Dutch property-tech firm Next Sense, a provider of smart building SaaS, has closed an €11.5m series A investment round.

This funding will help Next Sense accelerate its mission of decarbonising the built environment by scaling its operations globally and enhancing its smart building platform. The platform integrates real-time monitoring, AI-driven controls, building simulations and professional services to help clients optimise energy usage, meet ESG standards and improve occupant experiences. It addresses a critical problem in real estate: reducing buildings’ 40% share of global CO₂ emissions.

Since the merger of Edge Next and Sense by Physee earlier this year, Next Sense has doubled its sales volume and expanded its client base to include more than 150 high-profile real estate assets for global clients such as Chanel, AXA IM, Microsoft and Merlin Properties. The company’s platform delivers energy savings, reducing total building primary energy consumption by up to 40% per project. These achievements underscore its ability to drive change in the real estate sector while delivering measurable financial and environmental benefits to its clients.

Next Sense helps its clients decarbonise their buildings across the entire lifecycle, leveraging simulations during pre-construction and redevelopment phases and optimising operations through AI-powered monitoring and control. These services are enriched by regular white-glove sessions, ensuring each client meets sustainability regulations such as the EU CSRD while achieving the energy goals of the Paris Agreement.

The funding was co-led by ABP and ETF Partners, with additional participation from existing shareholders Edge, Shape Capital and Timeless Investments.

“We are incredibly proud to welcome ABP and ETF Partners to the Next Sense family,” said Ferdinand Grapperhaus, CEO of Next Sense (www.next-sense.com). “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.”

Lodewijk Meens, senior portfolio manager at ABP (www.abp.nl), added: “Next Sense’s smart software brings buildings to life to innovatively control and optimise 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.”

And Tomer Strikovsky from ETF Partners (etfpartners.capital), said: “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 optimisation accessible and actionable for property managers. With over 150 successful deployments showing consistent 20 to 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.”