nxtControl develops software solutions for industrial and building automation. The company is a global technology leader in the field of distributed control systems according to IEC 61499 and object-oriented engineering. The products of nxtControl reduce engineering costs and enable industry 4.0 and lloT solutions through adaptable, distributed and data-continuous control technology. The dynamically growing company was founded in 2007 with the goal of fundamentally improving the automation world.
In 2009, tecnet equity and eQventure jointly invested in the company as part of a seed round and supported the team in building the company and its strategic development. Since then the two funds have accompanied the start-up through several financing rounds in the development of the team, product and internationalisation.
In June 2017 nxtControl was acquired by the French electrical engineering group Schneider Electric.