Next Gear Ventures

Next Gear Ventures, based in Tel Aviv, Israel, is a venture capital firm focusing on early-stage investments within the Israeli market. The company primarily targets energy equipment, business products and services, and energy sectors for its investments.

Raz Mayshar

Associate

36 past transactions

Kardome

Series A in 2024
Kardome is a technology company founded in 2018 and headquartered in Mazor, Hamerkaz, Israel. It specializes in voice-control technology that enhances speech recognition in noisy environments. By employing a real-time software beamformer, Kardome's solutions improve the clarity of speech signals from multiple speakers, allowing for high-quality sound output without requiring users to raise their voices or be positioned closely to a microphone. The company's offerings include applications for voice-controlled devices, hands-free speakerphones, tablets, cellphones, and conference call systems. Kardome's innovative algorithms enable users to experience seamless voice control, even amidst background noise and competing sounds, making it suitable for various processing environments.

Lidwave

Seed Round in 2024
Lidwave is a developer of advanced 3D sensing solutions aimed at transforming industries reliant on LiDAR technology. By introducing a novel three-dimensional sensing architecture, the company addresses significant limitations in traditional LiDAR and radar systems, particularly concerning bandwidth constraints. Its innovative Finite Coherence Ranging (FCR) technology delivers enhanced four-dimensional sensing capabilities, enabling precise Doppler and depth information. This breakthrough allows businesses to enhance automation across various sectors, including autonomous vehicles, industrial robotics, and smart cities, ultimately facilitating smarter and safer decision-making. Lidwave's approach not only resolves the challenges associated with existing sensing methods but also positions it as a leader in disruptive sensing technology.

BiB Batteries

Seed Round in 2024
BiB Batteries is a company focused on developing battery monitoring software aimed at enhancing the performance of batteries. Its platform provides detailed information on lithium-ion batteries, featuring a transparent display of critical data such as battery failure forecasting and charge optimization. This allows clients to gain insights into their batteries' capacity and value, ultimately helping them improve performance, extend the lifespan of their batteries, and minimize their environmental impact.

Clearly.Earth

Seed Round in 2024
AI driven SaaS platform for smarter mobility emission management for fleet owners, operators and customers.

Magnus Metal

Series B in 2024
Magnus Metal Ltd. is an innovative company based in Nes Ziona, Israel, specializing in additive casting technology. It focuses on the development and manufacturing of metal parts through a digital process that enhances high-volume production capabilities. Magnus Metal provides metal casting services for a variety of applications, including industrial tooling, power train and engine assemblies, chassis, and structural components for robotics, heavy-duty machinery, vehicles, trucks, and trains. The company's advanced technology combines traditional casting methods with digital 3D printing techniques, allowing for design flexibility and multi-alloy capabilities. This approach results in improved product homogeneity, predictability, and accuracy, while also reducing costs per part for its clients.

Carrar

Series A in 2024
Carrar specializes in the manufacturing of advanced battery systems for electric vehicles, emphasizing exceptional heat dissipation to enhance performance and longevity. The company's innovative thermal management system employs novel two-phase immersion cooling technology, which enables precise temperature control throughout the battery pack, ensuring uniformity at both the cell circumference and interior. This closed-loop system effectively manages the fluid boiling point, allowing for flexible control and sustained temperatures, ultimately increasing overall battery efficiency. By improving cooling mechanisms, Carrar's battery systems significantly reduce the Total Cost of Ownership for commercial vehicles and enhance the return on investment for passenger cars, contributing to superior battery performance and extended operational lifespans.

CorrActions

Series A in 2023
CorrActions is a developer of a software-based digital technology platform that focuses on enhancing human-machine interaction. The platform is designed to detect, decode, and transform human brain signals in real-time, aiming to prevent human errors. By leveraging artificial intelligence, CorrActions enables machines to learn human behavior more effectively, thereby improving overall efficiency in various sectors. Its applications span across aviation, automotive, medical, and technology industries, where it seeks to revolutionize the interaction between humans and machines through a brain-computer interface. This innovative approach enhances human learning efficiency and facilitates smarter machine operation in complex environments.

