Next47

Next47 is a global venture firm established in 2016 and backed by Siemens, with its headquarters in Palo Alto, California, and additional offices in Berlin, Tel Aviv, London, Munich, and Paris. The firm focuses on investing in startups that utilize emerging technologies, including artificial intelligence, cybersecurity, autonomous driving, the Internet of Things, and advanced manufacturing. By leveraging its connection to Siemens, Next47 provides portfolio companies with access to international markets, a global customer base, and technical expertise, thereby facilitating their growth. With a commitment to enterprise-focused businesses, Next47 aims to make swift investment decisions while fostering deep collaboration with its partners to maximize their potential.

Lak Ananth

Global Managing Partner

Lakshmikanth K. Ananth

Founding CEO and Managing Partner

Cody Anderson

Investor

Michael Aust

Principal

Josiah Bejide

Investor

Vivian Cheng

Partner

Colton Dempsey

Partner

Lidiya Dervisheva

Partner

Felix Fischer

Investor

Birgit Gocht

Principal

Jennifer Graetzel

Partner, Seed Funds

Klaus Grünfelder

CFO

Susanne von Gültlingen

Investment Partner Private Equity Advisory Services

Ching-Yu Hu

Partner

Heiko Huber

Principal

Aviel Ichai

Senior Associate

Assaf Jacobi

Venture Partner

Daria Kalatcheva

Principal, Private Equity Asset Management

Puneet Kalhan

Principal

Vaishnavi Katamreddy

Principal

Thomas Kolbinger

Venture Partner

Gaurav Kotak

Partner

Ulrich Kreutzer

Principal

Jessica Lieber

Senior Associate

Richard Lui

Partner

Wikings Marcelo Machado

Partner, Go-To-Market

Claudia-Camilla Malcher

Principal

Stefan Parhofer

Principal

Rene Pompl

Principal

Eric Radist

Director and Partner, Operations

Srinidhi Rao

Senior Associate

Kate Reznykova

Partner

Matthias Roth

Director

TJ Rylander

General Partner

Daryl Schlepp

Investor

Jen Shi

Associate

Svetoslav Simeonov

Managing Director

Micah Smurthwaite

Partner

Ingo Susemihl

Principal

Jason Sydow

Partner

Irina Ungureanu

Associate

Robert Williamson

Principal

Bob Wood

Venture Partner

Gert Wrigge

Partner

Moshe Zilberstein

Partner, Israel

Rylander, T. J.

General Partner

Past deals in Industrial Automation

Tractian

Series A in 2022
Your machines are talking, we are listening. TRACTIAN is a platform that analyzes vibration and temperature data collected by our sensors to reduce unplanned downtime inside industries.

Wandelbots

Series C in 2022
Wandelbots GmbH, based in Dresden, Germany, is a startup focused on simplifying the programming of industrial robots. The company has developed sensor-attached wearables that allow users to teach robots through demonstration, eliminating the need for coding. By wearing a suit equipped with sensors, operators can perform tasks that the robots then learn to replicate. Wandelbots' software tracks these movements and creates machine learning models from multiple demonstrations, which generate automation workflows that can be refined and optimized. The system is designed to be self-adaptive, allowing robots to adjust to dynamic environments through automatic anomaly detection and process adaptation. This innovative approach significantly reduces the time and cost associated with automation projects, making it accessible for both small and large enterprises.

Brilliant

Series B in 2021
Brilliant Home Technology, Inc. is a home automation company based in San Mateo, California, founded in 2016. The company specializes in the development of smart home devices, including smart home controls, dimmer switches, smart plugs, and various accessories. These products enable users to manage and control multiple aspects of their home environment, such as lighting, music, climate, security, and doorbells, enhancing convenience and efficiency in modern living.

75F

Series A in 2021
75F is a U.S.-based building intelligence company making smart building automation affordable and easy to deploy. 75F leverages IoT, Cloud Computing and Machine Learning for data-driven, proactive building intelligence and controls for HVAC, lighting and energy optimization. 75F's mission is to improve occupant productivity through enhanced comfort and indoor air quality – while saving energy and the environment. 75F is currently headquartered in Burnsville, Minnesota.

