National Grid Partners Achieves Key Milestones: $450M+ Deployed Across 50 Climate Tech Investments
MENLO PARK, Calif., April 11, 2024 /PRNewswire/ -- National Grid Partners (NGP), the corporate venture capital and innovation arm of one of the world's largest utilities, today announced three new investments advancing net zero and climate tech innovation totaling $17 million. The new deals bring NGP to key milestones of 50 investments, surpassing $450 million since the organization's launch in 2018. Together, these new portfolio companies will help NGP bring more clean electricity online, make the grid more dynamic and accelerate decarbonization at scale.
- The new deals bring NGP to key milestones of 50 investments, surpassing $450 million since the organization's launch in 2018.
- Together, these new portfolio companies will help NGP bring more clean electricity online, make the grid more dynamic and accelerate decarbonization at scale.
- "Our latest investments reflect our commitment to investing in innovation everywhere - whether pulling carbon from the high seas or helping National Grid harness AI to drive efficiency.
- "National Grid Partners invests in pioneering technologies that solve today's challenges," said Eleanor Lightbody, CEO of Luminance.