Next47 News
6 articles
growth-positive
"סכומי הצקים שלנו רק עולים": הקרן שהשקיעה 400 מיליון דולר בסטארט־אפים ישראליים
Avidbots, a company that manufactures autonomous robotic cleaning systems, has raised $1.2 billion in funding from Siemens. The funding will help Avidbots expand its operations and leverage Siemens connections to maximize its potential. Avidbots robots are capable of autonomously cleaning human-populated areas without colliding with people or objects. The companys robots are currently being used at Ben Gurion Airport in Israel. The partnership with Siemens will also provide Avidbots with valuable feedback on the sales process and customer perception. The funding will support Avidbots growth and allow it to recruit new positions.
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growth-positive
Siemens' Venture Arm Next47 Opens Israeli Office
Siemens AGs investment arm, Next47, has opened an office in Herzliya, Israel and appointed Moshe Zilberstein as the director of its Israel activity. Next47 focuses on late-stage B2B companies and has $1.2 billion under management. The company has previously invested in four Israeli companies and 20 global companies. Israel is an important part of Next47s activity.
Investment
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Siemens to launch startup incubator 'Next47' in India
Siemens has opened the India office for its startup incubator Next47 as part of its $1 billion investment fund for startups globally. The incubator will be based in Bengaluru and will focus on bringing startup innovation to Siemens customers in the region. Siemens is also setting up a digital services and consultancy arm in India with a team of 4,000 IoT and software experts. They will work on applications in areas such as Smart Urban Infrastructure, Digital Enterprise, Connected Mobility, Future of Energy, and Artificial Intelligence. Siemens sees India as a key focus market and believes it is well-prepared to support the countrys digital age.
InvestmentExpand
growth-positive
Next47 Adds VC Veterans and Entrepreneurs to Firm's Roster
Next47, the $1.2 billion global venture fund backed by Siemens, has announced the expansion of its US team with the addition of Matthew Cowan and T.J. Rylander as Partners, and Ching-Yu Hu as a Principal. The new members bring expertise and relationships that will enable Next47 to partner with entrepreneurs across various industry sectors. Matthew Cowan was previously the CEO and co-founder of Breezeworks, while T.J. Rylander was a Managing Partner at In-Q-Tel. Ching-Yu Hu co-founded Skybox Imaging, which was acquired by Google. Next47, created by Siemens, invests in and partners with entrepreneurs to build industry-defining companies.
Partners
Siemens venture unit, next47, and Techstars
