Formerly Next47, the Siemens corporate venture arm, N47 is a product-first global venture firm investing seed through growth stages across systems, infrastructure, and software/AI applications, partnering with bold builders before major metrics or market attention. Portfolio includes Verkada, Skydio, VAST Data, and BuildOps.

Palo Alto, United States · 49+ investments · 71 portfolio companies

Seed
Early Stage
Growth
Artificial Intelligence
Robotics
SaaS
Deep Tech
Headquarters
Palo Alto, United States
Founded
2016
Website
n47.com
AUM
$2.2B
Portfolio Companies
71
Total Investments
49
Last Investment
Sep 2026
Geographic Focus
Germany, Israel, United Kingdom, United States

Investment Thesis

Invests at product-first stage before buzz and metrics, partnering with bold builders to grow from conviction to scale.

N47 is a Venture Capital firm based in Palo Alto, United States. It has made 49 investments, including Kai, Encord and Claroty. Focus areas include Artificial Intelligence and Robotics.

Portfolio71

Co-investors24

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24 co-investors across 98 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×20 · Corporate VC ×2 · Accelerator ×1 · 36 shared rounds

Investment History

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