
Next Gear Ventures
Description
Next Gear Ventures is an Israeli venture capital firm based in Herzliya, specializing in early-stage investments within the smart and sustainable mobility sector. The firm strategically targets startups innovating across key sub-sectors, including autonomous, connected, electric, shared, and active mobility solutions. With a clear focus on the future of transportation, Next Gear Ventures aims to identify and nurture companies that are poised to disrupt and redefine how people and goods move.
The firm manages multiple funds, demonstrating a growing commitment to the mobility ecosystem. Its first fund, Next Gear Fund I, successfully raised $30 million. Building on this foundation, Next Gear Ventures subsequently closed its second fund, Next Gear Fund II, at a substantial $70 million, significantly increasing its capacity to support promising ventures. These funds enable the firm to typically invest in Seed to Series A rounds, providing crucial capital during the formative stages of a startup's lifecycle.
Next Gear Ventures typically deploys initial investments ranging from $500,000 to $2 million. This check size range reflects their commitment to early-stage companies, providing the necessary runway for product development, market validation, and initial scaling. Beyond capital, Next Gear Ventures leverages its deep industry expertise and extensive network to offer strategic guidance, facilitate partnerships, and connect portfolio companies with key players in the global mobility landscape, thereby accelerating their growth and market penetration.
Investor Profile
Next Gear Ventures has backed more than 23 startups, with 4 new investments in the last 12 months alone. The firm has led 3 rounds, about 13% of its total and boasts 3 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series B rounds (top funding stages).
- Majority of deals are located in Israel, United States, United Kingdom.
- Strong thematic focus on Software, Autonomous Vehicles, Manufacturing.
- Led 1 rounds in the past year.
- Typical check size: $500K – $2M.
Stage Focus
- Series A (43%)
- Seed (30%)
- Series B (22%)
- Series C (4%)
Country Focus
- Israel (65%)
- United States (22%)
- United Kingdom (9%)
- France (4%)
Industry Focus
- Software
- Autonomous Vehicles
- Manufacturing
- Automotive
- Artificial Intelligence (Ai)
- Machine Learning
- Navigation
- Cyber Security
- Drones
- Gps
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