Next47 is the global venture capital arm of Siemens, established on October 1, 2016, to foster disruptive ideas and accelerate the development of new technologies. The name 'Next47' honors Siemens' founding year, 1847, symbolizing a bridge between the company's rich industrial heritage and its future-oriented outlook. ( Operating with a funding of €1 billion for the first five years, Next47 has offices in Munich, Germany; Palo Alto, California; London, United Kingdom; Beijing, China; and Tel Aviv, Israel.

The firm focuses on investing in early and expansion-stage companies, particularly in the fields of Systems, Infrastructure, and Applications. Their portfolio includes companies like Aeva, ChargePoint, and Markforged. ( Next47's investment philosophy emphasizes strategic relevance, technological excellence, and scalability, aiming to support startups that can create significant value in industrial settings.