CVC/FOF  Next47

https://next47.com





     Office Locations:

537 Hamilton Ave., 2nd Floor
Palo Alto, CA 94301
Phone: 650-463-1700
Fax: 408-492-3614

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Stages:

  • Early
  • Expansion
  • Growth


 

Industries:

  • Communications & Networking
  • Energy & Clean Tech
  • Information Technology
  • Life Sciences & Healthcare
  • Manufacturing & Industrial

  •  

    Description:

    Formerly Siemens Venture Capital, next47 is a global venture firm created by Siemens. The unit's name, 'next47,' plays on the fact that Siemens was founded in 1847. At next47, the company will pool its existing startup activities. The new unit will have funding of EURO1 billion for the first five years. Siegfried Russwurm, Siemens Chief Technology Officer, will head the new unit on an acting basis. With offices in Boston, Beijing, London, Munich, Palo Alto and Shanghai, next47 gives start-ups unparalleled access to one of the world's largest portfolios of customers in the areas of industry, energy and infrastructure as well as domain expertise in the deep technologies that impact those customers.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or Silicon Valley Database subscription.
    Angela Noon Partner & CFO
    Anupendra Sharma Investment Partner
    Assaf Shamia Investment Principal
    Doris Blasel Managing Partner
    Dr. Andrew Jay Investment Partner

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      08/02/2018


      rideOS


      CA


      $25,000,000


      Series B


      06/11/2018


      Claroty


      NY


      $60,000,000


      Series B


      04/03/2018


      DeepScale


      CA


      $15,000,000


      Series A


      11/01/2017


      Markforged


      MA


      $30,000,000


      Series C


      10/19/2017


      Veo Robotics


      MA


      $12,000,000


      Series A


     

    Portfolio companies include:


      Adarza BioSystems
        web link


      Augmate
        web link


      Aventura
        web link


      Band of Angels (Fund of Funds Investment)
        web link


      Bonsai
        web link


      BuildingIQ
        web link


      Carmel Ventures (Fund of Funds Investment)
        web link


      ChargePoint
        web link


      Claroty
        web link


      CounterTack
        web link


      Cylex
        web link


      DeepScale
        web link


      Digital Guardian
        web link


      Edison Venture Fund (Fund of Funds Investment)
        web link


      Electric Cloud
        web link


      EnOcean
        web link


      Galen Partners (Fund of Funds Investment)
        web link


      GENBAND
        web link


      Lightspeed Venture Partners (Fund of Funds Investment)
        web link


      LogRhythm
        web link


      Markforged
        web link


      Masdar Clean Tech Fund (Fund of Funds Investment)
        web link


      MedVenture Associates (Fund of Funds Investment)
        web link


      Mission Ventures (Fund of Funds Investment)
        web link


      NAV.VC
        web link


      NGEN Partners (Fund of Funds Investment)
        web link


      Polarion
        web link


      Power Plus Communications
        web link


      Powerit Solutions
        web link


      rideOS
        web link


      Riffyn
        web link


      Semprius
        web link


      Sensor Dynamics
        web link


      Sensys Networks
        web link


      Seventh Sense Biosystems
        web link


      SmartSynch
        web link


      Sunverge Energy
        web link


      Tendril
        web link


      Transparent Energy Systems
        web link


      Veo Robotics
        web link


      Viewray
        web link


      Wirescan
        web link


      Zolo Technologies
        web link


     

    Recent News:


      There is no recent news for Next47.