Nugen Clean Energy

Pre Seed Round in 2023
Nugen Clean Energy specializes in off-grid electric vehicle (EV) charging systems. Their innovative technology uses a solid-state hydrogen compound to safely generate and utilize hydrogen on-site and on-demand, ensuring a reliable and sustainable power source even in remote locations. This enhances grid capacity and provides uninterrupted charging, making EV charging infrastructure more scalable and dependable.

NoTraffic

Series B in 2023
NoTraffic Ltd. is a technology company based in Tel Aviv, Israel, founded in 2016, specializing in a traffic management platform that transforms traditional signalized intersections into smart, interconnected systems. The platform facilitates communication between road users and infrastructure through vehicle-to-infrastructure (V2I) technology, optimizing traffic signal timing to enhance traffic flow, prioritize vehicles, and minimize congestion and accidents. By employing advanced artificial intelligence sensors that integrate machine vision and radar, NoTraffic enables real-time detection and classification of various road users, including buses, cyclists, and pedestrians. With operations spanning over 40 states and strategic partnerships with leading distributors, NoTraffic aims to revolutionize mobility and improve road safety, earning recognition as one of the TIME 100 Most Influential Companies for its significant impact on transportation systems.

Foretellix

Series C in 2023
Foretellix Ltd. is a company specializing in the development of a verification framework for Intelligent Autonomous Systems, particularly focusing on Autonomous Vehicles. Established in 2010 and headquartered in Tel Aviv, Israel, Foretellix provides innovative solutions that automate the verification of safety-critical automotive systems. The company has created a platform that enables measurable safety verification, utilizing a coverage-driven methodology that has been successfully applied in the semiconductor industry. This platform facilitates the analysis of safety-related metrics to ensure comprehensive coverage of various driving scenarios, allowing clients to confirm that their vehicles perform safely in critical situations. By addressing the challenges of verifying increasingly complex automated driving systems, Foretellix aims to reduce risks, costs, and time to market for autonomous vehicle deployment.

infiniDome

Series A in 2023
Infinidome Ltd. is a wireless security company based in Caesarea, Israel, specializing in solutions that protect connected and autonomous vehicles, unmanned aerial vehicles (UAVs), and critical infrastructure from jamming and spoofing attacks on wireless communication systems, particularly those involving the Global Positioning System (GPS). Founded in 2016, Infinidome develops products such as GPSdome, a non-military anti-jammer and anti-spoofer designed for the protection of various vehicles and infrastructure, and OtoSphere, an add-on module that safeguards GPS position, navigation, and timing systems. The company's technology enables seamless installation in GPS systems with external antennas, providing a defense mechanism against low-cost jamming threats and ensuring reliable location and time synchronization.

nT-Tao Compact Fusion Power

Series A in 2023
nT-Tao is building a compact fusion reactor that will generate 10-20 MW of electricity. The reactor is highly scalable and will be about the size of a shipping container, ensuring clean fusion energy wherever needed. The reactor’s scalability and affordability will make it suitable for various power needs, ranging from industrial and manufacturing facilities to small towns and off-grid locations. This scalability coupled with the ability for rapid deployment, positions nT-Tao’s reactor as a versatile and adaptable fusion energy solution. nT-Tao’s unique solution relies on a proprietary plasma heating method which is expected to reach 1000 times higher density than other fusion reactors, thereby making its fusion reaction 1 million times more effective. nT-Tao’s ability for quick development iterations and its groundbreaking approach, dramatically reduces the size, cost, and complexity of fusion energy reactors. Co-founded by Oded Gour-Lavie, Doron Weinfeld, and Boaz Weinfeld, nT-Tao’s mission is to develop a unique nuclear fusion technology that will enable the world to transition towards a cleaner, decarbonized, sustainable, and advanced future.

