Next47

This venture capital firm invests in enterprise-focused businesses, leveraging its global footprint and Siemens' ecosystem to drive growth and potential in s...

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Updated: Jan 22, 2026 ·

About

Next47 is a $1.2 billion independent, global venture firm backed by Siemens AG. We specialize in enterprise-focused businesses, make fast decisions and share deep conviction with the teams we invest in. We have the resources and the motivation to unleash maximum potential in every startup we work with. We leverage our own global footprint as wellas the Siemens ecosystem that spans a broad set of industries across hundreds of countries and regions worldwide.

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Oct 1, 2025	Andel	$5.0M Seed	—	Andreessen Horowitz, Hoxton Ventures, S28 Capital, Seedcamp, Y Combinator, Jonathan Siegel, Michael Stoppelman, Nitay Joffe, Ott Kaukver, Shane Curran
Oct 1, 2025	Arcjet	$9.0M Series A	—	Andreessen Horowitz, Hoxton Ventures, S28 Capital, Seedcamp, Shield Capital, Speedinvest, Y Combinator, Jonathan Siegel, Michael Stoppelman, Nitay Joffe, Ott Kaukver, Shane Curran
Oct 1, 2025	Keycard	$8.0M Seed	—	Acrew Capital, Andreessen Horowitz, Boldstart Ventures, Hoxton Ventures, S28 Capital, Seedcamp, Y Combinator, Jonathan Siegel, Matias Woloski, Michael Stoppelman, Nitay Joffe, Ott Kaukver, Ryan Carlson, Shane Curran
Sep 1, 2025	Sidekick	$500K Seed	—	Andreessen Horowitz, Hoxton Ventures, S28 Capital, Seedcamp, Y Combinator, Jonathan Siegel, Michael Stoppelman, Nitay Joffe, Ott Kaukver, Shane Curran
Sep 1, 2025	Luminary Cloud	$72.0M Series B	—	Sutter Hill Ventures
Sep 1, 2025	Alpic	$6.0M Seed	—	Hanabi Capital, Insight Partners, LGF, Motier Ventures, Partech Ventures, Mandeep Singh, Mike Krieger, Vinay Hiremath
Aug 1, 2025	Profound	$35.0M Series B	—	8VC, BoxGroup, Contrary Capital, DCM, Founders Fund, G2VP, General Catalyst, Giant Ventures, Insight Partners, IVP, Khosla Ventures, Kleiner Perkins, Lux Capital, Outlander Labs, Pareto Holdings, Pelion Venture Partners, Quiet Capital, Renegade Partners, Saga, Scale Venture Partners, Sequoia Capital, SNR, Susquehanna Capital, Thrive Capital, TPG, Abe Burns, Balaji Srinivasan, Bradley Horowitz, Chafic Kazoun, Karim Atiyeh, Sam Altman, Sam Nazarian, Scott Belsky, Teddy Citrin, Tom Steyer, Vivek Patel
Aug 1, 2025	Aurasell	$30.0M Seed	—	DGF Investimentos, General Catalyst, Latitud, Lead Edge Capital, monashees, Sapphire Ventures, Soma Capital, Y Combinator, Immad Akhund, Parker Treacy
Aug 1, 2025	Tahoe Therapeutics	$30.0M Series A	—	Amplify Partners, Cisco Investments, Eclipse Ventures, Felicis Ventures, First Round Capital, Founder Collective, General Catalyst, Harmonix Fund, M12, Meritech Capital Partners, Montage Ventures, Msd Capital, Yousuf Khan, Wing Venture Capital, Ayman AlAbdallah, Mike Vernal
