Samsung Next

Samsung Next is a Mountain View, California-based venture capital arm of Samsung Electronics, founded in 2013 (originally as Samsung Global Innovation Center), focused on early-stage investments in transformative software and services startups, with a strong emphasis on AI, blockchain, fintech, healthtech, infrastructure, immersive technologies, and frontier innovations that align with Samsung's strategic growth areas. The firm operates as a corporate venture entity with a history of funds like the $150 million Samsung NEXT Fund announced in 2017, investing opportunistically from seed to growth stages while providing portfolio companies with unique access to Samsung's global platform, business units, partnerships, and resources for accelerated scaling. With over 320 portfolio companies as of late 2025—including 18 unicorns and notable investments in Covariant (AI robotics), Fireflies.ai (AI meetings), Alchemy (blockchain infrastructure), The Sandbox (metaverse), Irreverent Labs (AI entertainment), and recent plays like CoreStory and Generation Lab—Samsung Next remains highly active, backing bold founders pursuing groundbreaking technologies.