Wandelbots

Series B in 2020
Wandelbots GmbH, based in Dresden, Germany, is a startup focused on simplifying the programming of industrial robots. The company has developed sensor-attached wearables that allow users to teach robots through demonstration, eliminating the need for coding. By wearing a suit equipped with sensors, operators can perform tasks that the robots then learn to replicate. Wandelbots' software tracks these movements and creates machine learning models from multiple demonstrations, which generate automation workflows that can be refined and optimized. The system is designed to be self-adaptive, allowing robots to adjust to dynamic environments through automatic anomaly detection and process adaptation. This innovative approach significantly reduces the time and cost associated with automation projects, making it accessible for both small and large enterprises.

Gecko Robotics

Series B in 2019
Gecko Robotics, Inc. is a company that specializes in industrial inspection services to safeguard and maintain critical infrastructure using advanced robotic technology. Founded in 2013 and based in Pittsburgh, Pennsylvania, with additional locations in Texas, Spain, and Chile, Gecko Robotics focuses on automating infrastructure inspections primarily for the power, oil and gas, and pulp and paper sectors. The company's innovative wall-climbing robots are designed to conduct non-destructive testing, utilizing ultrasound transducers and high-definition cameras to provide comprehensive insights into asset health. By enabling faster and safer inspections, Gecko Robotics significantly reduces downtime and minimizes the risks traditionally associated with manual inspections, ultimately leading to substantial cost savings for industrial clients. Through its advanced machines and platforms, the company aims to enhance the efficiency and safety of infrastructure maintenance globally.

Built Robotics

Series B in 2019
Built Robotics Inc. develops automation technology solutions for the construction industry. It develops AI guidance systems to transform heavy equipment into autonomous robots, which combines various sensors, such as GPS, cameras, and Lidar with advanced software. The company’s guidance systems are deployed on earthmoving equipment, and used to build critical infrastructure, such as wind farms, oil and gas pipelines, mining, and new housing developments. Built Robotics Inc. was founded in 2016 and is headquartered in San Francisco, California.

Avidbots

Series B in 2019
Avidbots Corp. develops and manufactures autonomous floor cleaning robots, primarily focusing on its flagship product, NEO, which is recognized as one of the most advanced autonomous scrubbing robots available. Founded in 2014 and based in Ottawa, Canada, Avidbots uses laser mapping technology to create detailed area maps and plan efficient cleaning paths. Its robots are designed to automate the labor-intensive aspects of commercial cleaning, allowing human cleaning crews to concentrate on higher-value tasks. Avidbots' products are utilized in various settings, including airports, retail malls, hospitals, colleges, and industrial sites across multiple countries. The company's vision is to integrate robots into everyday life to enhance human capabilities and improve operational efficiency in cleaning processes.

Veo Robotics

Series A in 2019
Veo Robotics, Inc., founded in 2016 and based in Waltham, Massachusetts, specializes in developing robotics systems that enhance manufacturing processes. The company focuses on creating industrial automation products that allow high-performance robots to work collaboratively and safely alongside human workers. By integrating advanced computer vision, 3D sensing, and artificial intelligence, Veo Robotics' products aim to create more flexible, productive, and efficient manufacturing workcells. Their proprietary algorithms and distributed sensing technologies enable clients to improve productivity while reducing operating costs in both manufacturing and logistics environments.

Falkonry

Series A in 2018
Falkonry Inc. is a developer of machine learning software that enhances condition recognition through the integration of new data and expert feedback. Founded in 2012 and based in Sunnyvale, California, the company offers products such as Falkonry LRS, which analyzes multivariate time series data to identify patterns, predict critical events, and explain operational behaviors, and Falkonry Edge Analyzer, a portable engine for deploying predictive models on edge devices. Falkonry's solutions are designed for Global Fortune 2000 industrial companies, helping them achieve significant return on investment by improving manufacturing operations. The company's Operational AI allows for scalable implementation across various environments, including on-premises, cloud, and edge, empowering organizations to automatically discover, predict, and explain behaviors affecting their operations without the need for extensive data science expertise.

Atom Power

Series A in 2017
Atom Power, Inc. is a manufacturer based in Charlotte, North Carolina, that specializes in intelligent electrical infrastructure solutions for the commercial power industry. Founded in 2014, the company produces a range of products designed to manage electricity flow and enhance safety. Its offerings include the Atom Switch, a circuit breaker that safeguards against electrical surges; the Atom Panel, a distribution panel that organizes electrical distribution; and Atom OS, a software platform that allows for comprehensive control and customization of electrical systems. Through its innovative technology, Atom Power aims to improve the efficiency and safety of electrical management in commercial and industrial settings.

