Fundraising Fox

NGP Capital

Venture capital

Berlin · Pre-Seed–Growth · 46 people tracked

Also known as NGP CAPITAL US, LLC · NGP MANAGEMENT CO. OY · Nokia Growth Partners

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Investment thesis

NGP Capital invests under a thesis it calls 'The Great Convergence,' based on the belief that the physical and digital worlds are merging to unlock breakthroughs that reshape how people live and work. The firm backs early-stage B2B companies driving this shift across global markets.

Source: firm website, verified Aug 25, 2026.

Stage
Pre-Seed–Growth
Check
$8M – $12M
HQ
Berlin, California, DE
Leads rounds
Follows
Instruments
Equity
Founded
2005
AUM
$1.2B
VC funds
4
Tracked investments
119

Team · 46 people

from the firm's website & public directories
Matti Vänskä· Partner, Ecosystem and Portfolio Development
Ann Rosenberg· Advisor

Sustainability Advisor and Customer Engagement specialist at Celonis with former experience at SAP.

Anna Teyssot· Advisor

Managing Partner at Exergon with former experience as CEO of Verkor.

Guido Jouret· Advisor

Former executive at ABB, Nokia, and Cisco.

Jon Gelsey· Advisor

Former CEO of Xnor.ai.

Joschka Fischer· Advisor

Former German Foreign Minister and Vice Chancellor.

Markus Suomi· Advisor

Vice President of Engineering at HERE.

Partha Ramachandran· Advisor

Senior Vice President of Engineering at Project44 leading engineering and technology divisions.

Per Vegard Nerseth· Advisor

Former CEO of CMR Surgical.

Scott Bonham· Advisor

Founding Partner at GGV Capital and Magna Board Director.

What they invest in

from 52 of 119 portfolio companies

AI & Machine Learning ×23Enterprise Software ×19SaaS ×17Cloud Computing ×7Cybersecurity ×6Data & Infrastructure ×6Logistics & Supply Chain ×6Advanced Manufacturing ×5

HQs:United States×27Germany×4Switzerland×2Brazil×1China×1Finland×1

Who they back

founder profiles across 35 portfolio companies
43%
solo founders
15 of 35 mapped founding teams
30%
repeat founders
of 23 founders with career history

Founding team size:solo founder×152 founders×113 founders×74+ founders×2

Where their founders studiedfrom 26 founders with education data

ETH Zürich ×4Indian Institute of Technology, Delhi ×3Massachusetts Institute of Technology ×3University of Pennsylvania ×3Sciences Po ×2University of Southern California ×2University of Zurich ×2

Where their founders worked beforefrom 23 founders with career history

Google ×3Airbus ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×4

4 founders hold a PhD · 1 hold an MBA (of 24 with degree data)

Investments · 119 tracked

founders shown can be your intro path

By year:2025 · 32024 · 22022 · 12021 · 12019 · 12015 · 32014 · 213 dated

Kalturakaltura.comin𝕏NASDAQ: KLTR

Kaltura provides AI-powered video platforms for live and on-demand digital experiences that enable brands and organizations to engage audiences and achieve business goals.

AI & Machine LearningEnterprise SoftwareMedia & EntertainmentNew York, US

Ron Yekutiel(Founder)

Co-investors.406 VenturesAvalon Ventures Management, LlcLuminari CapitalMitsui Global InvestmentRuna CapitalSapphire Ventures+3 more

Bitobito.aiin𝕏✓ verified

Bito offers AI Architect, a tool that builds a knowledge graph from a company's code, commits, issues, and docs to provide system context for coding agents across technical design, code generation, and pull request reviews.

