Next47 is an independent global venture capital firm founded by Siemens in 2016 and based in Palo Alto. With more than €2 billion in assets under management, the firm invests in early and expansion-stage enterprise companies driving industrial and digital transformation. Operating as one global fund, Next47 combines Siemens engineering expertise with a venture capital approach that blends strategic insight and agile decision making. The firm maintains offices across Silicon Valley, Europe, and Israel, and supports founders who are building products that power critical industries.
Next47’s investment approach centers on three themes: systems, infrastructure, and applications. Within systems, the firm backs ventures that integrate hardware, software, and intelligent analytics to modernize manufacturing, energy, and mobility. Infrastructure investments cover tools for application development, model deployment, data security, and privacy. In applications, the focus shifts to automating workflows, advanced analytics, and personalized user experiences. The firm seeks companies leveraging digitalization, AI, and IoT to improve productivity, efficiency, and sustainability in sectors such as industrial automation, smart infrastructure, healthcare, and energy systems.
Next47 has a notable presence in clean technology and energy storage. The firm led funding for 75F, whose IoT-enabled, AI-driven building automation platform delivers measurable energy savings and lowers carbon emissions in commercial real estate. It also backed Sila Nanotechnologies, which develops advanced silicon-based anode materials to replace graphite in lithium-ion batteries. These materials boost energy density and extend cycle life for portable electronics, electric vehicles, and grid-scale storage. Through these investments, Next47 supports solutions that address climate goals and drive sustainable outcomes across industries.
