Next Sense, a pioneer in Smart Building Platform SaaS solutions, has closed an impressive €11.5 million Series A funding round. The round was co-led by ABP and ETF Partners, with additional backing from existing investors Edge, SHAPE Capital, and Timeless Investments.
Accelerating the Shift Toward Sustainable Buildings
The fresh funding will enable Next Sense to scale its global operations and enhance its cutting-edge Smart Building Platform. This platform leverages real-time monitoring, AI-powered controls, advanced building simulations, and expert services to help clients reduce energy consumption, meet ESG standards, and enhance the quality of life for building occupants. Tackling the urgent issue of buildings accounting for 40% of global CO₂ emissions, Next Sense offers a comprehensive solution for real estate decarbonization.
Driving Impact and Growth
Following the merger of EDGE Next and Sense by PHYSEE earlier this year, Next Sense has achieved remarkable progress. The company has doubled its sales and expanded its client portfolio to over 150 premium real estate assets, collaborating with global leaders like CHANEL, AXA IM, Microsoft, and MERLIN Properties. The platform consistently delivers a significant reduction in energy use, cutting primary energy consumption by up to 40% per project. These milestones highlight Next Sense’s role as a catalyst for financial and environmental transformation in the real estate sector.
Comprehensive Decarbonization Solutions
As a certified B Corporation, Next Sense supports clients in reducing emissions throughout a building’s lifecycle. From simulations in the design and redevelopment phases to AI-enabled operational optimization, the platform ensures compliance with sustainability regulations, such as the EU CSRD, and alignment with the Paris Agreement’s energy goals. Tailored customer success services provide ongoing support to help clients achieve measurable sustainability outcomes.
Investor Backing for a Sustainable Future
This Series A funding reinforces ABP and ETF Partners’ dedication to impactful investments that deliver tangible environmental benefits. By advancing Next Sense’s technology, the investment directly contributes to the decarbonization of the built environment and the achievement of global sustainability objectives.
Ferdinand Grapperhaus, CEO of Next Sense, shared his excitement about the new funding:
“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.”