National Grid Partners (NGP)

National Grid Partners (NGP) is the investment arm of National Grid, focusing on investing in and developing innovative technologies and business models in the energy sector. With a mission to drive the future of energy, NGP seeks out opportunities to collaborate with startups and entrepreneurs to transform the industry and create sustainable solutions for a cleaner, more efficient energy system. By leveraging their expertise and resources, NGP aims to support and accelerate the growth of innovative companies that are shaping the future of energy.

Lisa Lambert

Partner

Raghuram Madabushi

Director

Andre Turenne

Director

Past deals in Utilities

Amperon

Venture Round in 2025
Amperon is a technology company that provides real-time energy data forecasting and analytics using artificial intelligence and smart meter data. The platform delivers real-time electricity demand forecasts and grid intelligence for utilities, energy retailers, grid operators, and institutional traders to optimize operations, manage risks, and support decarbonization. By leveraging vast smart meter datasets, Amperon translates granular energy usage into actionable insights to improve grid reliability and reduce energy costs. The company is based in New York and serves clients across the energy sector.

Urbint

Series C in 2024
Urbint is a technology company that develops a field risk management platform aimed at enhancing safety for workers and critical infrastructure. By utilizing real-world data and artificial intelligence, Urbint's software predicts potential threats, providing decision-makers with insights about risks up to a week in advance. This proactive approach allows utilities and infrastructure operators to take timely actions to prevent incidents, thereby protecting their workers, assets, and the communities they serve. Many leading energy and infrastructure companies in North America rely on Urbint's solutions to ensure a safer and more resilient operational environment.

TS Conductor

Venture Round in 2024
TS Conductor specializes in advanced electrical transmission conductors. Utilizing a carbon-fiber-composite core instead of steel, their products are lighter, stronger, and more efficient, carrying higher current with reduced energy loss.

AiDASH

Series C in 2024
AiDASH is making critical infrastructure industries climate resilient and sustainable. Using our satellite-first platform for grid inspection and monitoring, our AI applications enable electric and gas utilities and landowners to transform how they manage and maintain their assets. Our customers deliver ROI in their first year of deployment with reduced costs, improved reliability, and advancements in sustainability goals. AiDASH exists to safeguard critical infrastructure and secure the future of humanAIty™. Learn more at www.aidash.com.

Transcend

Series B in 2023
Transcend specializes in software development for automating critical infrastructure design. Its platform generates engineering documentation, enabling businesses to streamline operations, optimize outcomes, and evaluate innovative technologies.

Modern Hydrogen

Venture Round in 2023
Modern Hydrogen is a pioneering energy technology company that develops distributed hydrogen production systems. Their core mission is to enable commercial and industrial operations to generate clean hydrogen on-site, transforming heat from boilers and furnaces into usable power. This process efficiently sequesters carbon, helping clients reduce emissions, save money, and enhance operational resilience during power outages.

LineVision

Series C in 2022
LineVision, Inc. is a company that specializes in developing advanced transmission line monitoring systems for electric utilities. Founded in 2018 and headquartered in Somerville, Massachusetts, LineVision offers a patented non-contact sensor technology that enables real-time monitoring and analytics of overhead power lines. This system provides crucial insights into the health and performance of transmission lines, allowing utilities to enhance capacity, reliability, and safety without the need for scheduled outages or specialized installation equipment. Key features of LineVision's platform include asset management, dynamic line ratings, and a secure web interface for data and analytics. By leveraging these capabilities, LineVision supports utility partners in their efforts to improve grid resilience and facilitate the energy transition.

Copper Labs

Series A in 2022
Copper Labs develops Internet of Things products and services that provide utilities and consumers with real-time energy data from electric, gas, and water meters. Founded in 2016 and based in Boulder, Colorado, the company offers an energy consumption monitoring system that delivers real-time grid-edge intelligence and revenue-grade usage data, with or without smart meters. Using machine learning, its platform collects accurate measurements and generates actionable insights, including consumer-friendly alerts during peak periods, helping utilities engage customers, manage demand, stabilize the grid, and reduce the cost of serving energy.

TS Conductor

Series A in 2021
TS Conductor specializes in advanced electrical transmission conductors. Utilizing a carbon-fiber-composite core instead of steel, their products are lighter, stronger, and more efficient, carrying higher current with reduced energy loss.

AutoGrid

Series D in 2021
AutoGrid Systems is a technology company focused on optimizing energy management through advanced data analytics. Founded in 2011 at Stanford University, AutoGrid develops a suite of flexibility management applications that help utilities, electricity retailers, renewable energy developers, and energy service providers manage distributed energy resources (DERs) in real time. By leveraging vast amounts of smart meter, sensor, and third-party data, the company's applications utilize sophisticated algorithms to monitor, predict, optimize, and control the operations of numerous assets connected to global energy networks. With a team of skilled software architects, engineers, data scientists, and energy experts, AutoGrid aims to address critical energy challenges by integrating and maximizing the potential of the energy internet, ensuring the delivery of clean, affordable, and reliable energy.

