What is Carrar?
Based in Sderot, Israel, Carrar specializes in disruptive thermal management system (TMS) technology designed specifically for the electric mobility market. Following five years of rigorous R&D, the company has developed a compact, cost-effective, and highly efficient cooling solution that ensures uniform temperature distribution at the cell level. This innovation is critical for preventing thermal propagation and maximizing the operational lifespan of EV batteries. By breaking the heat barrier, Carrar is establishing itself as a vital component supplier in the automotive supply chain, enabling safer and more reliable electric vehicle performance.
How much funding has Carrar raised?
Carrar has raised a total of $5.3M across 1 funding round:
Series A
$5.3M
Series A (2024): $5.3M with participation from OurCrowd, Gentherm, NextLeap Ventures, and NextGear Capital
Key Investors in Carrar
OurCrowd
OurCrowd is a prominent investment platform that connects accredited investors and institutions with high-growth startups and venture funds, with a strong focus on the Israeli innovation ecosystem.
Gentherm
Gentherm is a global leader in thermal management technologies, specializing in climate control and temperature regulation solutions for the automotive and medical industries.
NextLeap Ventures
NextLeap Ventures is a specialized venture fund focused on early-stage Israeli high-tech startups, providing strategic support in sectors like artificial intelligence, sustainability, and deep tech.
What's next for Carrar?
With this major enterprise-level funding, Carrar is poised to scale its manufacturing capabilities and expand its footprint within the global automotive sector. The strategic focus will likely center on deepening partnerships with original equipment manufacturers (OEMs) and integrating its cooling technology into next-generation battery architectures. As the demand for ultra-fast charging infrastructure grows, Carrar's ability to maintain optimal thermal conditions will be a key differentiator in the competitive landscape of electric mobility. The company is expected to leverage its recent capital to refine its supply chain and accelerate the commercialization of its proprietary cooling systems, solidifying its role as a leader in deep-tech thermal management.
See full Carrar company page