Jul 1, 2025	Varda	$190.0M Series C	—	01 Advisors, 11k Ventures, 8VC, Abstract Ventures, Afore Capital, Also Capital, Alumni Ventures, Andreessen Horowitz, Anorak Ventures, Ballistic Ventures, Bedrock Capital, Caffeinated Capital, Champion Hill Labs, Cubit Capital, Daft Capital, DCM, Drive Capital, E1 Ventures, Floodgate, Founders Fund, General Catalyst, Goat Capital, Khosla Ventures, LGF, Lux Capital, Marlinspike, Outliers Fund, Paradox Capital, Prime Movers Lab, Rabben Hood Ventures, Saga, Sequoia Capital, Stellar Capital, The Hit Forge, Virginia Venture Partners, XYZ Venture Capital, Y Combinator, Austin Ogilvie, Emil Lee, Fanny Surjana, Gokul Rajaram, Joao Otavio Oliverio, Joshua Reeves, Justin Mateen, Louis Beryl, Mark Cuban, Mattia Astori, Mircea Pasoi, Natasha Ahmed, Richard Cooperstein, Sahin Boydas, Sohila Zadran, Sri Batchu, Stephen Romanoff, Thomas Tull, Vineet Jain, Vivek Patel, William Miller, Zachary Hargreaves
Jul 1, 2025	AirGarage	$23.0M Series B	—	Abstract Ventures, Andreessen Horowitz, DCM, Felicis Ventures, Floodgate, Forerunner Ventures, Founders Fund, General Catalyst, Khosla Ventures, Lux Capital, Maniv Mobility, Scribble Ventures, Sequoia Capital, Seven Seven Six, Thrive Capital, Toyota Ventures, Two Sigma Ventures, Uncork Capital, Austin Ogilvie, Chris Bennett, Dylan Field, Jacob Kerzner, Justin Mateen, Prescott Watson, Sri Batchu
Jul 1, 2025	Intuigence AI	$10.0M Seed	—	BMW i Ventures, Innovation Endeavors, Intel Capital
Jul 1, 2025	Virtru	$50.0M Series D	—	Aster Capital, Bessemer Venture Partners, Clearvision Ventures, Hitachi Ventures, MoreVC, Red Dot Capital Partners, Team8, Tekfen Ventures, Yuval Shahar
Jun 1, 2025	Linear	$82.0M Series C	—	01 Advisors, 1984 Ventures, 20VC, Accel, AirAngels, Alumni Ventures, Andreessen Horowitz, Coinbase Ventures, FJ Labs, Haun Ventures, Jude Gomila Rolling Fund, LGF, Liquid 2 Ventures, Meritech Capital Partners, NEO, Hans Tung, Sequoia Capital, Tusk Venture Partners, Y Combinator, Akash Garg, Amjad Masad, Aston Motes, Bobby Goodlatte, Charlie Cheever, Christina Cacioppo, Claire Hughes Johnson, Dylan Field, Immad Akhund, Jeff Chang, Julia DeWahl, Koen Bok, Lauren Loktev, Marc McCabe, Robert Gentz, Ron Pragides, Ryan Sarver, Ryan Tedder, Stewart Butterfield, Tikhon Bernstam
Jun 1, 2025	Gecko Robotics	$130.0M Series D	—	Acrew Capital, Betaworks Ventures, DCM, Founders Fund, General Catalyst, Lobby Capital, Lux Capital, Prime Movers Lab, Sequoia Capital, Seven Seven Six, True Ventures, Yes VC, Alex Pattis, Curtis Lee, Varsha Rao
Jun 1, 2025	Helsing	$690.0M Series D	—	Balderton Capital, Cherry Ventures, DCM, EQT Ventures, Founders Fund, General Catalyst, Lux Capital, OTB Ventures, Sequoia Capital, Vsquared Ventures, Christian Reber, Khaled Helioui, Niklas Jansen
Jun 1, 2025	Nominal	$75.0M Series B	—	01 Advisors, 11k Ventures, 8VC, Kevin Hartz, Afore Capital, Andreessen Horowitz, Anorak Ventures, Bedrock Capital, Champion Hill Labs, DCM, E1 Ventures, Founders Fund, General Catalyst, Roni Hiranand, LGF, Lux Capital, Marlinspike, Obvious Ventures, Rabben Hood Ventures, Sequoia Capital, Sixth Street, Starship Ventures, XYZ Venture Capital, Fanny Surjana, Jeff Seibert, Mattia Astori, Mircea Pasoi, Richard Burton, Richard Cooperstein, Stephen Romanoff, Thomas Tull, Tony Xu, William Miller