AI & Machine LearningDeveloper ToolsEnterprise Software

Co-investorsNextView VenturesVela Partners2.12 AngelsEniac VenturesParade VenturesWestern Technology Investment

Security Scorecardsecurityscorecard.comin𝕏✓ verified

SecurityScorecard provides third-party risk management (TPRM) software using AI to help organizations identify, monitor, and mitigate cybersecurity risks across their supply chain and vendor networks.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaSNew York, US

Aleksandr Yampolskiy(Founder & CEO)inSam Kassoumeh(Co-Founder, Head of Product)Dr. Aleksandr Yampolskiy(Chief Executive Officer & Co-Founder)in

Co-investorsboldstart venturesEvolution Equity PartnersIntel CapitalRiverwood CapitalAXA Venture PartnersAccomplice+6 more

CityMapsJul 2015SEC filingmedium confidence

New York, US

Elliot Cohen(Executive Officer, Director)Aaron Rudenstine(Executive Officer, Director)

BoardDavid Leyrer(Director)

Board seatPaul Asel· per SEC Form D · $2M raise · filed Jul 2015

WorkFusionworkfusion.comin𝕏Dec 2015

WorkFusion provides AI agents that perform anti-money laundering (AML) and compliance analysis work, including payment sanction screening, alert review, and enhanced due diligence for financial institutions and compliance teams.

AI & Machine LearningEnterprise SoftwareFintechNew York, US

Andrew Volkov(Executive Officer, Director)Max Yankelevich(Executive Officer, Director, Promoter)Richard Campbell(Executive Officer)Adam Famularo(Executive Officer, Director)inAlex Lyashok(Executive Officer)

BoardJustin Lafayette(Director)

Board seatPaul Asel· per SEC Form D

Co-investorsDeclaration PartnersGreycroftInovia CapitalKensington Capital Partners LimitedPeak PartnersGeorgian

AgotoZ

High-speed network transmission services for enterprise network transmission needs

Akeylessakeyless.ioin𝕏

Akeyless offers a secrets and identity management platform that centralizes credential storage, automates secret rotation, and enforces just-in-time access with zero standing privileges.

Cloud ComputingCybersecurityDeveloper ToolsEnterprise SoftwareSaaS

Oded Hareven(Co-Founder and CEO)inRefael Angel(Co-Founder and CTO)inShai Onn(Co-Founder and President)Ronen Fischler(COO)Omer Cohen(CFO)Yael Fainaro(CSO)

Co-investorsJerusalem Venture Partners (JVP)JVPTeam8Team8 Capital

Amorcode
Anyboticsanybotics.comin𝕏

ANYbotics develops autonomous robots that perform inspection and maintenance tasks in industrial facilities, particularly in energy, oil & gas, and manufacturing sectors.

Advanced ManufacturingDeep TechEnergyHardwareIoTRoboticsZurich, CH

Dr. Péter Fankhauser(Co-Founder & CEO)in

PartnerChristian Noske· led

Co-investorsBessemer Venture PartnersAramco VenturesWalden CatalystBootstrap EuropeClimate InvestmentQualcomm Ventures+4 more

Armorcodearmorcode.comin𝕏

ArmorCode provides unified vulnerability management and application security posture management for enterprises, aggregating findings across security tools to prioritize and remediate security risks in software, cloud infrastructure, and AI systems.

AI & Machine LearningCybersecurityEnterprise Software

Nikhil Gupta(Founder)in

Co-investorsBallistic VenturesCervinCheyenne VenturesHarmonic Growth PartnersSierra VenturesTau Ventures+1 more

Ati Motorsatimotors.comin𝕏Jan 2025 · $20M

Ati Robotics builds factory-hardened autonomous mobile robots (AMRs) and an AI-driven orchestration platform (Ati Flow/Ativerse) that coordinates material movement on manufacturing floors and integrates with ERP and MES systems.

Advanced ManufacturingIoTRoboticsRochester Hills, US

Saurabh Chandra(Executive Officer, Director)

BoardChinnugounder Senthilkumar(Director)Arpit Agarwal(Director)inRohit Sharma(Director)inNihar Ranjan(Director)

Co-investorsAthera Venture PartnersExfinity VenturesBlume VenturesTrue VenturesWalden Catalyst

Babbel
Bitboys

Hardware development and licensing

BY EGYMnetpulse.comin

Netpulse provides a branded mobile fitness app for gyms and health facilities, offering features such as slot booking, workout tracking with wearable integrations, member challenges, and points-based activity levels.

