Samsung NEXT Ventures

Samsung NEXT is a multifaceted innovation group within Samsung Electronics, established in 2013 and headquartered in Mountain View, California. The group focuses on identifying new growth opportunities that will shape the future. Samsung NEXT Ventures, its investment arm, specializes in venture capital, targeting sectors such as artificial intelligence, financial technology, blockchain, health technology, infrastructure, and media technology. By investing in these areas, Samsung NEXT aims to foster innovation and technological advancements that align with its long-term vision for growth.

Royi Benyossef

Investor

Sam campbell

Investor

Carlos Castellanos

Investor

Patrick Chang

Early Stage Venture Investor

Andy Duong

Principal

Lizzy Goldman

Investor

Joan Kim

Investor

Emily Koster

Director of Communications

Amy Lee

Investor

Yonatan Machado

Senior Investment Director

Jonathan Machado

Managing Director, Investment

Eyal Miller

Vice President and Managing Director

Nick Nigam

Principal, Seed to Series B Venture Capital Investments

Caroline Rehfuss

Investor

Ajay Singh

Director

Vincent Tang

Principal

Past deals in Internet of Things

ZEDEDA

Series B in 2022
ZEDEDA specializes in edge virtualization software that enhances visibility, control, and security for IoT edge applications and networks. The company's cloud-native platform enables organizations to monitor and manage real-time edge applications across various hardware configurations, facilitating deployment and integration with any cloud or on-premises systems. This approach allows businesses to maintain complete control over their edge data while avoiding vendor lock-in. ZEDEDA offers solutions such as Edge Quick Connect for Azure IoT Edge, which assists customers in managing and securing their IoT deployments. The company's technology finds applications in sectors including renewable energy, oil and gas automation, and industrial automation. Founded in 2016, ZEDEDA is headquartered in Santa Clara, California, with additional offices in Bengaluru and Pune, India.

MachineFi

Seed Round in 2022
MachineFi Lab specializes in designing Internet of Things (IoT) and blockchain technologies. The company has developed a comprehensive software platform that connects machines, providing a full infrastructure suite. This includes an Ethereum Virtual Machine (EVM) blockchain, a multichain crypto wallet, a blockchain bridge, and an onboarding platform. Additionally, it offers software development kits (SDKs) to facilitate the creation of applications and machine networks. By integrating these technologies, MachineFi Lab aims to enhance connectivity and functionality within the IoT ecosystem.

Metrika

Series A in 2021
Developer of a blockchain-based operational intelligence platform designed to monitor, analyze, and provide actionable insights for decentralized systems. The company's platform helps to keep blockchain networks up and running and it identifies the anomalies affecting performance that require action, enabling companies to improve reliability and performance, ultimately contributing to growth worldwide.

Cynerio

Series B in 2021
Cynerio Israel Ltd is a cybersecurity company that focuses on protecting healthcare providers from cyber threats targeting patient data and connected medical devices. Founded in 2017 and headquartered in Tel Aviv, Israel, Cynerio offers a platform that utilizes device behavior learning and medical workflow analysis to ensure comprehensive visibility into device activities on the network. This capability allows for the detection of anomalous behavior and the mitigation of associated risks, thereby enhancing the security of sensitive healthcare information and equipment.

Intuition Robotics

Series B in 2020
Intuition Robotics Ltd. is a company based in Ramat Gan, Israel, founded in 2015. It specializes in designing and developing artificial intelligence-based social companion technologies aimed at enhancing the quality of life for older adults. The company's innovations focus on creating robots that facilitate connections with family and friends, making technology both accessible and user-friendly. By utilizing proprietary algorithms, Intuition Robotics' digital companions proactively engage users, addressing issues such as loneliness, social isolation, and health challenges. These solutions aim to promote an active lifestyle and help older adults maintain their independence while living at home.

Edgeworx

Seed Round in 2018
Edgeworx, Inc. develops software that runs on gateway edge and micro data center edge and links various nodes together using a proprietary mesh network that can operate on different types of networks. The company's product, ioFog, an edge computing application platform providing a standardized way to develop and remotely deploy secure micro services to edge computing devices. The company was founded in 2017 and is headquartered in Menlo Park, California.

Intuition Robotics

Venture Round in 2018
Intuition Robotics Ltd. is a company based in Ramat Gan, Israel, founded in 2015. It specializes in designing and developing artificial intelligence-based social companion technologies aimed at enhancing the quality of life for older adults. The company's innovations focus on creating robots that facilitate connections with family and friends, making technology both accessible and user-friendly. By utilizing proprietary algorithms, Intuition Robotics' digital companions proactively engage users, addressing issues such as loneliness, social isolation, and health challenges. These solutions aim to promote an active lifestyle and help older adults maintain their independence while living at home.

Intuition Robotics

Series A in 2017
Intuition Robotics Ltd. is a company based in Ramat Gan, Israel, founded in 2015. It specializes in designing and developing artificial intelligence-based social companion technologies aimed at enhancing the quality of life for older adults. The company's innovations focus on creating robots that facilitate connections with family and friends, making technology both accessible and user-friendly. By utilizing proprietary algorithms, Intuition Robotics' digital companions proactively engage users, addressing issues such as loneliness, social isolation, and health challenges. These solutions aim to promote an active lifestyle and help older adults maintain their independence while living at home.

Filament

Series A in 2017
Filament builds blockchain hardware and& software solutions for enterprise and IoT. Filament’s distributed blockchain capabilities leverage open protocols so that devices are able to independently process and record transactions, ensuring digital trust. Its new trusted application software and Blocklet Chip, currently in beta, are designed to communicate and interact with multiple blockchain technologies natively. The software, implemented on existing hardware, will deliver a secure distributed ledger technology solution. The Blocklet Chip will allow industrial corporations and enterprises to seamlessly extract the value of recording and monetizing data assets, at the edge of the network, on the sensors themselves.

Bayshore Networks

Series A in 2017
Bayshore Networks, Inc. specializes in cybersecurity software for the industrial Internet of Things (IoT), focusing on the protection of operational technology (OT) within industrial environments. The company offers a suite of products, including the Bayshore IT/OT Gateway, Bayshore IC, Bayshore SE, Bayshore SingleView, and Bayshore PallatonIT Policy Engine, which provide capabilities such as network flow inspection, policy enforcement, and industrial protocol detection. Founded in 2012 and headquartered in Durham, North Carolina, Bayshore Networks has garnered recognition as a leader in its field, being named a Gartner Cool Vendor and a SINET 16 Innovator. The company's solutions are designed to enhance visibility into OT networks for large enterprises, ensuring the safety and security of industrial applications and operations while delivering returns on investment in areas like machine-to-machine cybersecurity, operational continuity, and data loss protection. Bayshore Networks has established strategic partnerships with major technology firms, including Cisco Systems, BAE Systems, and VMware.

Filament

Series A in 2015
Filament builds blockchain hardware and& software solutions for enterprise and IoT. Filament’s distributed blockchain capabilities leverage open protocols so that devices are able to independently process and record transactions, ensuring digital trust. Its new trusted application software and Blocklet Chip, currently in beta, are designed to communicate and interact with multiple blockchain technologies natively. The software, implemented on existing hardware, will deliver a secure distributed ledger technology solution. The Blocklet Chip will allow industrial corporations and enterprises to seamlessly extract the value of recording and monetizing data assets, at the edge of the network, on the sensors themselves.
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