Next Gear Ventures

Alcohol-related crashes caused 5,000 fatalities in Europe last year. CorrActions is committed to tackling this critical issue with innovative alcohol detection systems that enhance driver safety and prevent impaired driving incidents. Thier recent support for Euro NCAP’s initiative represents a vital milestone in advancing automotive safety technology. We are proud to be part of a movement that prioritizes the implementation of solutions that can save lives on our roads. To read the full article: https://lnkd.in/dZUE7-D4

Excited to connect with Berlin's investment community, discussing sustainable investing and high-performance strategies. Thank you to our incredible portfolio CEOs: Eyal Shalom from NUGEN, Oded Gour-Lavie from nT-Tao Compact Fusion Power and Moshiel Biton from Addionics for sharing your candid insights and experience. NGV is making waves in the energy transition investment landscape, stay tuned for our next investor event!

🎉 We are thrilled to announce that Kardome has secured $10 million in Series A funding to advance their Spatial Hearing AI technology. This round was led by Korea Investment Partners, with significant support from Next Gear Ventures, Hyundai Motor Company (현대자동차) and other notable VCs. Kardome is at the forefront of transforming voice interaction experiences by enhancing speech recognition accuracy in challenging environments. Their innovative technology intelligently manages auditory focus, making digital communication more seamless and efficient. With plans to establish a new headquarters in Seoul, this milestone supports Kardome’s mission to revolutionize human-machine interaction with responsive, context-aware voice technology. Congratulations to Dani Cherkassky and the entire Kardome team on this remarkable achievement! https://lnkd.in/dcebCBYM

🌟 UVeye was recognized by TIME for its groundbreaking vehicle inspection systems and promoting safer roads worldwide. 🌟 UVeye is transforming the automotive industry with its cutting-edge inspection technology, which enhances safety, efficiency, and reliability. Utilizing AI-powered systems, UVeye’s technology swiftly identifies potential issues in vehicles, offering unparalleled precision and speed. Congratulations to the UVeye team for their outstanding achievements! https://lnkd.in/di9ksS7P

What if the key to sustainable cities lies in the power of compact fusion? nT-Tao explores this groundbreaking concept in their latest blog post. Explore how fusion energy can transform urban environments, offering a sustainable power source for the cities of tomorrow. The article delves into the challenges and opportunities that lie ahead, showcasing the powerful synergy between fusion technology and smart city infrastructure. nT-Tao Compact Fusion Power 🔗 Read it here: https://lnkd.in/eA8H8dyw

We are excited to share that Lidwave has raised $10 million to advance their innovative on-chip 4D LiDAR technology. Over the last decade, we've seen remarkable advancements in sensor technology. However, the challenge has always been finding sensor configurations that balance cost, quality, and reliability. Lidwave's novel technology addresses these challenges, offering breakthroughs that deliver exactly what the maturing market has been waiting for. This funding will empower Lidwave to enhance their solutions, helping industries like autonomous vehicles and robotics achieve greater precision and efficiency. Congratulations to Yehuda Vidal and the Lidwave team! https://lnkd.in/dGiDsEn5

🚦 Transforming Traffic Management in Texas! 🚦 We are excited to announce that our portfolio company, NoTraffic, has received TxDOT approval for its innovative Radar Vehicle Detection System. This marks a significant step forward in addressing the growing traffic challenges in Texas, where the number of registered vehicles has surged by 172% over the past four decades. This expansion has already seen a 200% increase in intersections equipped with NoTraffic’s platform in 2024, directly benefiting communities across the state. Congratulations to Tal Kreisler and the NoTraffic team for this impressive achievement! We are proud to support you as you lead Texas toward a smarter and more sustainable future in urban mobility. For the full press release, click here: Read More 👇 https://lnkd.in/gkD_ypUd

👏Thrilled to shout out Bib batteries, the latest addition to the NGV portfolio, for securing €2.2 million in seed funding to enhance battery lifespan! 🔋 With batteries comprising 40% of a vehicle's cost and producing 3 to 10 tons of CO2 equivalent, efficient battery management is key. Bib is dedicated to extending battery lifecycles, from initial use in electric vehicles to their second life. Kudos to Martin Vaz, Pierre-Amans Lapeyre, and their inspiring team, who are driven to become European leaders in battery circularity!

Thrilled to share that NoTraffic has formed a strategic partnership with TAPCO (Traffic and Parking Control Co.) the leader in AI-powered mobility solutions! This collaboration will bring advanced traffic management solutions to communities in the Midwest, starting with installations in Illinois, Wisconsin, and Indiana. NoTraffic’s innovative AI platform enables real-time traffic signal adjustments based on current conditions, helping reduce congestion, improve traffic flow, and enhance safety for all road users – including pedestrians and micromobility users. Together, TAPCO and NoTraffic are set to revolutionize urban mobility and optimize roadway safety, creating smarter, more efficient traffic systems that cater to the diverse needs of modern transportation. https://lnkd.in/gERamzm6

🥂 Exciting news for infiniDome, an NGV portfolio company, as they secure a major deal in Western Europe for their resilient navigation solutions! This marks the third purchase from a key customer, highlighting growing demand for infiniDome's advanced GNSS protection technology. With over 1,000 units ordered, infiniDome solidifies its position as a global leader in navigation protection amidst rising GPS threats. Their innovative anti-jamming solutions, including the GPSdome and the Resilient Navigation System with Honeywell Aerospace, are essential for reliable operations in both military and civilian environments. Congratulations to Omer Sharar and the infiniDome team on this remarkable achievement! https://lnkd.in/ewquA_aQ