Next Sense has just made waves in the construction and real estate sectors with the announcement of an €11.5 million Series A investment round, co-led by ABP and ETF Partners. This financial boost isn’t just a feather in their cap; it’s a springboard for the company to accelerate its mission of decarbonizing the built environment. With the built environment accounting for a staggering 40% of global carbon dioxide emissions, the urgency to innovate has never been greater, and Next Sense is stepping up to the plate.
The momentum gained from this funding will allow Next Sense to scale its Smart Building Platform, which is already making significant strides in energy optimization. The platform employs real-time monitoring, AI-driven controls, and advanced building simulations, all designed to help clients maximize energy efficiency, adhere to Environmental, Social, and Governance (ESG) standards, and enhance occupant experiences. The company is not just selling a service; it’s offering a pathway to sustainability that resonates deeply in today’s climate-conscious market.
Since the merger of EDGE Next and Sense by PHYSEE earlier this year, Next Sense has seen its sales volume double, and its client roster has expanded to over 150 high-profile real estate assets. Names like CHANEL, AXA IM, Microsoft, and MERLIN Properties are now part of its growing portfolio. The platform has consistently delivered energy savings of up to 40% per project, making it a formidable player in the push for sustainability. This kind of performance isn’t just a nice-to-have; it’s a must-have in a world where building performance directly impacts both environmental and financial bottom lines.
Ferdinand Grapperhaus, CEO of Next Sense, expressed his enthusiasm for the new partnerships, saying, “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.” This sentiment underscores the importance of collaboration in tackling the complex challenges of decarbonization.
The technology behind Next Sense’s platform is not just about efficiency; it’s also about accessibility. Tomer Strikovsky from ETF Partners highlighted how the platform has made complex building optimization actionable for property managers. With a proven track record of delivering 20-30% energy savings across over 150 deployments, Next Sense is not just a player in the game; it’s redefining how buildings operate.
As the construction industry grapples with the reality of climate change, Next Sense’s approach offers a glimmer of hope. The integration of simulations during pre-construction and redevelopment phases, coupled with AI-based monitoring and control solutions, positions the company as a leader in the race toward net-zero targets. Regular customer success sessions ensure that clients are not just meeting sustainability regulations but are also achieving the ambitious energy goals set forth in the Paris Agreement.
The implications of this funding round extend far beyond Next Sense itself. It signals a shift in how the construction and real estate industries view sustainability. As more companies recognize the financial viability of green technology, we could witness a ripple effect, prompting a broader adoption of smart building solutions. The future of construction is not just about bricks and mortar; it’s about building a sustainable legacy for generations to come.
