National Grid's VC arm invests $13 mln in Copperleaf Technologies
Copperleaf Technologies, a Vancouver-based provider of decision analytics software solutions, has raised more than $13 million (US$10 million) in a strategic investment. The investor was National Grid Partners (NGP), the venture capital and innovation arm of U.K. utility National Grid plc. NGP Director Andre Turenne will join the board. Founded in 2000 and led by CEO Judi Hess, Copperleaf provides an asset management planning and decision analytics system designed for utilities and other asset-intensive businesses. One of its customers is National Grid. Copperleaf will use the funds raised for technology development and growth into new markets and regions worldwide.
13 June 2019•4 mins read
