National Grid Partners is the venture investment and innovation arm of National Grid plc, operating offices in Silicon Valley, Boston, London, and New York.
Portfolio
7
companies
Audio Analytic
Audio Analytic develops AI sound recognition software to give machines a sense of hearing.
Luminance
Luminance builds artificial intelligence technology to automate and manage enterprise contract lifecycles.
Nu Quantum
Nu Quantum builds distributed quantum computing infrastructure.
Panaseer
Panaseer provides a continuous controls monitoring platform for enterprise security.
Risilience
Risilience provides climate analytics software that helps global enterprises manage their low-carbon transition.
SenSat
SenSat creates artificial intelligence powered digital representations of physical locations for infrastructure industries.
Lisa Lambert
Chief Technology and Innovation Officer and Founder and President
Lisa founded Whitestone Investors III, National Grid Partners, and UPWARD Women, alongside serving as chief investment officer for private markets at the George Kaiser Family Foundation. She also acts as a board member for Lucid Motors.
LinkedIn
Ian Cooper
Managing Director
Ian brings systems engineering experience from roles at Rimac Energy, hofer powertrain, Arrival, and Jaguar Land Rover. He also brings corporate venture capital experience from National Grid Partners.
LinkedIn
Bobby Kandaswamy
Senior Director of Pathfinding & Incubation Investments
Bobby brings investment and startup experience from roles including Senior Director of Pathfinding and Incubation Investments at National Grid Partners and chief executive positions at Forbie and toSense.
LinkedInThe Cambridge startup secured backing from National Grid Partners and Gresham House Ventures to scale its distributed quantum computing architecture.
"When we launched seven years ago, very few were thinking about networked or distributed quantum computing as a strategy for scaling, but we saw it as one of the most urgent and challenging outstanding problems in the industry, and set out to solve it. We’ve made great strides in shaping the market and the technology since then."
Point72 Private Investments led the round to support global expansion and research initiatives.
"We know this market well and strongly believe in the power of next-generation AI to revolutionise contracting processes across the enterprise. We are excited to back Luminance as it continues building a specialist and trusted technology that has already been adopted by many of the world’s largest organizations. Their team, strategy and vision positions them well to win this market."
March Capital led the Series B round with backing from National Grid Partners and Slaughter and May to fund expansion in the United States.
"This latest round of funding will help us to bring our technology to new markets, strengthen our foothold in the United States where Luminance now generates over one third of its revenue, and solidify our position as the clear market leader in this space."
National Grid Partners led the Series B round to help scale the electric vehicle software platform across Europe and North America.
"In the next few years, total EV demand in most developed countries will surpass the energy output of even the largest power plants – for example, the behemoth Palo Verde Generating Station in the US. As more EVs come online, optimised charging and load maintenance will remain critical tools for ensuring grid stability. By being able to shape and control EV load, ev.energy can both benefit the grid and help drivers to charge using the greenest and cheapest energy."
Quantum Innovation Fund led the Series B round, with participation from IQ Capital and National Grid Partners.
"We believe that the road to net zero presents an opportunity as well as a risk for global enterprises and our unique combination of technology combined with world-class risk science supports our clients to mitigate risks, as well as capitalise on opportunities. With companies under increasing regulatory and shareholder pressure to understand, report and mitigate their potential climate impact, this additional equity funding will help us support them at each stage of their journey."
