National Grid Partners, which has deployed $227m since it was formed, has been allocated a further $150m for strategic investments.
UK-headquartered energy utility National Grid committed an additional $150m to its corporate venturing arm, National Grid Partners (NGP), today.
NGP was launched in 2018 with $250m in capital, $227m of which has now been invested to build a portfolio of approximately 25 companies including conversational speech software provider Uniphore, which raised $140m last month, and Dragos, the cybersecurity technology producer which secured $110m in December 2020.
The two newest companies in the portfolio, US-based spatial intelligence software developer Pathr…
