National Grid Partners

National Grid Partners (NGP) is the corporate venture capital and innovation arm of National Grid plc, one of the world's largest investor-owned energy companies. Established in 2018, NGP focuses on investing in early and growth-stage companies that are developing technologies to make the power grid safer, cleaner, and smarter. With a team combining over 100 years of investing experience and 175 years of utility operations, NGP leverages its deep industry knowledge to identify and support innovative solutions in the energy sector.

NGP's investment strategy encompasses a wide array of technologies, including artificial intelligence, clean energy, infrastructure, and smart grid solutions. The firm has committed over $450 million across 50 climate tech investments, with a significant portion directed towards AI startups that enhance grid efficiency and resilience. Notable investments include Amperon, a provider of AI-powered energy forecasting and analytics solutions, and Captura, a company focused on ocean-based carbon capture technologies. NGP's portfolio companies are strategically engaged with National Grid business units to streamline operations, boost safety and reliability, improve customer service, and accelerate the development of tomorrow's energy networks.

As part of its commitment to innovation, NGP convenes the NextGrid Alliance, a network of senior innovation executives from more than 120 worldwide utility companies. This alliance fosters collaboration and accelerates the adoption of new technologies across the industry. NGP's global presence includes offices in Menlo Park, California; Boston, Massachusetts; London, England; and New York City, New York, enabling it to support a diverse range of startups and initiatives aimed at transforming the energy landscape.