# National Grid: portfolio, investments and team > National Grid is a vc firm based in United Kingdom. 13 investments on record, 3 in the last 12 months, latest Jul 2026. Source: https://millionrounds.com/fund/national-grid-partners (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Investor](https://millionrounds.com/investors) # National Grid Last cheque observed Jul 2026; 13 cheques on record. Email VC firm Deploying now Series B Series A Series C Batteries Climate Impact (Broad) Climate Tech Follow National Grid and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fnational-grid-partners) Deploying now **100%** of best year **3** **cheques in 12 months**, 13 on record Since the last cheque **120** days **00** hrs **00** min **00** sec Median round **$35M** Rounds led **3 of 13** Sole investor **1 rounds** Mostly in **United States, 77%** Pitch National Grid ## National Grid highlights - 01 3 cheques in the last 12 months - 02 Mostly Series B and Series A: 64% of its rounds - 03 Sole investor in 1 rounds, median $1.8B ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Sectors:** Batteries Climate Impact (Broad) Climate Tech - **Based in:** London, United Kingdom - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **13 appearances** - **2026** 2 rounds - **Jul** **[Joulent](https://millionrounds.com/company/joulent)** Growth · US · TechStartups **$1.8B** *Led* - **May** **[GridCARE](https://millionrounds.com/company/gridcare)** Series A · US · Ventureburn **$64M** With 5 others - **2025** 2 rounds - **Dec** **[Nu Quantum](https://millionrounds.com/company/nu-quantum)** Series A · GB · Firms' own news pages **$60M** *Led* - **Feb** **[Luminance](https://millionrounds.com/company/luminance)** Series C · GB · Firms' own news pages **$75M** With 7 others - **2024** 1 round - **Apr** **[AiDash](https://millionrounds.com/company/aidash)** Series C · US · Firms' own news pages **$59M** With 10 others - **2021** 1 round - **Apr** **[AccuKnox](https://millionrounds.com/company/accuknox)** Seed · US · Z5 Capital **$4.6M** *Led* - **2019** 6 rounds - **Dec** **[EdCast](https://millionrounds.com/company/edcast)** Series D · US · FinSMEs **$35M** With 7 others - **Jun** **[Omnidian](https://millionrounds.com/company/omnidian)** Series A · US · FinSMEs **$15M** With 6 others - **Jun** **[Audop Analytics](https://millionrounds.com/company/audop-analytics)** Series B · GB · Audioanalytic **$12M** With 2 others - **May** **[Sitetracker](https://millionrounds.com/company/sitetracker)** Series B · US · FinSMEs **$10M** With 3 others - **Apr** **[Pixeom](https://millionrounds.com/company/pixeom)** US · FinSMEs **$15M** With 1 other - **Jan** **[Aporeto](https://millionrounds.com/company/aporeto)** Series B · US · FinSMEs **$20M** With 3 others - **2018** 1 round - **Nov** **[Dragos](https://millionrounds.com/company/dragos)** Series B · US · FinSMEs **$37M** With 2 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team We hold **14** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the UK company register, which it must file accurately by law **4+** funds on file numbered funds in its name - **Companies House:** 09874533, since 2015 ## Companies it bought Acquisitions by the firm itself **KeySpan Corporation** **$12B** Aug 2007 ## The cheque Series B Series A Series C Median round joined **$35M** the round, not its cheque Alone, median **$1.8B** Led 3 of 13 rounds **23%** - **Sole investor:** 1 rounds - **Last cheque:** Jul 2026 Rounds by stage said on their site - Series B *4* - Series A *3* - Series C *2* - Seed *1* - Growth *1* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [IQ Capital](https://millionrounds.com/fund/iq-capital) 2 **Pitching National Grid?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as National Grid. A count of rooms they were both in, not a relationship either has claimed. [**IQ Capital** VC firm **2** rounds together](https://millionrounds.com/fund/iq-capital) ## Recently backed The latest companies National Grid put money into. [**GridCARE** $64M · May 2026](https://millionrounds.com/company/gridcare)[**Nu Quantum** $60M · Dec 2025](https://millionrounds.com/company/nu-quantum)[**Luminance** $75M · Feb 2025](https://millionrounds.com/company/luminance)[**AiDash** $59M · Apr 2024](https://millionrounds.com/company/aidash)[**AccuKnox** $4.6M · Apr 2021](https://millionrounds.com/company/accuknox)[**EdCast** $35M · Dec 2019](https://millionrounds.com/company/edcast) ## Mentioned on podcasts Episodes that name National Grid in their description, not their title. - [UKTN: The Podcast](https://millionrounds.com/podcasts/uktn) 11 Feb 2025 · 30 min The critical future of Britain’s data centres - Dawn Childs, Pure Data Centres Group Mentions [National Grid](https://millionrounds.com/fund/national-grid-partners) Apple PodcastsShow page - [UKTN: The Podcast](https://millionrounds.com/podcasts/uktn) 29 Jul 2024 · 27 min The possibilities and perils of legal sector AI adoption – Eleanor Lightbody, CEO, Luminance Mentions [March Capital](https://millionrounds.com/fund/march-capital)[National Grid](https://millionrounds.com/fund/national-grid-partners) Apple PodcastsShow page - [Inevitable](https://millionrounds.com/podcasts/inevitable) 3 Jul 2023 · 50 min Green Banking in Action Mentions [National Grid](https://millionrounds.com/fund/national-grid-partners) Apple PodcastsShow page ## Quick answers about National Grid ### What does National Grid invest in? National Grid invests most often at Series B and Series A (64% of the rounds on record), in sectors such as Batteries, Climate Impact (Broad) and Climate Tech. ### How active is National Grid? 13 investments on record, 3 of them in the last 12 months, and it led 3. The most recent was in Jul 2026. ### What has National Grid invested in recently? Its most recent investments on record: Joulent (Growth, Jul 2026), GridCARE (Series A, May 2026) and Nu Quantum (Series A, Dec 2025). ### How big are National Grid's cheques? The median round it joins is $35M. ### Does National Grid lead rounds? Yes: it led 3 of its 13 investments on record (23%). ### Where does National Grid invest? Most of the companies it backs are in the United States (77%) and the United Kingdom (23%). ### Is National Grid investing now? Yes: it is actively investing, with 3 investments in the last 12 months. ### Who does National Grid invest alongside? Most often IQ Capital (2 rounds together). ## Raising now? 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