New Venture Partners

New Venture Partners (NVP) was a distinctive venture capital firm, primarily known for its pioneering focus on corporate spinouts. Established in the early 2000s, the firm carved a niche by partnering with large corporations, particularly in the telecommunications and technology sectors, to commercialize non-core intellectual property and create independent, high-growth companies. NVP successfully raised three funds, accumulating approximately $850 million in committed capital across NVP I (2001), NVP II (2004), and NVP III (2007), each contributing significantly to its investment capacity.

The firm's investment strategy centered on providing not just capital but also strategic guidance, operational expertise, and access to corporate resources for its portfolio companies. NVP specialized in seed, early, and mid-stage investments, targeting technologies with strong market potential that originated from corporate R&D labs. Their typical first cheque sizes ranged from $5 million to $15 million, reflecting their commitment to substantial initial funding for promising spinout ventures. This approach allowed them to nurture companies from nascent stages into viable market players, often leveraging existing corporate infrastructure and talent.

While New Venture Partners played a significant role in the venture capital landscape during its active investment period, particularly in the 2000s, the firm appears to have ceased making new investments after its third fund. Its website is no longer active, and public records suggest its primary focus has shifted to managing its existing portfolio of companies. Despite its current inactive investment status, NVP's legacy lies in its innovative model of corporate venturing and its successful track record in transforming internal corporate innovations into independent, market-ready businesses.