
Next Generation Machinery
NGM – Next Generation Machinery.
Date | Investors | Amount | Round |
---|---|---|---|
* | €350k | Convertible | |
Total Funding | 000k |
Next Generation Machinery B.V. operates as a technical research and development firm focused on creating sustainable energy solutions for heavy machinery. Incorporated in 2020 and based in Dirkshorn, Netherlands, the company aims to decarbonize the construction and agricultural sectors. The company was founded by Ruud Bakker, who leveraged his extensive background in heavy mechanical engineering to address the industry's reliance on fossil fuels. The management team includes Sietse Gerssen as Chief Commercial Officer, who brings experience in leading sales teams in the renewable energy market, and Roy Wester as Chief Technology Officer, a software specialist with a background in entrepreneurship.
The core business involves developing and manufacturing off-grid, clean energy systems to power equipment like excavators, tractors, and generators, which are traditionally diesel-powered. Next Generation Machinery's primary product is a methanol-powered fuel cell generator. This system offers a cleaner alternative to diesel, significantly reducing harmful emissions such as nitrogen oxides and particulate matter. Methanol is central to their strategy as it is a liquid fuel that can be produced from renewable sources like biomass, has a higher energy density than some alternatives, and is safer and easier to transport than hydrogen. The company's business model centers on providing these off-grid energy solutions to clients facing challenges with grid congestion or the unfeasibility of fixed grid connections for their machinery. In addition to standardized products, the firm undertakes custom projects, such as developing an electric driveline for a caterpillar tractor, showcasing its multidisciplinary engineering capabilities.
The company positions itself as a manufacturer of equipment energy systems, integrating methanol-powered fuel cell modules, mobile battery systems, and driveline conversions. This approach enables clients in its target sectors to transition from diesel-powered machinery. The firm is privately held and has received venture capital backing, including a convertible loan of €350,000 from the Innovatiefonds Noord-Holland to support its development and growth.
Keywords: clean energy, heavy machinery, sustainable technology, off-grid power, methanol fuel cell, agricultural machinery, construction equipment, energy systems, driveline conversion, emissions reduction, renewable energy, technical R&D, mobile battery systems, sustainable engineering, decarbonization solutions, alternative energy equipment, fossil-free future, power generators, electric driveline, venture capital-backed