Veo Robotics

Series A in 2017
Veo Robotics, Inc., founded in 2016 and based in Waltham, Massachusetts, specializes in developing robotics systems that enhance manufacturing processes. The company focuses on creating industrial automation products that allow high-performance robots to work collaboratively and safely alongside human workers. By integrating advanced computer vision, 3D sensing, and artificial intelligence, Veo Robotics' products aim to create more flexible, productive, and efficient manufacturing workcells. Their proprietary algorithms and distributed sensing technologies enable clients to improve productivity while reducing operating costs in both manufacturing and logistics environments.

Atom Power

Series A in 2017
Atom Power, Inc. is a manufacturer based in Charlotte, North Carolina, that specializes in intelligent electrical infrastructure solutions for the commercial power industry. Founded in 2014, the company produces a range of products designed to manage electricity flow and enhance safety. Its offerings include the Atom Switch, a circuit breaker that safeguards against electrical surges; the Atom Panel, a distribution panel that organizes electrical distribution; and Atom OS, a software platform that allows for comprehensive control and customization of electrical systems. Through its innovative technology, Atom Power aims to improve the efficiency and safety of electrical management in commercial and industrial settings.

Electric Cloud

Series F in 2016
Electric Cloud, Inc. specializes in developing release automation and continuous delivery software for a diverse range of industries, including financial services, automotive, and embedded systems. Founded in 2002 and based in San Jose, California, the company offers products such as ElectricFlow, a release orchestration platform that enables teams to manage releases efficiently, and Electric Accelerator, which enhances build and testing processes by distributing workloads across various resources. Electric Cloud's solutions help organizations like Cisco, GE, and Intel improve their DevOps productivity and streamline their software delivery processes. By automating manual tasks and reducing the risks associated with software releases, the company empowers development teams to accelerate time-to-market and enhance software quality. As of April 2019, Electric Cloud operates as a subsidiary of CloudBees, Inc.

Sternico

Venture Round in 2016
Sternico has been providing innovative software solutions for over 15 years, focusing on business solutions and industrial automation. With expertise in the industrial sector, the company develops cloud-based software aimed at digitizing and automating industrial processes. Sternico offers a range of services, including analysis, consulting, software development, system integration, and software assurance. Their approach emphasizes both standard products and customized services, aimed at enhancing the quality and efficiency of clients' operations. By fostering a partnership relationship with clients, Sternico seeks to optimize processes and integrate systems effectively.

Veo Robotics

Pre Seed Round in 2016
Veo Robotics, Inc., founded in 2016 and based in Waltham, Massachusetts, specializes in developing robotics systems that enhance manufacturing processes. The company focuses on creating industrial automation products that allow high-performance robots to work collaboratively and safely alongside human workers. By integrating advanced computer vision, 3D sensing, and artificial intelligence, Veo Robotics' products aim to create more flexible, productive, and efficient manufacturing workcells. Their proprietary algorithms and distributed sensing technologies enable clients to improve productivity while reducing operating costs in both manufacturing and logistics environments.

Power Plus Communications

Venture Round in 2016
Power Plus Communications AG specializes in broadband powerline communications (BPL) systems designed for smart grids, smart metering, and smart homes. Founded in 2001 and based in Mannheim, Germany, the company provides a range of products including G4 broadband powerline systems, various types of BPL modems, and network management software. Its technology enables utilities to utilize the existing electricity grid for real-time data transfer from electronic meters, facilitating smart metering and grid automation. The company also offers integration of meters with BPL systems and advisory services for communications infrastructure. Power Plus Communications serves utilities and distributed network operators across Europe, the Middle East, and beyond, employing around 60 personnel. The company's strategic location in Mannheim supports its innovative approach and access to key European markets.

Power Plus Communications

Venture Round in 2016
Power Plus Communications AG specializes in broadband powerline communications (BPL) systems designed for smart grids, smart metering, and smart homes. Founded in 2001 and based in Mannheim, Germany, the company provides a range of products including G4 broadband powerline systems, various types of BPL modems, and network management software. Its technology enables utilities to utilize the existing electricity grid for real-time data transfer from electronic meters, facilitating smart metering and grid automation. The company also offers integration of meters with BPL systems and advisory services for communications infrastructure. Power Plus Communications serves utilities and distributed network operators across Europe, the Middle East, and beyond, employing around 60 personnel. The company's strategic location in Mannheim supports its innovative approach and access to key European markets.

tado°

Series D in 2015
tado° GmbH is a Munich-based company that specializes in developing home climate control systems aimed at enhancing the efficiency of heating and cooling in residential and small business settings. Founded in 2010, tado° offers a combination of hardware and software solutions that intelligently adjust climate controls based on residents' behaviors, current weather conditions, and specific building characteristics. The company's products are available through various retail outlets and online platforms. With a focus on integrating Internet of Things technology into the Cleantech sector, tado° aims to provide innovative solutions for energy-efficient climate management. The company also has an office in London, expanding its reach in the market.

