Next47 is a global venture firm backed by Siemens that invests in a technology company and gives board advice to achieve growth in business. The firm's relationship with Siemens gives access to international markets, a global customer base, and technical experience, all of which is used to catalyze portfolio company growth. The company works with startups who are using deep technologies such as artificial intelligence, augmented and virtual reality, cybersecurity, autonomous driving, IoT, robotics, and advanced manufacturing.