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
6
companies
Luminance
Luminance builds specialist artificial intelligence to automate legal document generation and contract negotiation.
ev.energy
ev.energy operates a software platform for managed electric vehicle charging.
Risilience
Risilience provides climate analytics software that helps global enterprises manage their low-carbon transition.
Sensat
Sensat provides digital twin software to digitise and streamline large construction and infrastructure projects.
Panaseer
Panaseer provides a continuous controls monitoring platform for enterprise security.
Audio Analytic
Audio Analytic develops AI sound recognition software to give machines a sense of hearing.
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.
LinkedInBobby Kandaswamy
Senior Director of Pathfinding & Incubation Investments
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."
National Grid Partners led the Series B round to support digital automation in infrastructure projects.
"We are delighted to welcome National Grid Partners as a shareholder and look forward to serving utility customers in the UK, US and beyond, bringing a new era in digital automation for the utility and wider infrastructure sectors."
AllegisCyber Capital led the financing round with participation from a roster of new and existing investors.
"The emergence of Continuous Controls Monitoring as a new cybersecurity category demonstrates a 'coming of age' for cybersecurity. Cyber is the existential threat to the global digital economy. All levels of the enterprise, from the CISO, to Chief Risk Officer, to the Board of Directors are demanding comprehensive visibility, transparency and hard metrics to assess cyber situational awareness. Panaseer has demonstrated itself as the leader in this critical new category and we are excited to be working with the team to further advance its leadership role in this essential market."
National Grid Partners joined existing investors Cambridge Innovation Capital and IQ Capital in backing the sound recognition specialist.
"Our Series A round in 2017 raised $5.5m. Since then we’ve doubled the size of the company, licensed our technology to leading players and seen their products make a significant impact on the smart home market,"
