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 & Managing Partner

Tali Rosenwaks

Partner

Omer Shachar

Managing Partner

Past deals in MENA

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 has created the first, truly sustainable, Vehicle as a Service layer, providing an elastic supply of vehicles serving any source of demand. Autofleet has partners with rental companies, car sharing platforms, public transportation operators, OEMs, utility companies, and more to plan and analyze future deployments, optimize existing operations, and launch new on-demand mobility business models. The platform uses advanced machine learning algorithms for demand prediction, dynamic pricing, automated in/de fleeting and optimizing demand-supply matching in real time.

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's vision is to provide the first automotive-grade teleoperation platform. Ottopia's proprietary platform enables humans to control any type of vehicle from remote, in a manner that is safe and cyber-secure. Ottopia is the only teleoperation company that researches, develops, tests and provides all critical technologies to provide a reliable teleoperation platform.

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 developing the world’s first 4D imaging-radar-on-1-chip, providing the next generation ears and eyes for autonomous vehicles, drones, robots etc. The high resolution low cost radar sensor will generate real-time 3D location and velocity map of cars’ surrounding objects, enabling a mass market of safer cars and even auto-driver that will massively disrupt the transportation industry with new modes and business models that will have a far reaching impact on society. The autonomous cars market is an emerging market with exponential growth. Radars will be the key technology for autonomous market, as it is highly robust working in all weather, light condition and dirt conditions (this is why military and defense application usually chooses radar).

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 has created the first, truly sustainable, Vehicle as a Service layer, providing an elastic supply of vehicles serving any source of demand. Autofleet has partners with rental companies, car sharing platforms, public transportation operators, OEMs, utility companies, and more to plan and analyze future deployments, optimize existing operations, and launch new on-demand mobility business models. The platform uses advanced machine learning algorithms for demand prediction, dynamic pricing, automated in/de fleeting and optimizing demand-supply matching in real time.

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 Ai, based in Tel Aviv, Israel, specializes in developing deep learning processors for edge devices. Founded in 2017, the company offers products such as the Hailo-8 microprocessor and Hailo SDK, which empower devices to perform complex computations locally rather than relying on remote data centers. This innovation facilitates real-time processing while minimizing power consumption, size, and costs. Hailo's technology serves a variety of markets, including vehicles, drones, and smart home appliances, enabling these devices to handle deep learning applications efficiently. With a focus on advancing artificial intelligence capabilities at the edge, Hailo aims to transform how intelligent devices operate, leveraging a novel approach to computer architecture that enhances the performance of deep neural networks.

Kardome

Seed Round in 2020
Kardome Technology Ltd. develops a real-time software suite designed to enhance speech signals from multiple speakers. Founded in 2018 and based in Mazor, Israel, the company utilizes a real-time software beamformer that improves sound quality without requiring users to shout or position their mouths close to a microphone. Kardome's technology is applicable in various environments, including voice-controlled devices, hands-free speakerphones, tablets, cellphones, and conference call systems. The innovative solutions provided by Kardome aim to facilitate clearer communication in diverse audio 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.

Hailo

Series A in 2019
Hailo Ai, based in Tel Aviv, Israel, specializes in developing deep learning processors for edge devices. Founded in 2017, the company offers products such as the Hailo-8 microprocessor and Hailo SDK, which empower devices to perform complex computations locally rather than relying on remote data centers. This innovation facilitates real-time processing while minimizing power consumption, size, and costs. Hailo's technology serves a variety of markets, including vehicles, drones, and smart home appliances, enabling these devices to handle deep learning applications efficiently. With a focus on advancing artificial intelligence capabilities at the edge, Hailo aims to transform how intelligent devices operate, leveraging a novel approach to computer architecture that enhances the performance of deep neural networks.

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.