Carrar raised $5.3 million in Series A funding led by Salida B.V., OurCrowd, and NextGear to deliver commercial automotive-grade battery modules for electric vehicles with novel internal thermal management based on two-phase immersion technology.
Amount Raised
$5.3 Million
Round Type
Series A
Shaar Ha Negev Regional CouncilManufacturingElectronicsBatteryInvestors
Description
Carrar closed a $5.3 million Series A funding round to further develop and deliver commercial automotive-grade battery modules and thermal management systems for electric vehicles, with a focus on extending battery lifetime and enhancing EV safety.
Quick answer
Carrar raised $5.3 Million in a Series A round, dated April 9, 2024. Investors: Dive Digital, Next Leap Ventures, Gentherm, Next Gear, Our Crowd and Salida B.V. Carrar is based in Shaar Ha Negev Regional Council, South District, Israel.
- How much did Carrar raise?
- Carrar raised $5.3 Million in a Series A round on April 9, 2024.
- Who invested in Carrar?
- Dive Digital, Next Leap Ventures, Gentherm, Next Gear, Our Crowd and Salida B.V. are named as investors in this round.
- What does Carrar do?
- Carrar is a thermal management system (TMS) for EV batteries that keeps batteries at their optimal temperature regardless of heat fluctuations caused by climate, ultrafast charging, or car acceleration.
- Where is Carrar based and how big is it?
- Carrar is based in Shaar Ha Negev Regional Council, South District, Israel.
- Who are the decision-makers at Carrar?
- Fundz holds 1 contact at Carrar. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Electronics and Battery around the same time
Companies in the same sectors as Carrar that raised within 45 days of this round, from Fundz verified event records.
- Chemix raised $20M (Series A) on April 24, 2024.
- Lucid Group raised $1B (Funding Round) on March 25, 2024.
- Elve raised an undisclosed amount (Funding Round) on February 29, 2024.
- Elve raised $15M (Series A) on February 28, 2024.
- Unmanned Defense Systems raised $3.5M (Seed) on May 24, 2024.
- Fix My Curls raised an undisclosed amount (Seed) on May 24, 2024.
Who to call at Carrar, and when
A new round usually means Carrar is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Carrar raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Carrar, from your own LinkedIn network
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Funding Insights
What this usually meansCarrar raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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