Ottopia

Series A in 2023
Ottopia Ltd., headquartered in Tel-Aviv, Israel, specializes in developing an artificial intelligence platform tailored for the automobile industry. The company's flagship product is a teleoperations software platform, recognized twice by Frost & Sullivan as the best in its market. This platform combines AI with human drivers' expertise to facilitate driverless experiences across various vehicle types, including cars, buses, trucks, construction machines, and delivery vehicles. Ottopia partners with prominent industry players such as Hyundai, Magna International, Deutsche Telekom, Motional, EasyMile, MooVita, Serve Robotics, and NVIDIA. By employing Ottopia's technology, original equipment manufacturers (OEMs) can generate new recurring revenue streams while reducing research and development costs.

infiniDome

Seed Round in 2022
Infinidome Ltd. is a wireless security company based in Caesarea, Israel, specializing in solutions that protect connected and autonomous vehicles, unmanned aerial vehicles (UAVs), and critical infrastructure from jamming and spoofing attacks on wireless communication systems, particularly those involving the Global Positioning System (GPS). Founded in 2016, Infinidome develops products such as GPSdome, a non-military anti-jammer and anti-spoofer designed for the protection of various vehicles and infrastructure, and OtoSphere, an add-on module that safeguards GPS position, navigation, and timing systems. The company's technology enables seamless installation in GPS systems with external antennas, providing a defense mechanism against low-cost jamming threats and ensuring reliable location and time synchronization.

Addionics

Series A in 2022
Addionics Limited is a company focused on designing and developing advanced rechargeable batteries, primarily for electric vehicles. Founded in 2017 and headquartered in London, with an additional office in Tel-Aviv, Israel, Addionics specializes in innovative battery architecture that enhances energy density, reduces charging times, and improves thermal safety. The company utilizes a unique 3D battery architecture to minimize internal resistance and enhance mechanical longevity, thereby significantly improving overall battery performance. By transforming the physical structure of batteries at a microscopic level, Addionics aims to revolutionize energy storage and delivery, supporting battery manufacturers and automakers in producing safer, more efficient, and cost-effective energy solutions. The company's efforts are geared towards accelerating the development and scalability of its proprietary technology, contributing to a more sustainable future.

Make My Day

Venture Round in 2021
Make My Day is a Tel-Aviv-based company that specializes in developing an in-car driving assistance app designed specifically for electric vehicles. The app enhances the driving experience by connecting drivers to their vehicles while allowing them to engage in additional activities. It also offers a comprehensive solution for daily needs by linking drivers with various business providers. The company's smart route planning platform supports electric vehicle fleets by delivering managed-to-charge services that facilitate efficient route planning. This enables businesses and automotive leaders to reduce fleet costs while optimizing electric vehicle charging and decision-making processes.

Autofleet

Series B in 2021
Autofleet is a company based in Tel Aviv, Israel, that specializes in providing an optimization platform for fleets and mobility operators. The company partners with various entities, including rental companies, car-sharing platforms, public transportation operators, and original equipment manufacturers (OEMs), to enhance their operations. Autofleet's platform utilizes advanced machine learning algorithms for demand prediction, dynamic pricing, automated fleet management, and real-time optimization of demand-supply matching. This enables clients to plan future deployments, optimize existing operations, and launch new on-demand mobility business models, ultimately maximizing revenues and reducing fleet downtime.

Foretellix

Series B in 2021
Foretellix Ltd. is a company specializing in the development of a verification framework for Intelligent Autonomous Systems, particularly focusing on Autonomous Vehicles. Established in 2010 and headquartered in Tel Aviv, Israel, Foretellix provides innovative solutions that automate the verification of safety-critical automotive systems. The company has created a platform that enables measurable safety verification, utilizing a coverage-driven methodology that has been successfully applied in the semiconductor industry. This platform facilitates the analysis of safety-related metrics to ensure comprehensive coverage of various driving scenarios, allowing clients to confirm that their vehicles perform safely in critical situations. By addressing the challenges of verifying increasingly complex automated driving systems, Foretellix aims to reduce risks, costs, and time to market for autonomous vehicle deployment.

