
AICybersecurityEnterprise SoftwareInfrastructure & CloudManufacturingMobility & TransportationLogistics & Supply ChainConstructionHardware & Semiconductors
N47 (formerly Next47) is a global venture firm backed by Siemens AG, headquartered in Palo Alto, California. It invests in enterprise-focused businesses across AI, infrastructure, and industrial technology, primarily from seed through Series C stages, leveraging Siemens' global ecosystem to drive portfolio growth.
Average disclosed round size is $61.1M (across 114 rounds with reported amounts).
Portfolio
70
Fund Size
$1.2B
Top Stage
Series B
Last 12 Mo
7
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
124 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Unknown | $33M | Sep 2026 | |
| Series A | $23M | Sep 2026 | |
| Series A | $20M | May 2026 | |
| Series B | $45M | Apr 2026 | |
| Unknown | $45M | Apr 2026 | |
| Series C | $125M | Mar 2026 | |
| Series A | $19M | Jan 2026 | |
| Series A | $20M | Jan 2026 | |
| Series B | $72M | Sep 2025 | |
| Series B | $72M | Sep 2025 | |
| Seed | $30M | Aug 2025 | |
| Series C | $127M | Mar 2025 | |
| Series A | $14M | Feb 2025 | |
| Series B | $45M | Feb 2025 | |
| Unknown | $72M | Jan 2025 | |
| Series B | $45M | Jan 2025 | |
| Series B | $45M | Jan 2025 | |
| Series C | $50M | Jan 2025 | |
| Series B | $72M | Jan 2025 | |
| Series C | $120M | Dec 2024 | |
| Series B | $145M | Sep 2024 | |
| Series B | $30M | Aug 2024 | |
| Series B | — | Jan 2024 | |
| Series A | $17.5M | Jan 2024 | |
| Series E | $118M | Dec 2023 |
Page 1 of 5
Top Co-Investors
Insight Partners13 shared
Y Combinator12 shared
Sequoia Capital10 shared
Matrix Partners9 shared
Andreessen Horowitz9 shared
Sutter Hill Ventures8 shared
Felicis8 shared
Founders Fund8 shared
Sapphire Ventures7 shared
Tiger Global Management, LLC7 shared
Bessemer Venture Partners6 shared
Building Ventures6 shared
Menlo Ventures6 shared
GV6 shared
Meritech Capital5 shared
Techstars5 shared
India Quotient5 shared
Breakthrough Energy Ventures5 shared
NVentures5 shared
Samsung Next5 shared
Last updated: 20 October 2026