AiDASH

Series B in 2021
AiDASH is making critical infrastructure industries climate resilient and sustainable. Using our satellite-first platform for grid inspection and monitoring, our AI applications enable electric and gas utilities and landowners to transform how they manage and maintain their assets. Our customers deliver ROI in their first year of deployment with reduced costs, improved reliability, and advancements in sustainability goals. AiDASH exists to safeguard critical infrastructure and secure the future of humanAIty™. Learn more at www.aidash.com.

Urbint

Series C in 2021
Urbint is a technology company that develops a field risk management platform aimed at enhancing safety for workers and critical infrastructure. By utilizing real-world data and artificial intelligence, Urbint's software predicts potential threats, providing decision-makers with insights about risks up to a week in advance. This proactive approach allows utilities and infrastructure operators to take timely actions to prevent incidents, thereby protecting their workers, assets, and the communities they serve. Many leading energy and infrastructure companies in North America rely on Urbint's solutions to ensure a safer and more resilient operational environment.

LineVision

Series B in 2021
LineVision, Inc. is a company that specializes in developing advanced transmission line monitoring systems for electric utilities. Founded in 2018 and headquartered in Somerville, Massachusetts, LineVision offers a patented non-contact sensor technology that enables real-time monitoring and analytics of overhead power lines. This system provides crucial insights into the health and performance of transmission lines, allowing utilities to enhance capacity, reliability, and safety without the need for scheduled outages or specialized installation equipment. Key features of LineVision's platform include asset management, dynamic line ratings, and a secure web interface for data and analytics. By leveraging these capabilities, LineVision supports utility partners in their efforts to improve grid resilience and facilitate the energy transition.

Copper Labs

Seed Round in 2021
Copper Labs develops Internet of Things products and services that provide utilities and consumers with real-time energy data from electric, gas, and water meters. Founded in 2016 and based in Boulder, Colorado, the company offers an energy consumption monitoring system that delivers real-time grid-edge intelligence and revenue-grade usage data, with or without smart meters. Using machine learning, its platform collects accurate measurements and generates actionable insights, including consumer-friendly alerts during peak periods, helping utilities engage customers, manage demand, stabilize the grid, and reduce the cost of serving energy.

AiDASH

Series A in 2020
AiDASH is making critical infrastructure industries climate resilient and sustainable. Using our satellite-first platform for grid inspection and monitoring, our AI applications enable electric and gas utilities and landowners to transform how they manage and maintain their assets. Our customers deliver ROI in their first year of deployment with reduced costs, improved reliability, and advancements in sustainability goals. AiDASH exists to safeguard critical infrastructure and secure the future of humanAIty™. Learn more at www.aidash.com.

Urbint

Series B in 2020
Urbint is a technology company that develops a field risk management platform aimed at enhancing safety for workers and critical infrastructure. By utilizing real-world data and artificial intelligence, Urbint's software predicts potential threats, providing decision-makers with insights about risks up to a week in advance. This proactive approach allows utilities and infrastructure operators to take timely actions to prevent incidents, thereby protecting their workers, assets, and the communities they serve. Many leading energy and infrastructure companies in North America rely on Urbint's solutions to ensure a safer and more resilient operational environment.

Urbint

Venture Round in 2019
Urbint is a technology company that develops a field risk management platform aimed at enhancing safety for workers and critical infrastructure. By utilizing real-world data and artificial intelligence, Urbint's software predicts potential threats, providing decision-makers with insights about risks up to a week in advance. This proactive approach allows utilities and infrastructure operators to take timely actions to prevent incidents, thereby protecting their workers, assets, and the communities they serve. Many leading energy and infrastructure companies in North America rely on Urbint's solutions to ensure a safer and more resilient operational environment.

Copperleaf

Venture Round in 2019
Copperleaf Technologies Inc., established in 2000 and headquartered in Burnaby, Canada, specializes in enterprise software solutions for asset-intensive organizations worldwide. The company helps clients optimize their capital planning, asset lifecycle management, and budgeting processes by providing data-driven insights. Its flagship product, Copperleaf C55, is an Asset Investment Planning and Management (AIPM) solution that enables risk-informed decision-making through real-time data analysis. Additionally, Copperleaf ESP aids utilities in managing demand-side projects and programs. Serving industries such as electrical power generation, transmission, distribution, gas, and water utilities, Copperleaf's solutions are distributed globally via expert partners. The company is recognized for its growth and commitment to shaping asset management standards, including ISO 55000.

AutoGrid

Venture Round in 2018
AutoGrid Systems is a technology company focused on optimizing energy management through advanced data analytics. Founded in 2011 at Stanford University, AutoGrid develops a suite of flexibility management applications that help utilities, electricity retailers, renewable energy developers, and energy service providers manage distributed energy resources (DERs) in real time. By leveraging vast amounts of smart meter, sensor, and third-party data, the company's applications utilize sophisticated algorithms to monitor, predict, optimize, and control the operations of numerous assets connected to global energy networks. With a team of skilled software architects, engineers, data scientists, and energy experts, AutoGrid aims to address critical energy challenges by integrating and maximizing the potential of the energy internet, ensuring the delivery of clean, affordable, and reliable energy.
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