SaaSSports TechWellness & FitnessSan Francisco, US

John H. Ford(Executive Officer)John Gengarella(Executive Officer, Director)Thomas Proulx(Executive Officer, Director)

BoardDavid Marquardt(Director)inJed Katz(Director)inMark Mastrov(Director)

Co-investorsAugust CapitalFrontier Venture CapitalJavelin Venture Partners

CedexisDec 2014

Cloud-based web traffic optimization

Portland, US

Julien Coulon(Director)Martin Kagan(Executive Officer, Director)Robert McCarthy(Executive Officer)

BoardSteve Baloff(Director)Len Jordan(Director)Scott Grout(Executive Officer, Director)

Co-investorsMadrona Venture Group

Celectcelect.com

Boston, US

Vivek Farias(Director, Promoter)Devavrat Shah(Mr. Shah is also the Chief Scientist of the Issuer.)John Andrews(Mr. Andrews is the Chief Executive Officer of the Issuer.)

BoardVivek Mehra(Director)in

Co-investorsActivant CapitalAugust Capital

Chunmi
Cloudmarkcloudmark.comin𝕏

Cloudmark offers messaging security and compliance solutions that protect against spam, phishing, SMiShing, viruses, and malware across mobile messaging, email, rich communications, and social media.

CybersecurityEnterprise SoftwareSaaS

Co-investorsAccelerator VenturesFTV CapitalIndustry VenturesSummit Partners

Cluehelloclue.com𝕏

Clue is a menstrual and reproductive health app that lets people track their periods, cycle, ovulation, fertility, and related symptoms, and contributes anonymized data to scientific research with institutions such as Johns Hopkins and the Gates Foundation.

ConsumerDigital HealthFemTechWellness & FitnessBerlin, DE

Ida Tin(Co-founder & former CEO)Hans Raffauf(Co-founder)Moritz von Buttlar(Co-founder)Mike LaVigne(Co-founder)Rhiannon White(CEO)Greg Ryzhov(CTO)

Co-investorsBalderton CapitalFuture Positive CapitalMolten VenturesMosaic VenturesTeampact.venturesUnion Square Ventures (USV)+3 more

Codacoda.ioin𝕏Acquired

Coda (now Superhuman Docs) is a collaborative workspace platform that combines document editing, database tables, and application-building capabilities for teams.

AI & Machine LearningEnterprise SoftwareFuture of WorkSaaSMountain View, US

Shishir Mehrotra(Co-Founder & CEO (Coda); later CEO of Grammarly / Superhuman, Inc. from Dec 2024)inAlex DeNeui(Co-Founder & VP of Engineering)Lane Shackleton(Chief Product Officer)

BoardReid Hoffman(Board Member (Greylock Partner; LinkedIn Co-Founder))Hemant Taneja(Board Member (General Catalyst))

Co-investorsDria VenturesGeneral CatalystGreylock PartnersHomebrewKhosla VenturesKleiner Perkins+8 more

Coding Technologies
Cyber Security
Daedalusdaedalus.deinOct 2021 · $21M

Daedalus provides cloud infrastructure and tools for precision manufacturing operations, offering manufacturing-specific functionality similar to AWS's broader cloud services.

Advanced ManufacturingRoboticsSan Francisco, US

Jonas Schneider(Founder)in

PartnerChristian Noske· led

Co-investorsFirst MomentumLEA PartnersY CombinatorAdditionKhosla VenturesTechstars

Dataloopdataloop.aiin

Dataloop provides a data platform for AI development, supporting unstructured data, multimodal pipelines, and the full AI data lifecycle including datasets, models, pipelines, applications, and human-in-the-loop feedback.

