National Grid Partners takes a minority stake in Terragrit

● GROWTH | ENERGY/UTILITIES · Grid & DER Management

SEPTEMBER 18, 2026

National Grid Partners takes a minority stake in Terragrit

TARGET

AI-powered operational decision virtualization platform that lets utility, manufacturing, and energy teams build working models of physical operations, test proposed changes, and assess impact before field implementation.

Ownership	VC-backed · Dell Technologies Capital, General Catalyst, Industry 4.0 Accelerator, Intel Capital, M Ventures
Headcount	150 FTEs
Headquarters	San Francisco, California
Leadership	Sam Nagar, Founder and CEO
Sell-side advisor	—

INVESTOR

National Grid Partners

Venture investment and innovation arm of National Grid focused on accelerating the energy transition

Headquarters	Menlo Park, California
Deal team	Arun Chetty
Buy-side advisor	—

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National Grid Partners -> Terragrit  (2026-09-18)
minority_investment | Energy/Utilities | announced
Target: AI-powered operational decision virtualization platform that lets utility, manufacturing, and energy teams build working models of physical operations, test proposed changes, and assess impact before field implementation.
Website: terragrit.com | Buyer site: ngpartners.com
HQ: San Francisco, California | Ownership: vc-backed | Buyer sponsor: National Grid | Buyer ownership: subsidiary (NYSE: NGG)
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/national-grid-partners-terragrit.html

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