National Grid created NGP to ‘disrupt itself’ and advance the energy systems of tomorrow. This includes investing in seed-stage and mature startups at the intersection of energy and emerging tech; innovating new businesses from scratch; and infusing an entrepreneurial culture into National Grid.
NGP is dedicated to creating a smarter, renewable future.
NGP focuses broadly on helping National Grid perform our core operations better and playing a central role in the global transformation of energy. AI & Analytics, Cloud, IoT, Smart Grid, and Security are all of interest to us. But we also love ideas that don’t fit any existing category.
With a $400 million investment allocation, our portfolio already includes 37 startups, and more than 50% of the time we’ve been the lead investor in these deals.
We invest in the potential of energy.
We are the venture investment and innovation arm of National Grid plc., one of the largest investor-owned energy companies in the world.
- 400M Investment Allocation (in USD)
- 44 Investments
- 50% Lead Investor In New Deals
- 6 Exits
- 80% of portfolio companies have strategic engagements with National Grid
- 230+ Startup Technologies Introduced to National Grid
- 16 Innovation Projects Completed
We focus on Decarbonization, Decentralization and Digitalization of the energy industry, investing in four categories:
- Customer-focused solutions
- Modern assets & operations
- Smart enterprise
- Utility of the future