Sternico

Series A in 2014
Sternico has been providing innovative software solutions for over 15 years, focusing on business solutions and industrial automation. With expertise in the industrial sector, the company develops cloud-based software aimed at digitizing and automating industrial processes. Sternico offers a range of services, including analysis, consulting, software development, system integration, and software assurance. Their approach emphasizes both standard products and customized services, aimed at enhancing the quality and efficiency of clients' operations. By fostering a partnership relationship with clients, Sternico seeks to optimize processes and integrate systems effectively.

Power Plus Communications

Convertible Note in 2014
Power Plus Communications AG specializes in broadband powerline communications (BPL) systems designed for smart grids, smart metering, and smart homes. Founded in 2001 and based in Mannheim, Germany, the company provides a range of products including G4 broadband powerline systems, various types of BPL modems, and network management software. Its technology enables utilities to utilize the existing electricity grid for real-time data transfer from electronic meters, facilitating smart metering and grid automation. The company also offers integration of meters with BPL systems and advisory services for communications infrastructure. Power Plus Communications serves utilities and distributed network operators across Europe, the Middle East, and beyond, employing around 60 personnel. The company's strategic location in Mannheim supports its innovative approach and access to key European markets.

J2 Innovations

Series A in 2014
J2 Innovations, Inc. is a software and technology company specializing in building automation and the Internet of Things (IoT). It is known for its FIN Framework, an open software platform that facilitates the integration and programming of smart devices. The FIN technology enables users to create tailored software solutions that encompass device control, enterprise visualization, and analytics. Through its FIN Builder tool, clients can design custom user experiences, develop graphics for air handlers and central plants, and visualize diverse data sources. The platform supports seamless integration with third-party applications and can operate on various environments, including Linux, Windows servers, and cloud hosting. J2 Innovations collaborates with original equipment manufacturers (OEMs) and system integrators, allowing them to enhance their offerings while reducing development costs. Founded in 2008 and headquartered in Diamond Bar, California, J2 Innovations operates as a subsidiary of Siemens Aktiengesellschaft.

Powerit Solutions

Series D in 2014
Powerit Solutions, LLC is an energy management technology company based in Seattle, Washington, specializing in demand response and control solutions for industrial and commercial applications. Founded in 1994, it provides a range of products designed to optimize energy usage and reduce costs in energy-intensive industries, including food processing, manufacturing, and metal fabrication. Key offerings include the Energy Director, a power management system that helps manage demand levels, and Konnekt Wireless I/O, which facilitates industrial-grade wireless input/output for power management. The company's solutions also encompass advanced software interfaces for demand control, dynamic pricing, and microgrid management, enabling clients to enhance their energy efficiency and sustainability. As a subsidiary of Powerit Holdings, Inc., Powerit Solutions is committed to delivering innovative approaches for energy management across various sectors, helping clients achieve significant savings and improved operational performance.

Electric Cloud

Series E in 2014
Electric Cloud, Inc. specializes in developing release automation and continuous delivery software for a diverse range of industries, including financial services, automotive, and embedded systems. Founded in 2002 and based in San Jose, California, the company offers products such as ElectricFlow, a release orchestration platform that enables teams to manage releases efficiently, and Electric Accelerator, which enhances build and testing processes by distributing workloads across various resources. Electric Cloud's solutions help organizations like Cisco, GE, and Intel improve their DevOps productivity and streamline their software delivery processes. By automating manual tasks and reducing the risks associated with software releases, the company empowers development teams to accelerate time-to-market and enhance software quality. As of April 2019, Electric Cloud operates as a subsidiary of CloudBees, Inc.