AI & Machine LearningData & InfrastructureDeveloper Tools

Co-investors91 VenturesAlpha Wave GlobalAmiti VenturesF2 Venture CapitalICONYC labsNextLeap Ventures+2 more

Deliveroodeliveroo.co.uk𝕏

Deliveroo operates a food delivery platform and app that lets consumers order meals from local restaurants, with order tracking and deals.

FoodTechLogistics & Supply ChainMarketplacesLondon, GB

PartnerBo Ilsoe· led

Co-investorsAccelEntrée CapitalFELIX CAPITALHoxton VenturesIndex VenturesToba Capital+5 more

Digital Industry
Digital Lumens

Co-investorsAster Capital

Digital Transformation
Drivy

PartnerBo Ilsoe· led

Edge Cloud
eGymegym.comin

EGYM provides an operating system for gyms and fitness clubs that connects training equipment, member data, and club management processes into one platform.

SaaSSports TechWellness & Fitness

Co-investorsHighland EuropeJavelin Venture Partners

Fyberfyber.comin

DT operates a mobile growth platform connecting advertisers, app developers, and device partners to drive app installs, user acquisition, and monetization across the mobile ecosystem.

AdTechMarketing TechMedia & Entertainment

Co-investorsEstag CapitalGerman Startups GroupTarget Global

Getaroundgetaround.cominMay 2022

Getaround is a car-sharing marketplace that allows users to book and rent vehicles from private and professional owners through a mobile app, with keyless vehicle access and included trip liability insurance.

MarketplacesMobility & TransportationSan Francisco, US

Jessica Scorpio(Founder and Vice President of Marketing)Sam Zaid(Founder & CEO)inElliot Kroo(Founder)inJeffrey Russakow(Director)Spencer Jackson(Executive Officer)Tom Alderman(Executive Officer)

Co-investorsAster CapitalBraemar Energy VenturesCathay InnovationEvolution VC PartnersG SquaredHinge Capital+9 more

GetJennygetjenny.comin𝕏

GetJenny provides AI-powered customer service chatbots that companies can teach, deploy, and maintain without programming to automate routine customer interactions across communication channels.

AI & Machine LearningEnterprise SoftwareSaaSHelsinki, FI

Co-investorsDubai Angel InvestorsTechstars

Getyourguidegetyourguide.com

Berlin-based online marketplace where travelers book tours, attraction tickets and activities from third-party operators.

Berlin, DE

Johannes Reck(Founder)in

PartnerBo Ilsoe· led

Co-investorsAtlanticAtlantic LabsBattery VenturesHighland EuropeRPS VenturesSoftBank Vision Fund+1 more

Global Locate
Gray Mattergraymatter-robotics.comin𝕏

GrayMatter Robotics builds AI-powered robotic systems, marketed as Factory SuperIntelligence, that perform physically demanding industrial manufacturing tasks with high precision and reduced material waste.

Advanced ManufacturingAI & Machine LearningRobotics

Ariyan Kabir(Founder)in

Co-investorsAdvance Venture PartnersB Capital GroupB4 CapitalBow CapitalCalibrate VenturesPathbreaker Ventures+2 more

GrayMatter Robotics

Autonomous robotic solutions for manufacturing

Gardena, US

Ariyan M Kabir(Executive Officer, Director)

BoardAlex Rubalcava(Director)Brual Shah(Director)

Co-investorsAdvance Venture PartnersB Capital GroupBow Capital

Gridsum
Heptagon
Hysolate

Co-investorsPlanven Entrepreneur Ventures

Immuta
Impossible Cloudimpossiblecloud.comin

Impossible Cloud provides S3-compatible object storage and bare metal NVIDIA GPU servers, plus managed AI services for LLM inference, model deployment, Kubernetes, and HPC, with transparent per-terabyte and per-GPU-card-hour pricing.

