Next Sense – a leading provider of Smart Building Platform SaaS solutions – announced the closing of an €11.5 million Series A investment round. The funding round was co-led by ABP and ETF Partners, with additional participation from existing shareholders Edge, SHAPE Capital, and Timeless Investments.
This funding round will empower Next Sense to accelerate its mission of decarbonizing the built environment by scaling its operations globally and enhancing its Smart Building Platform. The platform integrates real-time monitoring, AI-driven controls, advanced building simulations, and professional services to help clients optimize energy usage, meet ESG standards, and improve occupant experiences. It addresses a critical challenge in real estate: reducing buildings’ 40% share of global carbon dioxide emissions.
Since the merging of EDGE Next and Sense by PHYSEE earlier this year, Next Sense has seen notable growth – doubling its sales volume and significantly expanding its client base to include over 150 high-profile real estate assets for leading global clients like CHANEL, AXA IM, Microsoft, and MERLIN Properties.
The company’s platform consistently delivers substantial energy savings, reducing total building primary energy consumption by up to 40% per project. These achievements validate its ability to drive meaningful change in the real estate sector while delivering measurable financial and environmental benefits to its clients.
Next Sense enables clients to decarbonize their buildings throughout their lifecycle. It utilizes simulations during pre-construction and redevelopment phases and optimizes operations through AI-based monitoring and control solutions. These services are enriched by regular white-glove customer success sessions, which ensure each client meets sustainability regulations like the EU CSRD while achieving the energy goals of the Paris Agreement.
This funding advances Next Sense’s technology, contributing directly to decarbonizing the built environment and achieving global sustainability targets.
KEY QUOTES:
“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.”
- Ferdinand Grapperhaus, CEO of Next Sense
“Next Sense’s smart software brings buildings to life to innovatively control and optimize 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.”
- Lodewijk Meens, senior portfolio manager at ABP Netherlands Energy Transition and Biodiversity Fund
“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 optimization 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.”
- Tomer Strikovsky, Partner, ETF Partners