Jun 1, 2025	Mercanis	$20.0M Series A	—	Creandum, Lakestar, Partech Ventures, Plug & Play Ventures, Victor Jacobsson
Jun 1, 2025	Wispr Flow	$30.0M Series A	—	8VC, Accel, Afore Capital, Alumni Ventures, Endeavor Health Ventures, Gradient Ventures, Liquid 2 Ventures, Modern Venture Partners, Jeff Immelt, New Enterprise Associates, Ameet Patel, Amit Agarwal, Louis Lehot
May 1, 2025	Rillet	$25.0M Series A	—	Kevin Hartz, Andreessen Horowitz, Congruent Ventures, Creandum, DGF Investimentos, FasterCapital, First Round Capital, General Catalyst, Goat Capital, ICONIQ Capital, Latitud, Lead Edge Capital, LGF, Mischief Venture Capital, monashees, Operator Collective, Sapphire Ventures, Sequoia Capital, Soma Capital, Susa Ventures, XYZ Venture Capital, Y Combinator, Bill Gates, Cristina Cordova, Gordon Wintrob, Hanno Renner, Immad Akhund, Max Mullen, Mike Vernal, Parker Treacy, Peter Reinhardt, Roland Grenke, Scott Belsky, Zack Kanter
May 1, 2025	Adyton PBC	$11.0M Venture Round	—	01 Advisors, 1984 Ventures, Alumni Ventures, Hoxton Ventures, Khosla Ventures, Liquid 2 Ventures, Meritech Capital Partners, Underscore VC, John M. Mueller
May 1, 2025	Duna	$12.0M Seed	—	10100, AI4ALL, Axiom Partners, Conviction Partners, Draper Associates, E1 Ventures, First Round Capital, FORWARD.one, Gradient Ventures, Graduate Entrepreneur, Index Ventures, Madrona Ventures, Jonathan Golden, Kazuma Ieiri, OpenCapital.vc, Operator Collective, Radical Ventures, Runa Capital, Stash Ventures, Summit Partners, Y Combinator, Akshay Kothari, Alexandre Prot, Amjad Masad, Bastian Nominacher, Claire Hughes Johnson, Dharmesh Shah, Gloria Baeuerlein, Guillaume Princen, Hanno Renner, Jared Leto, Jean Charles Samuelian, Job Van Der Voort, Mathilde Collin, Michael Wax, Oliver Cameron, Sergei Anikin, Steve Anavi
May 1, 2025	Theom	$20.0M Series A	—	A Capital, Cisco Investments, General Catalyst, Lightspeed Venture Partners, M12, Polaris Partners, Ridge Ventures, SV Angel, Wing Venture Capital, Apoorva Ruparel, DJ Patil, Gerhard Eschelbeck, Kunal Shah, Oliver Friedrichs
Apr 1, 2025	Larridin	$17.0M Series A	—	8VC, Kevin Hartz, Alumni Ventures, Andreessen Horowitz, BITKRAFT Ventures, Coatue, Convective Capital, Coughdrop Capital, CRV, Daft Capital, Flex Capital, Founders Fund, Goat Capital, Gradient Ventures, Infinite Niches, Invariantes Fund, Jetstream, Liquid 2 Ventures, MS&AD Ventures, Otherwise Fund, Pareto Holdings, Pioneer Fund, Sapphire Ventures, Sequoia Capital, The Hit Forge, Thirty Five Ventures, Todd and Rahul's Angel Fund, Tribe Capital, Y Combinator, YOBE Ventures, Ameet Patel, Amit Agarwal, Andre Iguodala, Bradley Horowitz, Jonathan Swanson, Joshua Reeves, Joshua Webster, Louis Lehot, Ryan Shea, Sahin Boydas, Scott Belsky, Suhail Doshi
Apr 1, 2025	LiveKit	$45.0M Series B	—	Hanabi Capital, Insight Partners, LGF, Mandeep Singh, Mike Krieger, Vinay Hiremath