AI & Machine LearningCloud ComputingData & InfrastructureHamburg, DE

Dr. Kai Wawrzinek(Co-founder)Dr. Christian Kaul(Co-founder)

IndixJun 2015

Cloud-based product information platform

Seattle, US

Sanjay Parthasarathy(Executive Officer, Director, Promoter)Heather B. Redman(Executive Officer)Sridhar Venkatesh(Executive Officer, Director)

BoardNaren Gupta(Director)Rich Levandov(Director)Upal Basu(Director)in

Innovis

Consumer data solutions provider

Inside Secureinsidesecure.com

Co-investorsPentech VenturesQualcomm VenturesWestSummit Capital

Intelligent Enterprise
Intermedia

Cloud IT and business applications

InVisage

Quantum dot-based image sensors

JiHu (GitLab)

Out-of-the-box, open DevOps platform

Juvojuvo.comin

Juvo creates financial identities and credit assessment tools to enable financial institutions to serve unbanked and underbanked populations.

AI & Machine LearningData & InfrastructureFintechSan Francisco, US

Steven Polsky(Executive Officer, Director)Larry Goldstein(Executive Officer, Director)

BoardJoe Greenstein(Director)

Co-investorsWingIntercept VenturesNew Enterprise Associates (NEA)Partners ResolutePortfoliaSamsung Next+1 more

KongZhongkongzhong.com

Co-investorsBeyond Ventures

Lifesumlifesum.com𝕏

Lifesum is a nutrition and healthy eating app that lets users track meals via photo, voice, barcode scanning, or manual entry and provides personalized feedback, recipes, and meal plans (such as Keto, Mediterranean, and Fasting) to support weight, fitness, sleep, and longevity goals.

ConsumerDigital HealthWellness & Fitness

Co-investorsBalderton CapitalMolten VenturesDraper EspritSparkLabs Global Ventures

Limeli.mein𝕏

Lime operates a shared micromobility service offering short-term rentals of electric bikes and scooters.

CleantechConsumerMarketplacesMobility & TransportationSan Francisco, US

Wayne Ting(CEO)in

Co-investorsAcurio VenturesAkkadian VenturesAmity VenturesAndreessen HorowitzBling CapitalBMW i Ventures+29 more

Madhouse
Mag Interactivemaginteractive.comin𝕏

MAG Interactive is a mobile game developer and publisher, and a publicly listed company that maintains an investor relations section for shareholders, analysts, and other stakeholders.

ConsumerGaming

Meican
Mobile Technologies
Moovitmoovitapp.com

Moovit is a mobile application that provides real-time public transit information, including schedules, maps, and step-by-step directions for buses, trains, trams, and subways across multiple countries.

Mobility & Transportation

Co-investorsHanaco Venture CapitalJerusalem Global VenturesSequoia Capital

Morpho

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 2

IPOs and acquisitions across the tracked portfolio

KalturaNASDAQ: KLTRSaphoacq. by Citrix

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has NGP Capital made?
NGP Capital has 117 tracked investments, 2 of which have exited via acquisition or IPO, including 4 dated in the last 24 months.
What stage does NGP Capital invest at?
NGP Capital invests at the Pre-Seed, Seed, Series A, Series B, Growth stages.
What is NGP Capital's typical check size?
NGP Capital typically writes checks of $8M – $12M.
What sectors does NGP Capital focus on?
NGP Capital focuses on AI & Machine Learning, Cybersecurity, Data & Infrastructure, Deep Tech, Enterprise Software, Hardware, IoT, Robotics, SaaS, Sector Agnostic, Space Tech.
Where is NGP Capital located?
NGP Capital is headquartered in Berlin, DE.
Does NGP Capital lead rounds?
NGP Capital typically participates in rounds rather than leading them.
Who does NGP Capital co-invest with?
NGP Capital most often shares deals with Qualcomm Ventures, August Capital, New Enterprise Associates (NEA), among 252 tracked co-investors.

