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National Grid Partners

Corporate VC

National Grid Partners is the corporate venture capital and innovation arm of National Grid, founded in 2018. Surpassed $500 million deployed across 46 companies. The utility industry's only Silicon Valley-based corporate venture group.

San Francisco, United States · 33+ investments · 23 portfolio companies

Early Stage
Growth
Artificial Intelligence
Clean Tech
Cybersecurity
Energy
Headquarters
San Francisco, United States
Founded
2018
Website
ngpartners.com
AUM
$500.0M
Portfolio Companies
23
Total Investments
33
Last Investment
Feb 2026
Geographic Focus
United States, United Kingdom, Global

Investment Thesis

Corporate venture arm of National Grid investing in energy transition technologies including AI, cybersecurity, grid modernization, and cleantech at seed to growth stages to solve utility challenges.

National Grid Partners is a Corporate VC firm based in San Francisco, United States. It has made 33 investments in Artificial Intelligence and Clean Tech, including Niobium Microsystems, Nu Quantum and Adaptive Computing.

Portfolio23

Co-investors24

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24 co-investors across 35 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×23 · Sovereign Wealth Fund ×1 · 39 shared rounds

Investment History

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