Next Gear Ventures

Foretellix is expanding their partnership with NVIDIA! ???? Training and validating autonomous vehicles requires massive amounts of diverse data. Foretellix is evolving to tackle this problem. They have announced the integration of NVIDIA’s Cosmos Transfer with their Foretellix Foretify to enable even more generation of realistic and varied driving scenarios at scale. This means faster, safer, and more efficient AV development! This expansion demonstrates Foretellix’s commitment to continuous improvement as the gold standard for data-driven autonomy development toolchains.

How many times have you had to repeat yourself because voice recognition got it wrong? That’s exactly what Kardome is solving—now, with an exciting new milestone! The NVIDIA DRIVE AGX platform is integrating Kardome’s advanced speech processing technology. Kardome’s highly accurate voice recognition system excels in noisy environments, providing voice isolation and speaker identification for seamless in-car communication. This collaboration is a testament to the power of Kardome’s technology, delivering superior performance, enhanced user experiences, and cost efficiencies in automotive voice recognition. Huge congratulations to Dani Cherkassky and the entire Kardome team for this incredible achievement! ????

The question is, will you be like Esther? On Purim, we celebrate Esther’s courage. When the Jewish people faced an existential threat, she didn’t wait for someone else to act, she stepped up, took ownership, and changed the course of history. The same is true for founders. Ideas are everywhere, but success belongs to those bold enough to execute. Markets shift, industries evolve, and opportunities appear, will you be ready to jump in before someone else does? Taking action isn’t easy, but it’s what separates those who make an impact from those who watch from the sidelines. Happy Purim from the NGV team! ??

The good news keeps coming… TherMagiX, the newest addition to Next Gear Ventures portfolio, has been awarded a grant from the Israel Innovation Authority ???? ???????! ?? A grant from Israel Innovation Authority ???? ???????, Israel’s central agency to manage the country’s governmental support of innovation, represents national backing, credibility and prestige. TherMagiX’s unique technology aims to capture and utilize low-grade waste heat which is often overlooked in industrial processes and convert it to usable power. Their mission is to contribute to a more sustainable energy future by addressing the critical challenge of low-temperature waste heat. This is an exciting development for TherMagiX and we are looking forward to seeing what comes next for them!

We have some amazing news… nT-Tao Compact Fusion Power has been awarded an additional grant from the Israel Innovation Authority ???? ???????! ?? Their compact fusion power technology has the potential to transform the energy landscape to be more sustainable and efficient. An additional grant from the Israel Innovation Authority ???? ??????? demonstrates a renewed national trust to the validity of their technology. Fusion energy has the potential to completely revolutionize the energy landscape as a clean solution that will dramatically increase energy security and efficiency. nT-Tao Compact Fusion Power solution stands out from traditional energy fusion developments as it is a compact, high-power density, scalable solution. We are honored to support Oded Gour-Lavie and the nT-Tao Compact Fusion Power team along the journey and can’t wait to see them go from strength to strength ??

NUGEN has entered the Energy Tech Challengers 2025 competition! Energy Tech Challengers 2025 is a prestigious competition for innovative startups in the energy sector and serves as a platform for startups to accelerate their growth, connect with industry leaders and potential investors and drive impactful change in the energy sector. NUGEN’s powder to power solid state hydrogen technology is tackling the huge challenge of the charging infrastructure adoption that EV adoption faces. Their mission is to see a cleaner and more resilient energy future by enabling high-energy-density and scalable power solutions. This competition will give them the chance to showcase their transformative technology. We can’t wait to follow NUGEN’s progress along the way in this exciting competition as they continue to redefine the future of clean power.

Apollo has announced a new partnership with Roos Fleetservice GmbH!??? This partnership will integrate Apollo flexible, highly efficient, durable and low-cost solar cells with Roos Fleetservice GmbH fleets reducing fleet fuel consumption and operational costs. This collaboration will enable Apollo to enhance their market presence and accelerate their growth objectives in Germany and continue on their mission to harness the power of the sun to create a cleaner, greener planet. We are delighted to continue watching Oded Rozenberg and the Apollo team transform energy as we know it.?

Thermal management is a significant challenge that EV developers must overcome. One successful solution is Immersion cooling. Immersion cooling works by submerging electrical components in a special liquid which dramatically reduces energy consumption up to 50% with some systems reporting up to 99% electricity savings for cooling compared to traditional cooling techniques.? Alongside the development of this transformative technology, the GICA – Global Immersion Cooling Association has been formed. Its mission is to advance and promote the adoption of immersion cooling technologies while creating and maintaining standards and regulations. Carrar, Next Gear Ventures portfolio company, is one of the founding members of this new association and we are so proud of the credibility this affords?to? Carrar's innovative battery systems that integrate thermal management systems for EVs. We look forward to following all the cool(ing) developments! ??

????SaiFlow is joining the 2025 Cyber Cybersecurity Accelerator by Amazon Web Services (AWS), CrowdStrike and NVIDIA! Congratulations to SaiFlow for being one of the 35?start-ups selected to join the 2025 cohort of the Cybersecurity Accelerator by Amazon Web Services (AWS), CrowdStrike and NVIDIA. Check Point Research reports that US utilities experience a nearly 70% increase in cyberattacks from 2023-2024. It is clear that as technology infrastructure develops, the security must follow suit. This accelerator is nurturing the future of AI and cloud security innovation. Through mentorships from leading global chief information security officers, workshops, technical support and go to market guidance the 2025 cohort will be able to elevate their solutions. As part of the accelerator SaiFlow will take their journey in fusing energy and network data for cutting edge cybersecurity solutions, tailored to distributed energy networks and EV charging infrastructure to the next level. We can’t wait to see what’s to come for Ron Tiberg-Shachar and the SaiFlow team!

In 2024, Brazil's EV sales reached a record high of 177,360 units, a 90% increase from 93,930 units in 2023. Despite this growth, many potential EV drivers in Brazil remain hesitant to make the switch. Make My Day’s new partnership and commercial agreement with Ituran Brasil is changing this. This partnership will integrate Make My Day’s application programming interface into Ituran Brasil's existing telematics management system and driver app. This will allow drivers to optimize real time route planning and benefit from smart charging point recommendations therefore reducing range anxiety. With Brazil’s EV market expected to increase by 32.4% in 2025, this partnership marks an exciting expansion for Make My Day. We are proud of Nisan Katz and the Make My Day team for securing this partnership and we look forward to celebrating their continued success! ??