• National Grid unveils $250M corporate venture capital arm

    12 days ago - By Tech Crunch

    National Grid, the Northeast's natural gas and electricity company, is planting a flag in Silicon Valley with the launch of National Grid Partners.
    Led by former Intel Capital vice president and managing director Lisa Lambert, NGP has $250 million to invest in growth-stage technology startups over the next two to three years. Based in Las Gatos, NGP plans to invest in 10 to 15 startups per year.
    “We want to disrupt ourselves before we are disrupted,” Lambert told TechCrunch. “That's the only way to protect yourself in a world where really nobody is safe.”
    Deal size will vary, according to...
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