Financial History

Total Raised

N/A

Valuation

N/A

Deep Dive

Next47 is a global venture capital firm founded in 2016 as the corporate venture arm of Siemens, focused on investing in early-stage enterprise technology startups across North America, Europe, and Israel. Its mission is to collaborate with visionary enterprise founders to develop groundbreaking products, particularly in SaaS, IT infrastructure, and industrial technology sectors such as manufacturing, construction, energy, transportation, logistics, and supply chain. Leveraging Siemens' extensive global ecosystem and its own deep industry expertise, Next47 supports startups through growth challenges and market entry, aiming to foster innovation and shape the future of technology-driven enterprises[1][2].

The firm was established with a dual focus: to pursue financial returns while providing portfolio companies with access to Siemens' customer base and resources without imposing strategic constraints. This approach marked a shift from traditional corporate venture capital models to a financially disciplined, founder-centric investment philosophy. Headquartered in Palo Alto with offices in Berlin, Munich, London, Tel Aviv, and Paris, Next47 evolved by restructuring its team and culture to compete effectively with top-tier Silicon Valley venture firms, emphasizing hands-on operational support alongside investment[2][3][5].

Core Differentiators

Unique Investment Model: Next47 operates with a dual-team structure balancing investment rigor and go-to-market execution, prioritizing financial returns over strategic alignment to maintain independence and agility[3].
Network Strength: It leverages Siemens' global footprint and customer ecosystem to provide portfolio companies with unparalleled market access and industry insights without corporate control constraints[1][3].
Track Record: The firm has led over 40 investments with notable exits in sectors like mobility, energy, and automation, demonstrating strong value creation and competitive deal sourcing against elite venture firms[1][3].
Operating Support: Next47 emphasizes an operator-first philosophy, offering hands-on support to startups navigating growth complexities and market entry challenges[1][3].

Role in the Broader Tech Landscape

Next47 rides the wave of digital transformation and industrial innovation, focusing on enterprise and industrial tech sectors that are undergoing rapid modernization through software and automation. The timing is critical as industries increasingly adopt SaaS, AI, and IoT solutions to enhance efficiency and competitiveness. By bridging startup innovation with Siemens' industrial expertise and global reach, Next47 influences the broader ecosystem by accelerating the commercialization of frontier technologies and enabling startups to scale globally with corporate backing yet entrepreneurial freedom[1][3].

Quick Take & Future Outlook

Looking ahead, Next47 is poised to deepen its impact by continuing to invest in emerging enterprise and industrial technologies that align with global trends such as AI, automation, and sustainability. Its model of combining financial discipline with founder-centric support and corporate ecosystem access positions it well to remain a leading player in corporate venture capital. As industries evolve, Next47’s influence may expand by fostering more cross-sector innovation and helping startups navigate increasingly complex global markets, reinforcing its role as a catalyst for enterprise technology growth[3][5].

Sources

Core Differentiators

Unique Investment Model: Next47 operates with a dual-team structure balancing investment rigor and go-to-market execution, prioritizing financial returns over strategic alignment to maintain independence and agility[3].
Network Strength: It leverages Siemens' global footprint and customer ecosystem to provide portfolio companies with unparalleled market access and industry insights without corporate control constraints[1][3].
Track Record: The firm has led over 40 investments with notable exits in sectors like mobility, energy, and automation, demonstrating strong value creation and competitive deal sourcing against elite venture firms[1][3].
Operating Support: Next47 emphasizes an operator-first philosophy, offering hands-on support to startups navigating growth complexities and market entry challenges[1][3].

Next47

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