Moodify

Series A in 2021
Moodify Ltd is an innovative company based in Tel Aviv, Israel, that specializes in developing artificial intelligence and machine learning solutions aimed at enhancing emotional and cognitive well-being through scent. Founded in 2017, Moodify harnesses over 15 years of neuroscience research from the Weizmann Institute to create active scents that impact the olfactory sense in a non-invasive manner. The company transforms traditional scent manufacturing processes, making them faster, more scalable, and cost-effective while ensuring compliance with safety standards. By offering products that integrate scents designed to evoke specific emotional responses, Moodify enables brands and fragrance houses to create more effective and sustainable consumer experiences.

NoTraffic

Series A in 2021
NoTraffic Ltd. is a technology company based in Tel Aviv, Israel, founded in 2016, specializing in a traffic management platform that transforms traditional signalized intersections into smart, interconnected systems. The platform facilitates communication between road users and infrastructure through vehicle-to-infrastructure (V2I) technology, optimizing traffic signal timing to enhance traffic flow, prioritize vehicles, and minimize congestion and accidents. By employing advanced artificial intelligence sensors that integrate machine vision and radar, NoTraffic enables real-time detection and classification of various road users, including buses, cyclists, and pedestrians. With operations spanning over 40 states and strategic partnerships with leading distributors, NoTraffic aims to revolutionize mobility and improve road safety, earning recognition as one of the TIME 100 Most Influential Companies for its significant impact on transportation systems.

Ottopia

Series A in 2021
Ottopia Ltd., headquartered in Tel-Aviv, Israel, specializes in developing an artificial intelligence platform tailored for the automobile industry. The company's flagship product is a teleoperations software platform, recognized twice by Frost & Sullivan as the best in its market. This platform combines AI with human drivers' expertise to facilitate driverless experiences across various vehicle types, including cars, buses, trucks, construction machines, and delivery vehicles. Ottopia partners with prominent industry players such as Hyundai, Magna International, Deutsche Telekom, Motional, EasyMile, MooVita, Serve Robotics, and NVIDIA. By employing Ottopia's technology, original equipment manufacturers (OEMs) can generate new recurring revenue streams while reducing research and development costs.

infiniDome

Seed Round in 2021
Infinidome Ltd. is a wireless security company based in Caesarea, Israel, specializing in solutions that protect connected and autonomous vehicles, unmanned aerial vehicles (UAVs), and critical infrastructure from jamming and spoofing attacks on wireless communication systems, particularly those involving the Global Positioning System (GPS). Founded in 2016, Infinidome develops products such as GPSdome, a non-military anti-jammer and anti-spoofer designed for the protection of various vehicles and infrastructure, and OtoSphere, an add-on module that safeguards GPS position, navigation, and timing systems. The company's technology enables seamless installation in GPS systems with external antennas, providing a defense mechanism against low-cost jamming threats and ensuring reliable location and time synchronization.

Actasys

Seed Round in 2020
Actasys, Inc. is a technology company focused on enhancing the performance of automotive sensors critical for advanced driver assistance systems (ADAS) and autonomous vehicles. Established in 2013 and headquartered in Watervliet, New York, Actasys employs its proprietary ActaJet technology to maintain the cleanliness and functionality of various vision sensors, including cameras and LiDAR, which are essential for accurate perception in challenging environmental conditions. By utilizing an energy-efficient system of small actuators that generate jets of air, Actasys effectively addresses issues such as sensor obstruction and overheating, thereby improving the reliability and safety of sensor data. The company's innovative solutions cater to multiple sectors, including automotive, transportation, robotics, and smart cities, enabling clients to enhance operational efficiency and safety. Actasys has gained notable commercial traction and is actively involved in leading mobility accelerators, reflecting its commitment to advancing sensor technology for the future of mobility.

Enroute

Funding Round in 2020
Enroute is a developer of a personalized commerce platform designed for integration into ride-hailing and mass transit applications. The company's innovative software allows passengers to shop and interact during their rides without incurring costs, as they earn ride credits for each purchase made through the platform. By leveraging advanced algorithms, Enroute crafts a unique shopping experience tailored to individual passengers, taking into account ride details and user profiles. This approach not only enhances passenger engagement but also provides online retailers with targeted e-commerce opportunities. Enroute's collaboration with various retail partners enables a diverse range of shopping options, further enriching the passenger experience while connecting mobility with retail.

