Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe Log In

National Grid Partners invests $19.5 million in five energy startups

ImpactAlpha, November 18 – U.S. and U.K.-based energy utility National Grid has backed clean and smart energy companies AutoGrid, ClimaCell, Leap, Omnidian and Sitetracker. It made the investment via a new Silicon Valley-based venture arm. The group, called National Grid Partners, plans to invest $250 million over the next two to three years.

“Historically, Silicon Valley has left energy investing behind. [National Grid Partners] is now one of the few firms focused on energy’s next renaissance and the wave of Cleantech 2.0.,” National Grid Partners’ Lisa Lambert said. “We want to disrupt ourselves before we are disrupted.”

The venture group’s first five investments include a “hyperlocal” weather forecasting company (ClimaCell), a distributed energy market (Leap), a solar protection plan provider (Omnidian), and two companies focusing on energy data and software.

You might also like...