National Grid Partners
National Grid Partners (NGP) is the corporate venture capital and innovation arm of National Grid, investing in early- to growth-stage startups focused on clean energy, grid modernization, decarbonization, and energy infrastructure technology. It also serves as a strategic bridge between innovative energy tech companies and National Grid's operating utility business across the U.S. and UK markets.
“Gridcare, a two-year-old startup based in Redwood City, CA, that uses physics-based AI to identify unused electrical grid capacity and accelerate power connections for data centers and AI infrastructure, raised a $64 million Series A round led by Sutter Hill Ventures, with John Doerr, National Grid Partners, Future Energy Ventures, Emerson Collective, and Stanford University... also piling on.”
Source→“Gridcare, a Redwood City, Calif.-based provider of underused energy detection software, raised $64m in Series A funding.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.