous vehicles & UAVs from jamming and spoofing attacks.infiniDome creates the world's first one-stop-shop wireless end-to-end protection solution not only detecting but also protecting from jamming and spoofing of GPS (GNSS), V2X, cellular and other wireless sensors signals which are essential for localization, sensor-fusion, short-range communications and SOC communication & monitoring. infiniDome's first product, GPSdome, the first ever non-military GPS anti-jammer / anti-spoofer, is commercially available and already deployed worldwide protecting trucks, UAVs and cars.

Autofleet

Series A in 2020
Autofleet Ltd. operates a platform designed for car rental services, focusing on optimizing fleet management and mobility solutions. Headquartered in Tel Aviv, Israel, the company utilizes advanced machine learning algorithms for real-time demand prediction, dynamic pricing, and automated fleet management. By partnering with rental companies, car-sharing platforms, public transportation operators, and other stakeholders, Autofleet aims to create a sustainable Vehicle as a Service model that offers an adaptable supply of vehicles to meet diverse demand. Its platform facilitates the aggregation of demand and the control of supply, enabling fleet managers to enhance utilization, maximize revenues, and reduce downtime while launching innovative on-demand mobility services.

Addionics

Venture Round in 2020
Addionics limited designs and develops rechargeable batteries for electronic vehicles. The company was founded in 2017 and is based in London, the United Kingdom with additional office in Tel-Aviv, Israel.

Hailo

Series B in 2020
Hailo is an Israel-based company specializing in the development of deep learning processors for edge devices, founded in 2017 and headquartered in Tel Aviv. Its flagship product, the Hailo-8, along with its software development kit, enables devices to perform complex deep learning tasks such as object detection and image enhancement independently, without relying on remote processing. By delivering data center-level performance in a compact, energy-efficient form, Hailo's technology empowers a range of applications across various sectors, including automotive, security, and smart home appliances. The company's innovative approach to computer architecture facilitates real-time processing while minimizing power consumption and cost, thereby enhancing the capabilities of intelligent devices in the modern digital landscape.

Kardome

Seed Round in 2020
Kardome Technology Ltd. develops a real-time software suite designed to enhance speech signals from multiple speakers in challenging acoustic environments. Founded in 2018 and based in Mazor, Israel, the company utilizes advanced algorithms to isolate voices from background noise, allowing for improved communication without the need for users to shout or position themselves close to microphones. Kardome's technology can be integrated into a wide range of applications, including voice-controlled devices, hands-free speakerphones, tablets, cellphones, and conference call equipment. This innovative approach enables a seamless voice control experience, catering to the growing demand for high-quality audio in various consumer and professional settings.

Moodify

Seed Round in 2019
Moodify Ltd is a Tel Aviv-based company founded in 2017 that specializes in artificial intelligence and machine learning solutions aimed at enhancing emotional well-being. The company has developed an innovative platform that employs artificial empathy to deliver cognitive behavioral therapy. By continuously gathering biometric data, Moodify's technology can respond in real-time to users' emotional states, thereby improving attention and fostering positive emotions. One of its key offerings, the Empathic Car system, enables vehicles to intuitively sense and address the emotional needs of drivers, utilizing scent technology to emit safe and non-intrusive signals that influence mood.

WayCare

Series A in 2019
Waycare Technologies Ltd. is a company based in Tel-Aviv, Israel, founded in 2016, that develops a cloud-based platform focused on proactive traffic management. The platform utilizes predictive analytics to forecast traffic crashes and congestion up to two hours in advance, allowing municipalities to take preemptive measures. By integrating data from various transportation modes, including connected and autonomous vehicles, Waycare enables effective communication between vehicles and city infrastructure. This capability allows city officials to optimize traffic management systems, improve safety, and enhance the overall mobility experience. The platform also monitors the effectiveness of implemented strategies and suggests further techniques to reduce traffic incidents, ultimately providing actionable insights to traffic center operators.

Moodify

Venture Round in 2019
Moodify Ltd is a Tel Aviv-based company founded in 2017 that specializes in artificial intelligence and machine learning solutions aimed at enhancing emotional well-being. The company has developed an innovative platform that employs artificial empathy to deliver cognitive behavioral therapy. By continuously gathering biometric data, Moodify's technology can respond in real-time to users' emotional states, thereby improving attention and fostering positive emotions. One of its key offerings, the Empathic Car system, enables vehicles to intuitively sense and address the emotional needs of drivers, utilizing scent technology to emit safe and non-intrusive signals that influence mood.

Hailo

Series A in 2019
Hailo is an Israel-based company specializing in the development of deep learning processors for edge devices, founded in 2017 and headquartered in Tel Aviv. Its flagship product, the Hailo-8, along with its software development kit, enables devices to perform complex deep learning tasks such as object detection and image enhancement independently, without relying on remote processing. By delivering data center-level performance in a compact, energy-efficient form, Hailo's technology empowers a range of applications across various sectors, including automotive, security, and smart home appliances. The company's innovative approach to computer architecture facilitates real-time processing while minimizing power consumption and cost, thereby enhancing the capabilities of intelligent devices in the modern digital landscape.

Foretellix

Series A in 2019
Foretellix Ltd. specializes in developing a verification framework for Intelligent Autonomous Systems, with a primary focus on Autonomous Vehicles. Founded in 2010 and based in Tel Aviv, Israel, the company provides solutions for inspecting and verifying the safety of complex automated driving systems. Foretellix has created a unique language that serves as a standard for describing scenarios related to autonomous vehicle operation. By employing a Coverage Driven Verification methodology, which has been successfully utilized in the semiconductor industry, Foretellix aims to enhance the safety verification and validation processes for Advanced Driver Assistance Systems (ADAS) and autonomous vehicles. The company's innovative approach aims to reduce risks, costs, and time to market in the rapidly evolving field of automotive technology.

NoTraffic

Seed Round in 2018
NoTraffic Ltd. is a technology company based in Tel Aviv, Israel, that specializes in traffic management solutions. Founded in 2016, the company has developed a platform that transforms traditional traffic signals into smart systems capable of optimizing traffic flow in real-time. By utilizing advanced artificial intelligence and proprietary computer vision algorithms, NoTraffic's platform analyzes data from various sources, including vehicle-to-infrastructure communication, to enhance the efficiency of traffic signals. This system prioritizes different types of vehicles, including public transport and emergency services, while also considering pedestrian safety. With a focus on reducing congestion and accidents, NoTraffic's autonomous traffic management platform is designed to support cities in implementing their traffic policies effectively and prepares urban infrastructure for the future of connected and autonomous vehicles.
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