RFISee

Series A in 2020
RFISee is focused on developing innovative radar technology aimed at enhancing the safety of autonomous vehicles. The company is creating the world's first 4D imaging radar on a single chip, which utilizes high-resolution, low-cost radar sensors to produce real-time 3D location and velocity maps of surrounding objects. This advanced technology is designed to support the automation of driving, paving the way for safer vehicles and enabling new transportation modes and business models. RFISee's radar systems are particularly beneficial due to their robustness, functioning effectively in various weather and light conditions, a characteristic that aligns with the needs of the rapidly growing autonomous car market.

Navmatic

Seed Round in 2020
Navmatic, Inc. is a technology company based in Palo Alto, California, that specializes in developing high-accuracy positioning products for micro-mobility solutions, autonomous robots, and mobile devices. Founded in 2018, Navmatic offers an end-to-end positioning solution that integrates a cloud correction service with a sophisticated positioning engine. This engine utilizes proprietary sensor fusion and multipath mitigation algorithms, allowing clients to accurately locate devices and areas, including bicycles and parking facilities. The company's innovative approach enhances navigation capabilities across various applications, making it a significant player in the positioning technology sector.

infiniDome

Seed Round in 2020
Infinidome Ltd. is a wireless security company based in Caesarea, Israel, specializing in solutions that protect connected and autonomous vehicles, unmanned aerial vehicles (UAVs), and critical infrastructure from jamming and spoofing attacks on wireless communication systems, particularly those involving the Global Positioning System (GPS). Founded in 2016, Infinidome develops products such as GPSdome, a non-military anti-jammer and anti-spoofer designed for the protection of various vehicles and infrastructure, and OtoSphere, an add-on module that safeguards GPS position, navigation, and timing systems. The company's technology enables seamless installation in GPS systems with external antennas, providing a defense mechanism against low-cost jamming threats and ensuring reliable location and time synchronization.

Autofleet

Series A in 2020
Autofleet is a company based in Tel Aviv, Israel, that specializes in providing an optimization platform for fleets and mobility operators. The company partners with various entities, including rental companies, car-sharing platforms, public transportation operators, and original equipment manufacturers (OEMs), to enhance their operations. Autofleet's platform utilizes advanced machine learning algorithms for demand prediction, dynamic pricing, automated fleet management, and real-time optimization of demand-supply matching. This enables clients to plan future deployments, optimize existing operations, and launch new on-demand mobility business models, ultimately maximizing revenues and reducing fleet downtime.

Addionics

Venture Round in 2020
Addionics Limited is a company focused on designing and developing advanced rechargeable batteries, primarily for electric vehicles. Founded in 2017 and headquartered in London, with an additional office in Tel-Aviv, Israel, Addionics specializes in innovative battery architecture that enhances energy density, reduces charging times, and improves thermal safety. The company utilizes a unique 3D battery architecture to minimize internal resistance and enhance mechanical longevity, thereby significantly improving overall battery performance. By transforming the physical structure of batteries at a microscopic level, Addionics aims to revolutionize energy storage and delivery, supporting battery manufacturers and automakers in producing safer, more efficient, and cost-effective energy solutions. The company's efforts are geared towards accelerating the development and scalability of its proprietary technology, contributing to a more sustainable future.

Hailo

Series B in 2020
Hailo Technologies Ltd., established in 2017 and headquartered in Tel Aviv, Israel, specializes in developing AI-focused chips for edge device applications. The company's primary product, Hailo-8, is a deep learning processor designed to enable edge devices to perform complex tasks such as object detection and image enhancement locally, with minimal power consumption and cost. This end-to-end solution integrates seamlessly with popular development environments, serving diverse markets including automotive, drones, smart home appliances, security systems, personal computers, and industrial automation.