From the blog

visit blog ↗

NGP Capital's recent podcast episodes feature deep tech founders advancing space infrastructure, including satellite-based navigation and communications systems alongside advanced materials for noise reduction applications. AI summary

Media · Podcasts & interviews

featuring the team

NGP Capital's Upal Basu: Why we Invested in ArmorCode

ArmorCode Inc · Upal Basu

#121 Bo Ilsoe, NGP Capital

The European VC · Bo Ilsoe

DeepTech Unleashed: From SpaceX to Reinventing GPS: Solving the ‘Solved Problem’ with Brian Manning

NGP Capital

Deeptech Unleashed: Revolutionizing Communications with Satellite Connectivity - with Parth Trivedi

NGP Capital

DeepTech Unleashed: Reinventing Manufacturing with Generalized Robotic Intelligence w/ Ariyan Kabir

NGP Capital

DeepTech Unleashed: Winning at Physical AI - A Founder’s Playbook with Igor Marinelli

NGP Capital

Images

NGP Capital photoNGP Capital photoNGP Capital photoNGP Capital photoNGP Capital photoNGP Capital photo

Co-investors · 69

Qualcomm Ventures

Qualcomm Ventures is the corporate venture investment arm associated with Qualcomm, backing technology companies from early to growth stage across multiple sectors.

Both backed · 6
AnyboticsShadowFaxZinierInside Secure小米 (Xiaomi)小米集团 (1810.HK)
$5M
GV (Google Ventures)

GV (Google Ventures) is a venture capital firm that has invested in artificial intelligence and machine learning since its early days, building a global portfolio of more than 100 AI companies across infrastructure, life sciences, and applications.

$250K – $50M
August Capital

August Capital is a venture capital firm that invests in a small number of companies, providing hands-on support to entrepreneurs building their businesses.

$1M – $15M
General Catalyst

General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.

$30M
Battery Ventures

Battery Ventures is a global investment firm that has backed more than 450 companies over its 40-year history, operating its investment staff as a single global unit.

$500K – $100M
Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.

Both backed · 2
$500K – $50M
Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies.

$4.4M – $214M
Accel

Accel is a venture capital firm that partners with exceptional teams, positioning itself as a first partner to founders globally.

Both backed · 2
$1.6M – $70M
Notable Capital

Notable Capital is a venture capital firm that has partnered with founders for over two decades, backing companies from the earliest stages through to exit.

Both backed · 2
$5M – $50M
B Capital Group

B Capital is a global investment firm backing early to late-stage technology innovators across technology, healthcare, and energy & resilience sectors.

$10M – $50M
Sapphire Ventures

Sapphire Ventures partners with expansion-stage enterprise software companies aiming to become category leaders.

Both backed · 2
$5M – $20M
Madrona Venture Group

Madrona Venture Group is a Seattle-founded venture firm that partners with founders across early and acceleration stages, providing capital plus hands-on support in recruiting, strategy, business development, and fundraising.

Both backed · 2
$2M – $10M
57 more co-investors

DCM VenturesNexus Venture PartnersIntel CapitalWalden CatalystAster CapitalIndex VenturesSpark CapitalDST GlobalACME CapitalGreycroftFlybridge Capital PartnersInovia CapitalAccompliceOurCrowdFELIX CAPITALMosaic VenturesZ47.406 VenturesEvolution Equity PartnersAtlantic LabsPromus VenturesUncork CapitalFJ LabsCanaan PartnersPartech VenturesAccel-KKRDN CapitalAtlas VentureHarrison MetalShasta VenturesCyberstartsZetta Venture PartnersWildcat Venture PartnersHeartcore CapitalPeak XV PartnersKohlberg Kravis RobertsStorm VenturesZeev VenturesBlueRun VenturesVertex Ventures IsraelOrigin VenturesWestWave CapitalNational Grid PartnersNeotribe VenturesBetter CapitalBand of Angels3one4 CapitalInventureConvergence VenturesGeneration Investment ManagementRiver Venture PartnersGranite VenturesMonta Vista CapitalApollo Asset ManagementCultiv8 Funds ManagementIBB VenturesInnovacom

Firms observed investing alongside NGP Capital, from public investor directories. Shared companies are the overlap with NGP Capital's recorded portfolio.

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