Participated · Series A · Dec 2024

Next Sense provides a vendor-agnostic smart building platform combining real-time monitoring, AI-driven controls, building simulations and professional services to optimise energy use and meet ESG standards. The platform leverages machine learning integrated with a Building Physics model to deliver automated, science-based optimisation across large property portfolios. Next Sense emerged in February 2024 from the merger of EDGE Next (EDGE Technologies) and Sense by PHYSEE and is a certified B Corporation. It reports a portfolio of over 150 projects and customers including CHANEL, AXA IM, Microsoft and MERLIN Properties, with demonstrable energy savings of consistent 20–30% and up to 40% per project. The company also provides simulations for pre-construction and redevelopment and supports clients in meeting EU CSRD sustainability regulations. Next Sense plans to scale operations globally and enhance its Smart Building Platform to accelerate building decarbonisation.

Participated · Series A · Jan 2021

PHYSEE develops window-integrated solar, coatings, and sensor technology centered on its SmartSkin system, which combines sensors, solar cells and a battery with a self-learning algorithm to control building climate systems. SmartSkin is claimed to make buildings up to 30% more energy-efficient while improving occupant comfort. The company also offers PAR+ and POWER+ coatings; PAR+ converts UV light into PAR light and can accelerate plant growth by about 7%. PHYSEE plans to scale up its technology after starting sales partnerships with two global glass manufacturers and will use part of the funding to test crop-growth effects with Wageningen University. Founded in 2014 by Ferdinand Grapperhaus and Willem Kesteloo, the company has focused on hardware R&D to integrate energy and data into facades. Financially, PHYSEE has secured €4M in growth capital as the first half of its Series A to support commercialization and geographic rollout.