BuildingIQ

Convertible Note in 2014
BuildingIQ is an energy management software company that specializes in developing solutions for the commercial building sector in North America and Australasia. Founded in 2009 and headquartered in Fargo, North Dakota, BuildingIQ offers a suite of software products designed to optimize energy consumption and reduce operational costs associated with heating, ventilation, and air conditioning systems. Its flagship product utilizes predictive energy optimization to forecast energy demand and adjust HVAC settings accordingly, while add-on modules like ComfortIQ and DRIQ enhance occupant comfort and automate responses to demand response events. BuildingIQ's technology integrates thermal modeling, machine learning, and real-time data to improve energy efficiency in both new and existing buildings. The company collaborates with strategic partners such as CSIRO and Syserco to provide comprehensive energy solutions, enabling facility owners and managers to maximize the value of their energy systems without incurring capital expenses. BuildingIQ has received multiple awards for its innovative contributions to energy management.

Electric Cloud

Series E in 2013
Electric Cloud, Inc. specializes in developing release automation and continuous delivery software for a diverse range of industries, including financial services, automotive, and embedded systems. Founded in 2002 and based in San Jose, California, the company offers products such as ElectricFlow, a release orchestration platform that enables teams to manage releases efficiently, and Electric Accelerator, which enhances build and testing processes by distributing workloads across various resources. Electric Cloud's solutions help organizations like Cisco, GE, and Intel improve their DevOps productivity and streamline their software delivery processes. By automating manual tasks and reducing the risks associated with software releases, the company empowers development teams to accelerate time-to-market and enhance software quality. As of April 2019, Electric Cloud operates as a subsidiary of CloudBees, Inc.

BuildingIQ

Series A in 2013
BuildingIQ is an energy management software company that specializes in developing solutions for the commercial building sector in North America and Australasia. Founded in 2009 and headquartered in Fargo, North Dakota, BuildingIQ offers a suite of software products designed to optimize energy consumption and reduce operational costs associated with heating, ventilation, and air conditioning systems. Its flagship product utilizes predictive energy optimization to forecast energy demand and adjust HVAC settings accordingly, while add-on modules like ComfortIQ and DRIQ enhance occupant comfort and automate responses to demand response events. BuildingIQ's technology integrates thermal modeling, machine learning, and real-time data to improve energy efficiency in both new and existing buildings. The company collaborates with strategic partners such as CSIRO and Syserco to provide comprehensive energy solutions, enabling facility owners and managers to maximize the value of their energy systems without incurring capital expenses. BuildingIQ has received multiple awards for its innovative contributions to energy management.

EnOcean

Series D in 2008
EnOcean GmbH, founded in 2001 and based in Oberhaching, Germany, specializes in energy harvesting technology and wireless sensor solutions for building and industrial automation. The company develops and markets a range of products, including energy converters, wireless sensors, controllers, and software, which facilitate energy-efficient applications in home automation, lighting, industrial settings, automated meter reading, and environmental monitoring. EnOcean's innovative self-powered wireless technology captures energy from the environment, allowing for the creation of long-range radio frequency signals without the need for batteries. The company distributes its products across numerous countries, including various regions in Europe, North America, and Asia, thereby catering to a global market for energy-efficient solutions.

SensorDynamics

Series B in 2007
SensorDynamics was a European semiconductor and MEMS company specialized in developing and manufacturing high-volume micro- and wireless semiconductor sensor products for applications in automotive, industry and high-end consumer sectors. The company was acquired by Maxim Integrated in 2011 for $164 million. SensorDynamics developed and produced custom-made designs and standard components for use in vehicle stabilization, occupant protection, navigation systems, keyless go systems and autonomous energy generators for wireless and battery free controllers for industrial, automotive and high-end consumer application.[5] With its headquarters in Graz, Austria, SensorDynamics had offices in Italy and Germany and a worldwide sales and distribution network. The company employed about 130 people in 2011.

Factory Logic

Venture Round in 2005
Factory Logic, Inc. specializes in factory management solutions, offering the Streamline Lean Factory Management System, a software designed to equip factory personnel with tools for effective design, operation, and enhancement of lean manufacturing facilities. The Lean Operations suite promotes an integrated methodology that aligns production with customer demand while ensuring stability in factory and supply chain processes. In addition to its software offerings, Factory Logic also engages in consulting projects, catering primarily to sectors such as automotive, electronics, industrial equipment, and aerospace. Founded in 1993 and headquartered in Austin, Texas, Factory Logic operates as a subsidiary of SAP AG.

