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 (2 deals in the last 12 months vs 3 prior). Average disclosed round size is $44.1M (across 56 rounds with reported amounts).
Portfolio
45
Fund Size
—
Top Stage
Series B
Last 12 Mo
2
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
67 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 VulnCheck | Series B | — | Feb 2026 |
| UUniphore Software Systems Private Limited | Series C | — | Oct 2025 |
 Amperon | Unknown | — | Mar 2025 |
 Luminance | Series C | — | Feb 2025 |
 Uniphore | Series F | $260M | Jan 2025 |
| Luminance | Series C | $75M | Jan 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 |
 TS Conductor | Growth | $60M | Jan 2024 |
 ev.energy | Series B | $33M | Jul 2023 |
 AptEdge | Seed | $11M | Jun 2023 |
| ev.energy | Series A | — | May 2023 |
 Risilience | Series B | $26M | Feb 2023 |
 1touch.io | Series B | $14M | Jan 2023 |
| Risilience | Series B | $26M | Jan 2023 |
 Cyolo | Series B | — | Oct 2022 |
 Sitetracker Inc | Series D | $96M | Sep 2022 |
| SSync Computing | Unknown | $15.5M | Aug 2022 |
| CCopper Labs | Seed | $5.5M | Mar 2022 |
| CCopper Labs | Series A | $5.5M | Mar 2022 |
 HelixIntel | Seed | $4M | Mar 2022 |
| MModern Electron | Series B | $30M | Feb 2022 |
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Top Co-Investors
March Capital9 shared
Energy Impact Partners8 shared
Clearvision Ventures7 shared
Energize Capital6 shared
Cambridge Angels5 shared
IQ Capital5 shared
Chiratae Ventures5 shared
Prosperity7 Ventures4 shared
H.I.G. Growth Partners4 shared
Salesforce Ventures4 shared
New Enterprise Associates4 shared
Slaughter and May3 shared
Point72 Private Investments3 shared
Blue Earth Capital3 shared
Realty Corporation3 shared
NTT DOCOMO Ventures3 shared
Story Ventures3 shared
Future Energy Ventures3 shared
India Quotient3 shared
Edison Partners3 shared
Last updated: 20 October 2026