Kardome

Seed Round in 2020
Kardome is a technology company founded in 2018 and headquartered in Mazor, Hamerkaz, Israel. It specializes in voice-control technology that enhances speech recognition in noisy environments. By employing a real-time software beamformer, Kardome's solutions improve the clarity of speech signals from multiple speakers, allowing for high-quality sound output without requiring users to raise their voices or be positioned closely to a microphone. The company's offerings include applications for voice-controlled devices, hands-free speakerphones, tablets, cellphones, and conference call systems. Kardome's innovative algorithms enable users to experience seamless voice control, even amidst background noise and competing sounds, making it suitable for various processing environments.

WayCare

Series A in 2019
WayCare Technologies Ltd. is a Tel-Aviv-based company founded in 2016 that specializes in developing a cloud-based software platform aimed at proactive traffic management. The platform utilizes predictive analytics to forecast traffic crashes and congestion up to two hours in advance, allowing municipalities to take informed action. By integrating data from various transportation modes, including connected and autonomous vehicles, WayCare enhances the ability of traffic management systems to optimize road safety and efficiency. The platform not only predicts traffic conditions but also monitors the effectiveness of implemented strategies, providing actionable insights that help traffic center operators reduce accidents and improve overall traffic flow. Through its innovative approach, WayCare is reshaping urban mobility and empowering cities to better manage their roadways.

Moodify

Venture Round in 2019
Moodify Ltd is an innovative company based in Tel Aviv, Israel, that specializes in developing artificial intelligence and machine learning solutions aimed at enhancing emotional and cognitive well-being through scent. Founded in 2017, Moodify harnesses over 15 years of neuroscience research from the Weizmann Institute to create active scents that impact the olfactory sense in a non-invasive manner. The company transforms traditional scent manufacturing processes, making them faster, more scalable, and cost-effective while ensuring compliance with safety standards. By offering products that integrate scents designed to evoke specific emotional responses, Moodify enables brands and fragrance houses to create more effective and sustainable consumer experiences.

Hailo

Series A in 2019
Hailo Technologies Ltd., established in 2017 and headquartered in Tel Aviv, Israel, specializes in developing AI-focused chips for edge device applications. The company's primary product, Hailo-8, is a deep learning processor designed to enable edge devices to perform complex tasks such as object detection and image enhancement locally, with minimal power consumption and cost. This end-to-end solution integrates seamlessly with popular development environments, serving diverse markets including automotive, drones, smart home appliances, security systems, personal computers, and industrial automation.

Foretellix

Series A in 2019
Foretellix Ltd. is a company specializing in the development of a verification framework for Intelligent Autonomous Systems, particularly focusing on Autonomous Vehicles. Established in 2010 and headquartered in Tel Aviv, Israel, Foretellix provides innovative solutions that automate the verification of safety-critical automotive systems. The company has created a platform that enables measurable safety verification, utilizing a coverage-driven methodology that has been successfully applied in the semiconductor industry. This platform facilitates the analysis of safety-related metrics to ensure comprehensive coverage of various driving scenarios, allowing clients to confirm that their vehicles perform safely in critical situations. By addressing the challenges of verifying increasingly complex automated driving systems, Foretellix aims to reduce risks, costs, and time to market for autonomous vehicle deployment.

NoTraffic

Seed Round in 2018
NoTraffic Ltd. is a technology company based in Tel Aviv, Israel, founded in 2016, specializing in a traffic management platform that transforms traditional signalized intersections into smart, interconnected systems. The platform facilitates communication between road users and infrastructure through vehicle-to-infrastructure (V2I) technology, optimizing traffic signal timing to enhance traffic flow, prioritize vehicles, and minimize congestion and accidents. By employing advanced artificial intelligence sensors that integrate machine vision and radar, NoTraffic enables real-time detection and classification of various road users, including buses, cyclists, and pedestrians. With operations spanning over 40 states and strategic partnerships with leading distributors, NoTraffic aims to revolutionize mobility and improve road safety, earning recognition as one of the TIME 100 Most Influential Companies for its significant impact on transportation systems.
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