Next Sense, a Dutch smart building platform provider, has raised €11.5 million in a Series A funding round to scale its global operations and enhance its AI-powered platform.
The investment was co-led by ABP and ETF Partners, with continued support from Edge, SHAPE Capital, and Timeless Investments. This funding represents a significant step forward in Next Sense’s mission to decarbonise the built environment and enable climate-neutral buildings.
Ferdinand Grapperhaus, CEO of Next Sense, commented: “We are incredibly proud to welcome ABP and ETF Partners to the Next Sense family. With their expertise, reach, and commitment to impact, we are even better equipped for further international expansion. Additionally, we are deeply grateful for the renewed trust from our existing shareholders: Edge, SHAPE Capital, and Timeless Investments. Together, we are driving innovation to reduce the footprint of the built environment. It’s a mission full of challenges, and this is the beginning of a breakthrough.
Next Sense’s platform integrates real-time monitoring, AI-driven controls, advanced building simulations, and professional services to optimise energy usage, enhance sustainability, and improve occupant experiences. With a focus on reducing buildings’ contribution to global CO₂ emissions—currently at 40%—the company provides tools that align with ESG standards and the goals of the Paris Agreement.
Since the merger of EDGE Next and Sense by PHYSEE in early 2024, Next Sense has experienced exceptional growth – doubling its sales volume and significantly expanding its client base to include over 150 real estate assets for global clients such as CHANEL, AXA IM, Microsoft, and MERLIN Properties. According to Next Sense, the company’s platform consistently delivers substantial energy savings, reducing total building primary energy consumption by up to 40% per project.
Recognised as a B Corporation, Next Sense supports clients in their mission to decarbonise their buildings across the entire lifecycle — leveraging simulations during pre-construction and redevelopment phases and optimising operations through AI-powered monitoring and control solutions. While also ensuring they meet sustainability regulations like the EU Corporate Sustainability Reporting Directive (CSRD).
Lodewijk Meens, senior portfolio manager at ABP Netherlands Energy Transition and Biodiversity Fund, praised the company’s innovative solutions: “Next Sense’s smart software brings buildings to life to innovatively control and optimise all systems in a building, creating significant positive environmental impacts. We very much look forward to working with Next Sense to make the built environment more sustainable.”
Tomer Strikovsky, Partner at ETF Partners, highlighted the platform’s potential: “The built environment represents one of our biggest challenges in reaching net zero targets. Next Sense’s platform stands out for its proven ability to deliver measurable energy reductions at scale. What impressed us most was not just the technology, but how they’ve made complex building optimisation accessible and actionable for property managers. With over 150 successful deployments showing consistent 20-30% energy savings, they’ve demonstrated that smart building technology can drive both environmental impact and commercial returns. We believe Next Sense will play a crucial role in transforming how buildings operate globally.”
With this funding, Next Sense plans to expand its international presence and enhance its offerings, empowering property owners and managers to achieve sustainability benchmarks while realising measurable financial and environmental benefits.
Read the orginal article: https://www.eu-startups.com/2024/12/amsterdam-based-next-sense-secures-e11-5-million-in-series-a-to-accelerate-global-expansion-and-decarbonisation/
