Next Gear Ventures (NGV) Fund I

www.nextgear.fund

Venture Capital Fund

Fully invested

Tech Verticals Preferences

Artificial Intelligence, Automotive, Deep Tech, Defense Tech, Energy Tech, Hardware, Industrial Technologies, IoT, Military, Mobility Tech, Semiconductors, Smart City, Software Technologies, Sustainability, Wireless Infrastructure

General Data

Management Company:	Next Gear Ventures (NGV)
Vintage Year	2018
Current Active Portfolio Companies:	18
Reg. Number:	abCDe

DESCRIPTION

Next Gear Ventures is a tech fund focusing on early-stage entrepreneurs who leverage AI, digitization, and automation to accelerate the energy transition and foster a sustainable future.

Related Funds

Fund Name	Fund Capital($m)	Status	Remarks
Next Gear Ventures II	abCDe	Final Closing

CONTACT INFO

Expand / Collapse All

Main Address: Tel Aviv, Israel

Address	7 Shevah St.
City	Tel Aviv
Country	Israel
Zip	6777937

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Yoav Waizer	Partner & CFO	Cedar Ventures (CFO)

	CAPITAL RAISED

Date

Amount

Jan. 01, 2018

abCDe

Limited Partners	Type	Amount	Remarks
abC Defghij*	Corporate VC	abCDe
abC Defghij	Professional Services Company	abCDe
abC Defghij	High-Tech Company	abCDe
abC Defghij	Retail	abCDe
abC Defghij	Traditional Industry	abCDe

Investment Data

Managed Capital	abCDe

Preferences

Type of Financing	Equity
Stage Preferences	R&D,Seed

SECTOR SEGMENTATION (By Number Of Companies)

Enterprise Software & Infrastructure

27%

Hardware & Industrial

22%

Network Infrastructure

17%

Semiconductors

17%

Energy

11%

Consumer-Oriented Software

	PORTFOLIO COMPANIES

Current Portfolio Companies (18)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

Actasys

HW & Indust.

First Round - Extended	21/12/2023	N/A	N/A
First Round	29/12/2022	N/A	$3m
Seed	02/12/2020	N/A	$5m

Addionics

Energy

Second Round	25/07/2024	N/A	$39m
First Round	15/12/2021	N/A	$27m
Seed - Extended	01/04/2020	N/A	$3.5m
Seed	01/09/2018	N/A	$1m

Apollo Power

Energy

PIPE

15/10/2017

N/A

$2.7m

Deeyook

Network Infra.

Seed

01/06/2019

N/A

Enroute

Ent. SW

Seed

01/01/2018

N/A

$0.6m

Foretellix

Ent. SW

Third Round - Extended	05/12/2023	N/A	$42m
Third Round	02/05/2023	N/A	$43m
Second Round	31/08/2021	N/A	$32m
First Round	16/01/2019	N/A	$15m
Seed	01/02/2018	N/A	$2m

Hailo

Semicon.

Third Round	23/06/2021	N/A	$136m
Second Round	05/03/2020	N/A	$60m
First Round - Extended	22/01/2019	N/A	$8.5m
First Round	05/06/2018	N/A	$12.5m

infiniDome

Network Infra.

First Round - Extended	15/10/2024	N/A	N/A
First Round	24/04/2023	N/A	$8m
Seed - Extended	12/04/2022	N/A	N/A
Seed - Extended	05/04/2021	N/A	$2.4m
Seed - Extended	11/06/2020	N/A	$1.6m

Kardome

Ent. SW

First Round	28/10/2024	N/A	$10m
Seed	01/08/2019	N/A	N/A

Lidwave

Semicon.

Seed - Extended	15/10/2024	N/A	$10m
Seed	04/01/2021	N/A	N/A

Magnus Metal

HW & Indust.

Second Round - Extended	18/04/2024	N/A	$19m
Second Round	21/09/2023	N/A	$55m
First Round	01/07/2019	$0.15m	$4m
Seed	15/04/2018	N/A	$4.9m

Make My Day

CO SW

First Round

16/11/2021

N/A

$4.3m

Moodify

Ent. SW

First Round	01/09/2021	N/A	$8m
Seed - Extended	10/09/2019	N/A	$2m

Nemodata

Ent. SW

Seed - Extended	01/06/2024	N/A	N/A
Seed - Extended	01/06/2023	N/A	N/A
Seed	16/11/2021	N/A	$3.7m

NoTraffic

Network Infra.

Third Round	24/03/2026	N/A	$90m
Second Round	27/06/2023	N/A	$45m
First Round	18/04/2021	N/A	$17.5m
Seed	01/09/2018	N/A	$8m

Ottopia

HW & Indust.

First Round - Extended	10/01/2023	N/A	$14.5m
First Round	01/10/2020	N/A	$7m
Seed	21/12/2018	N/A	$3m

TriEye

Semicon.

Second Round	10/11/2021	N/A	$74m
Seed - Extended	01/01/2018	N/A	N/A

UVEye

HW & Indust.

Fourth Round - Extended	29/01/2025	N/A	$41m
Fourth Round	09/05/2023	N/A	$77m
Third Round	06/05/2021	N/A	$60m
Second Round	19/01/2021	N/A	$15m
First Round	15/07/2019	N/A	$31m

Exits (8)

Company Name	Exit Type	Date Announced	Amount	Remarks
abC Defghij	IPO	07/10/2021	abCDe	SPAC deal with Industrial Tech Acquisitions, Inc. (ITAC)
abC Defghij	Acquired	13/08/2024	abCDe
abC Defghij	Acquired	06/09/2022	abCDe
abC Defghij	Acquired	11/12/2017	abCDe
abC Defghij	Acquired	17/11/2021	abCDe
abC Defghij	Acquired	20/07/2021	abCDe
abC Defghij	Acquired	12/08/2021	abCDe
abC Defghij	Acquired	09/08/2021	abCDe	In cash and stock, expected to close in Oct 2021.

Historic Portfolio (3)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

RFISee

Ceased to Operate

Semicon.

First Round

25/04/2017

N/A

$1m

Sensa

Ceased to Operate

Ent. SW

First Round	10/06/2019	N/A	$5m
Seed - Extended	01/04/2018	N/A	$2.2m
Seed	01/12/2017	N/A	$0.6m

Spectralics

Ceased to Operate

Semicon.

First Round

04/05/2021

N/A

$2m

Last Updated:	abCDe
IVC Number:	abCDe