NGP Capital

NGP Capital, established in 2005 and headquartered in Palo Alto, California, is a global, early-stage venture capital firm with a 1.6 billion dollar fund. It invests in B2B companies from Series A onwards in Europe and the US, focusing on enterprise software, industrial tech, cybersecurity, and infrastructure sectors. With nearly two decades of experience, NGP Capital has invested in over 100 companies, including 18 unicorns and 11 IPOs.

Fernanda Aguiar

Vice President

Paul Asel

Co-Founder and Partner

Eric Fett

Associate

John Gardner

Managing Partner

Yao Ge

Investment Director

Bo Ilsøe

Partner

Monica Johnson

Operating Partner and CFO

Debjit Mukerji

Partner

Debjit Mukerji

Partner

Ossi Tiainen

Associate

Past deals in Industrial Automation

Ati Motors

Series B in 2025
Ati Motors is a manufacturer of all-electric autonomous industrial vehicles designed to enhance operational efficiency in industrial environments and warehouses. The company focuses on self-driving electric cargo vehicles that utilize advanced technologies, including light detection and ranging, cameras, and infrared sensors, to navigate various traffic conditions. Ati Motors' vehicles can seamlessly integrate with existing trolleys and workflows, allowing for the automation of material movement systems both indoors and outdoors. This innovative approach provides industries such as factories and warehouses with fully autonomous solutions to improve productivity and streamline their operations.

ANYbotics

Series B in 2024
ANYbotics AG is a Swiss robotics company founded in 2016 and based in Zurich. The company specializes in developing autonomous legged robots designed for industrial applications, particularly in hazardous and complex environments. These robots feature advanced capabilities such as docking stations, robust waterproof designs, and various sensing technologies. They are equipped to perform tasks like asset monitoring, equipment health checks, and event detection, thereby enhancing productivity and safety for workers in sectors such as oil and gas, power, energy, mining, chemicals, transportation, and construction. With a team of over 100 employees, ANYbotics aims to support industrial facilities in their inspection needs, promoting more sustainable operations through intelligent robotic solutions.

Tractian

Series C in 2024
Tractian specializes in providing asset management and monitoring solutions designed to enhance the efficiency and reliability of industrial operations. The company offers tools for data collection and analysis that enable businesses to track the performance and condition of their assets effectively. Tractian's system integrates with various sensors and devices, facilitating predictive maintenance by offering real-time monitoring capabilities. This makes it easier for maintenance teams and decision-makers in sectors such as manufacturing, logistics, and energy to gain comprehensive oversight of their operations.

GrayMatter Robotics

Series B in 2024
GrayMatter Robotics specializes in addressing complex surface treatment and finishing challenges encountered by manufacturers with high-mix, high-variability production needs. The company develops advanced robotics equipped with proprietary artificial intelligence, which are integrated into smart robotic cells. These systems are designed to assist human operators in performing tedious and ergonomically challenging tasks, thereby enhancing operational efficiency and productivity. By leveraging its innovative technologies, GrayMatter Robotics aims to streamline manufacturing processes, making them more effective and user-friendly for clients in various industries.

Daedalus

Series A in 2024
Daedalus is a contract manufacturing company that specializes in precision parts for the CNC industry. It leverages advanced robotics and artificial intelligence to create reconfigurable production capacity, allowing for instant retooling to accommodate various manufacturing needs. The company offers a software system that enhances manufacturing efficiency and ensures high reliability and transparency throughout the production process. Daedalus is equipped to handle a wide range of production scales, from prototypes to large-scale manufacturing, thereby supporting diverse customer requirements with agility in both process and part complexity.

ANYbotics

Series B in 2023
ANYbotics AG is a Swiss robotics company founded in 2016 and based in Zurich. The company specializes in developing autonomous legged robots designed for industrial applications, particularly in hazardous and complex environments. These robots feature advanced capabilities such as docking stations, robust waterproof designs, and various sensing technologies. They are equipped to perform tasks like asset monitoring, equipment health checks, and event detection, thereby enhancing productivity and safety for workers in sectors such as oil and gas, power, energy, mining, chemicals, transportation, and construction. With a team of over 100 employees, ANYbotics aims to support industrial facilities in their inspection needs, promoting more sustainable operations through intelligent robotic solutions.

Helium

Series D in 2022
Helium Systems Inc. develops Internet-of-Things (IoT) technology, focusing on sensor devices that monitor environmental factors such as temperature, humidity, barometric pressure, motion, and light. These sensors are utilized in various applications, including facility monitoring and quality control for medical products, energy management, air quality assessment, and refrigeration temperature regulation. The company offers a web and mobile dashboard for users to manage and access sensor data. Additionally, Helium operates a decentralized wireless network that enables low-power IoT devices to connect to the internet. This network incentivizes individuals to become network operators, rewarding them with a cryptocurrency for validating network transactions and contributing to the network's integrity. Incorporated in 2013 and based in San Francisco, Helium Systems continues to innovate within the IoT landscape, enhancing the ability to gather insights from smart devices.

Peloton Technology

Series B in 2017
Peloton Technology Inc., founded in 2011 and based in Menlo Park, California, develops advanced active safety systems aimed at enhancing the efficiency of trucking fleets. The company employs radar and Dedicated Short-Range Communications (DSRC) to establish vehicle-to-vehicle links between pairs of trucks. This technology allows for the coordination of acceleration and braking while keeping drivers fully engaged and in control of steering. By forming platoons, Peloton's system significantly reduces aerodynamic drag, resulting in fuel savings of over 7% during on-road testing for both the leading and trailing trucks. In addition to improving fuel efficiency, Peloton's solutions help mitigate collision-related expenses, addressing critical issues faced by the trucking industry.

Peloton Technology

Venture Round in 2015
Peloton Technology Inc., founded in 2011 and based in Menlo Park, California, develops advanced active safety systems aimed at enhancing the efficiency of trucking fleets. The company employs radar and Dedicated Short-Range Communications (DSRC) to establish vehicle-to-vehicle links between pairs of trucks. This technology allows for the coordination of acceleration and braking while keeping drivers fully engaged and in control of steering. By forming platoons, Peloton's system significantly reduces aerodynamic drag, resulting in fuel savings of over 7% during on-road testing for both the leading and trailing trucks. In addition to improving fuel efficiency, Peloton's solutions help mitigate collision-related expenses, addressing critical issues faced by the trucking industry.

Digital Lumens

Series C in 2014
Digital Lumens, Inc. designs and develops LED-based lighting systems tailored for commercial and industrial environments globally. The company offers a comprehensive suite of products, including LightRules, an advanced lighting and energy management software, as well as LED high bay and linear lighting solutions. Their digital light agents enable traditional fixtures to integrate into intelligent lighting systems. The company’s offerings are utilized across various sectors, including warehousing, sports facilities, hazardous locations, parking garages, manufacturing, retail, cold storage, transportation, and agriculture. By incorporating IoT sensors and software, Digital Lumens creates smarter lighting systems that enhance efficiency and sustainability, delivering significant energy savings for large facilities. Founded in 2008 and based in Boston, Massachusetts, Digital Lumens is a subsidiary of OSRAM Licht AG and has established itself as a leader in transforming lighting into a platform for operational insights.
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