National Grid Partners (NGP) is the corporate venture and innovation arm of National Grid plc, one of the world's largest investor-owned energy companies. Launched in 2018 and headquartered in Menlo Park, California, NGP invests in startups at the intersection of energy and emerging technologies — including AI, cybersecurity, and enterprise software — to accelerate the energy transition.
Deal activity decreased year-over-year (1 deals in the last 12 months vs 3 prior). Average disclosed round size is $42.7M (across 31 rounds with reported amounts).
Portfolio
30
Fund Size
—
Top Stage
Series B
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
37 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 VulnCheck | Series B | — | Feb 2026 |
 Amperon | Unknown | — | Mar 2025 |
 Luminance | Series C | — | Feb 2025 |
 Urbint | Growth | $35M | Oct 2024 |
 AIDash | Series C | — | Apr 2024 |
 Captura | Series A | — | Apr 2024 |
| Luminance | Series B | $40M | Apr 2024 |
 Exodigo | Series A | $105M | Feb 2024 |
 ev.energy | Series B | $33M | Jul 2023 |
 AptEdge | Seed | $11M | Jun 2023 |
| ev.energy | Unknown | — | May 2023 |
 Risilience | Series B | $26M | Feb 2023 |
 Sitetracker | Series D | $96M | Sep 2022 |
| CCopper Labs | Seed | $5.5M | Mar 2022 |
 Sensat | Series B | $20.5M | Jan 2022 |
 Cyolo | Series A | $21M | Jul 2021 |
 Panaseer | Series B | $26.5M | May 2021 |
 Incorta | Series D | $120M | Jan 2021 |
 Dragos | Series C | $110M | Dec 2020 |
| Urbint | Series B | $20M | Jun 2020 |
 1touch.io | Series A | $14M | Jan 2020 |
 OneTouch | Unknown | $14M | Jan 2020 |
 Audio Analytic | Series B | $12M | Jan 2019 |
| AIDash | Unknown | $91.5M | — |
 Leap | Series A | $8.2M | — |
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Top Co-Investors
Energy Impact Partners5 shared
Clearvision Ventures5 shared
H.I.G. Growth Partners4 shared
Energize Capital3 shared
NTT DOCOMO Ventures3 shared
Salesforce Ventures3 shared
Ocean Azul Partners3 shared
March Capital2 shared
S2G Ventures2 shared
Blue Earth Capital2 shared
IQ Capital2 shared
Piva Capital2 shared
Shell Ventures2 shared
Duke Energy2 shared
Edison Partners2 shared
Sorenson Capital2 shared
Congruent Ventures2 shared
Mindset Ventures2 shared
Jerusalem Venture Partners2 shared
Neotribe Ventures2 shared
Last updated: 8 September 2026