ThermagiX

Company Overview

Snapshot

Founded in March 2023 by Gil Aginsky and Prof. Guy Ramon, ThermagiX operates with 1–10 employees. The company has raised $1.5M across two funding rounds, with Next Gear Ventures as an investor. In January 2025, ThermagiX received an investment from Next Gear Ventures.

Business overview

ThermagiX is an Energy Tech company focused on waste heat harvesting, developing solutions to convert lost thermal energy into usable energy. The company's core technology aims to capture and utilize low-grade heat, serving industries that generate significant heat waste. ThermagiX operates within the Clean Energy Generation and Energy Production & Sources sectors, addressing the broader Energy Transition and Climate Tech markets.

Strategic signal

In May 2026, ThermagiX completed the 11th cohort of Drive TLV's FastLane program, a significant validation of its deep-tech approach to waste heat harvesting. This signals strong industry recognition and potential for accelerated development and market entry, indicating a positive trajectory for investors interested in sustainable energy solutions.

Company Intelligence Q&A

When was ThermagiX founded?

ThermagiX was founded in March 2023 by Gil Aginsky and Prof. Guy Ramon.

What is ThermagiX's primary focus?

ThermagiX focuses on waste heat harvesting, developing solutions for capturing and utilizing thermal energy that would otherwise be lost.

What significant program did ThermagiX complete in May 2026?

In May 2026, ThermagiX completed the 11th cohort of Drive TLV's FastLane program, which focuses on deep-tech startups.

Which investor participated in ThermagiX's funding round in January 2025?

In January 2025, ThermagiX received an investment from Next Gear Ventures, which was part of a funding round that contributed to the company's total of $1.5M raised across two rounds.

What grant did ThermagiX secure in March 2025?

In March 2025, ThermagiX secured a grant from the Israel Innovation Authority, which was a non-equity funding event.