Next47

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].