is a global venture company backed by Siemens investing in a technology company and advising the board to achieve growth in the business. The company's relationship with Siemens provides access to international markets, a global customer base, and technical expertise, all of which are used to catalyze the growth of the portfolio of companies. The company works with startups using deep technologies such as artificial intelligence, augmented and virtual reality, cybersecurity, autonomous driving, IoT, robotics, and advanced manufacturing. Founded in 2016, Next47 is based in Palo Alto, California.