EnOcean

Series C in 2005
EnOcean GmbH, founded in 2001 and based in Oberhaching, Germany, specializes in energy harvesting technology and wireless sensor solutions for building and industrial automation. The company develops and markets a range of products, including energy converters, wireless sensors, controllers, and software, which facilitate energy-efficient applications in home automation, lighting, industrial settings, automated meter reading, and environmental monitoring. EnOcean's innovative self-powered wireless technology captures energy from the environment, allowing for the creation of long-range radio frequency signals without the need for batteries. The company distributes its products across numerous countries, including various regions in Europe, North America, and Asia, thereby catering to a global market for energy-efficient solutions.

SensorDynamics

Series A in 2004
SensorDynamics was a European semiconductor and MEMS company specialized in developing and manufacturing high-volume micro- and wireless semiconductor sensor products for applications in automotive, industry and high-end consumer sectors. The company was acquired by Maxim Integrated in 2011 for $164 million. SensorDynamics developed and produced custom-made designs and standard components for use in vehicle stabilization, occupant protection, navigation systems, keyless go systems and autonomous energy generators for wireless and battery free controllers for industrial, automotive and high-end consumer application.[5] With its headquarters in Graz, Austria, SensorDynamics had offices in Italy and Germany and a worldwide sales and distribution network. The company employed about 130 people in 2011.

EnOcean

Series B in 2004
EnOcean GmbH, founded in 2001 and based in Oberhaching, Germany, specializes in energy harvesting technology and wireless sensor solutions for building and industrial automation. The company develops and markets a range of products, including energy converters, wireless sensors, controllers, and software, which facilitate energy-efficient applications in home automation, lighting, industrial settings, automated meter reading, and environmental monitoring. EnOcean's innovative self-powered wireless technology captures energy from the environment, allowing for the creation of long-range radio frequency signals without the need for batteries. The company distributes its products across numerous countries, including various regions in Europe, North America, and Asia, thereby catering to a global market for energy-efficient solutions.

ISOPur Fluid Technologies

Series A in 2002
ISOPur Fluid Technologies develops advanced purification systems for hydraulic and lubricating oil used in high-performance, mission-critical industrial machinery. Through its patented Balanced Charge Agglomeration™ (BCA) technology, ISOPur is able to achieve a level of fluid purity unattainable by conventional filtration or centrifugal systems. ISOPur not only continuously purifies oil and fuel to a better than new condition, BCA also removes sludge and varnish from the internals of the machinery. ISOPur can provide a dramatic return on investment by improving plant uptime, reducing maintenance costs, extending the life of expensive capital equipment, and reducing fluid consumption and waste disposal. ISOPur’s patented BCA technology works by passing contaminated fluid over a series of electrodes that carefully charge particles, both positive and negative, until the net charge is balanced. As charged particles mix, they attract and grow in size, making for easy removal with filter cartridges. BCA is a revolutionary technology within the purification industry because of its effectiveness on sub-micron particles that would otherwise pass freely through premium filters. BCA accomplishes this level of ultra-fine purification while maintaining fluid lubricity and water content without affecting additives. BCA also “pulls” sticky sludge and varnish off the internals of machine valves, bearings, shafts, and other critical parts, enabling equipment to operate more efficiently and reliably. Conventional filters impart a net static charge on particles, causing them to attract to internal surfaces and initiating the process of varnish formation. BCA restores a balanced charge in the fluid, blocking particle attraction and eliminating the fundamental cause of sludge and varnish formation. BCA removes contamination from any non-conducting fluids. In addition to hydraulic oil and lubricating oil, BCA has also been proven effective on cutting/machining oils, phosphate esters, and vegetable oil. BCA removes contaminants of many varieties, including sub-micron particles, products of oxidation, ferrous and non-ferrous metals, and bacteria. ISOPur has referenceable case studies from major Global 2000 corporations in a multitude of industrial applications including power generation, pulp and paper, plastic extrusion, marine, petrochemicals, food processing, transformers/tap changers, machine tools, and general manufacturing.

EnOcean

Series A in 2002
EnOcean GmbH, founded in 2001 and based in Oberhaching, Germany, specializes in energy harvesting technology and wireless sensor solutions for building and industrial automation. The company develops and markets a range of products, including energy converters, wireless sensors, controllers, and software, which facilitate energy-efficient applications in home automation, lighting, industrial settings, automated meter reading, and environmental monitoring. EnOcean's innovative self-powered wireless technology captures energy from the environment, allowing for the creation of long-range radio frequency signals without the need for batteries. The company distributes its products across numerous countries, including various regions in Europe, North America, and Asia, thereby catering to a global market for energy-efficient solutions.
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