NGP Capital Overview

NGP Capital backs early-stage B2B companies from Series A onwards in the U.S., Europe, Israel, and China within enterprise software, industrial tech, cybersecurity, and infrastructure. Through its $400m fifth fund launched in 2022, NGP Capital invests in companies driving the convergence of the physical and digital. Founded in 2005, NGP Capital has over $1.6B in AUM and has invested in more than 100 companies, of which 18 became unicorns and 11 went on to IPO. Some of the companies NGP has backed include Scandit, Lime, Coda, Deliveroo, SecurityScorecard, and many others. Visit www.ngpcap.com for more information

Is NGP Capital the right investor for your startup? Browse their investment focus, stage preferences, and geographic scope to see how well they align with your fundraising goals. Your full match score with NGP Capital, along with a list of other relevant VCs, is available on Hopohopo.io.

NGP Capital

VC Fund

Investment focus

Solution stages

  • Fully working product

Revenue needed

  • €500,000 - €3,000,000

Invest in

  • Baltics
  • Nordics
  • Western Europe
  • Southern Europe
  • Central Eastern Europe
  • North America 1 / 5
View all

Customer types

  • B2B

Product type

  • Software
  • Software-enabled hardware

Industries / verticals

  • AgriTech / FoodTech
  • AI Infrastructure & AI Model Development
  • Cybersecurity / Identity
  • Engineering / Manufacturing
  • Industrial Automation
  • IT Infrastructure & Cloud
  • Logistics / Supply Chain
  • Maritime / Ocean
  • SpaceTech / Aviation

Investment role

Lead and follow

Stages

Series A, Series B or later

First ticket size

€5,000,000 - €15,000,000

How to approach funds like NGP Capital

When approaching NGP Capital, founders should highlight scalable B2B solutions with clear market traction and a path to global expansion. Demonstrate how your technology addresses critical pain points in enterprise or industrial settings, and be prepared to discuss metrics that show early adoption or strong customer validation. NGP Capital values teams with deep domain expertise and a vision for category leadership, so emphasize your team's unique insights and ability to execute in complex, competitive markets.

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