What is Carrar?
Headquartered in Sderot, Israel, Carrar operates at the intersection of deep tech and automotive engineering. The company specializes in disruptive thermal management system (TMS) technology designed specifically for the electric mobility market. Following five years of intensive research and development, Carrar has engineered a compact, cost-effective, and highly efficient cooling architecture that prevents thermal propagation and optimizes energy density. By addressing the fundamental challenges of heat dissipation in high-performance EV batteries, Carrar has established itself as a critical enabler for the next generation of electric vehicles, providing the infrastructure necessary for rapid, reliable, and safe energy transfer.
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 Gentherm, NextGear Capital, NextLeap Ventures, and OurCrowd
Key Investors in Carrar
Gentherm
A global leader in thermal management technologies, Gentherm specializes in heating, cooling, and temperature control applications for the automotive industry, including battery thermal management systems.
NextLeap Ventures
A venture fund focused on early-stage Israeli high-tech startups, NextLeap Ventures provides strategic support and capital to companies developing breakthrough technologies in AI, sustainability, and digital health.
OurCrowd
An Israel-based investment platform that connects accredited investors and institutions with high-growth startups and venture funds, facilitating significant capital flow into the deep tech sector.
What's next for Carrar?
With the support of this major enterprise-level funding, Carrar is poised to scale its operations and deepen its integration within the global EV manufacturing ecosystem. The company's strategic roadmap focuses on commercializing its two-phase cooling solutions to meet the surging demand for high-capacity, fast-charging battery systems. As the automotive industry pivots toward electrification, Carrar's ability to deliver superior thermal performance will likely serve as a key differentiator in competitive markets. Future growth initiatives will likely involve expanding manufacturing capabilities and forging deeper partnerships with Tier-1 automotive suppliers to standardize their cooling technology as a benchmark for safety and efficiency in electric mobility.
See full Carrar company page
