51 - 150 in alphabetical order of CVC unit: Lisa Lambert, founder and president, National Grid Partners
Lisa Lambert is chief technology and innovation officer for energy utility National Grid and founder and president of its corporate venture capital (CVC) vehicle, National Grid Partners (NGP).
The unit was launched in 2018 with $250m in capital, while National Grid committed an additional $150m in April 2021. NGP has now built a portfolio of almost 40 companies, investing in startups at varying stages of development and splitting its partnerships between energy and technology businesses.
Lambert said: “We are investing in and deploying technologies across National Grid’s networks to enhance resilience and reliability, while more easily integrating renewable energy.
“Our company’s ambition is to become the most intelligent, cleanest transmission and distribution network in the world.”
NGP has been a lead investor in more than half of the deals it has been involved with, and over 70% of its portfolio companies have strategic engagements with National Grid itself. NGP’s main investment focuses are on internet of things and grid modernisation, cloud computing, artificial intelligence and analytics, security and energy management.
In recent months, the unit has invested in the $5.5m series A round for grid intelligence provider Copper Labs as well as the $85m series C raise for Compute North, a provider of infrastructure solutions for cryptocurrency miners. NGP also took the lead role on the $6m seed round for Sync Computing, developer of an optimisation processing unit.
Before joining NGP, Lambert worked at venture capital firm The Westly Group, having joined from chipmaker Intel where she had spent 19 years in various roles including vice-president and managing director for its CVC unit, Intel Capital.
Lambert has a bachelor’s degree in management information systems from Penn State University as well as an MBA from Harvard Business School.
