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NGP Energy Capital Management

North America, Texas, United States, Irving

Description

NGP Energy Capital Management (NGP ECM) has built a premier investment franchise in the natural resources sector.

Investor Profile

NGP Energy Capital Management has backed more than 18 startups, with 5 new investments in the last 12 months alone. The firm has led 8 rounds, about 44% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Private Equity, Series B, Series C rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Canada.
  • Strong thematic focus on Energy, Renewable Energy, Oil and Gas.
  • Led 2 rounds in the past year.

Stage Focus

  • Private Equity (39%)
  • Series B (28%)
  • Series C (17%)
  • Series D (6%)
  • Series A (6%)
  • Series Unknown (6%)

Country Focus

  • United States (72%)
  • United Kingdom (11%)
  • Canada (6%)
  • Brazil (6%)
  • Chile (6%)

Industry Focus

  • Energy
  • Renewable Energy
  • Oil And Gas
  • Cleantech
  • Software
  • Natural Resources
  • Greentech
  • Analytics
  • Artificial Intelligence (Ai)
  • Machine Learning
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does NGP Energy Capital Management frequently co-invest with?

Pearl Energy Investments
North America, Texas, United States, Dallas
Co-Investments: 3
General Catalyst
North America, Massachusetts, United States, Cambridge
Co-Investments: 2
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 2
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 1
Radius Capital
North America, California, United States, San Francisco
Co-Investments: 2
Aster
Europe, Ile-de-France, France, Paris
Co-Investments: 1
LenX
North America, Florida, United States, Miami
Co-Investments: 2
Breakthrough Energy Ventures
Europe, Ile-de-France, France, Paris
Co-Investments: 2
Collaborative Fund
North America, New York, United States, New York
Co-Investments: 2
Building Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 1

Which angels does NGP Energy Capital Management often collaborate with?

SL
North America, New York, United States, New York
Shared Deals: 1
KG
North America, Illinois, United States, Chicago
Shared Deals: 1
HK
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by NGP Energy Capital Management?

PhysicsX

London, England, United Kingdom

PhysicsX offers an AI-native simulation software stack for engineering and manufacturing across advanced industries.

Artificial Intelligence (AI)Information TechnologyMachine LearningSimulationSoftware
Series BJun 22, 2025
Amount Raised: $134,400,594
Greenlake Energy

Austin, Texas, United States

Greenlake Energy is an energy resource company that develops oil and natural gas.

EnergyEnergy ManagementOil and Gas
Private EquityMay 6, 2025
Amount Raised: $200,000,000
Moray Energy

Las Condes, Region Metropolitana, Chile

Moray Energy offers energy and business development consulting services.

Business DevelopmentConsultingEnergy
Private EquityApr 14, 2025
Amount Raised: $250,000,000
X-energy

Rockville, Maryland, United States

X-energy is a developer of advanced modular nuclear reactors and fuel technology for clean energy generation.

Clean EnergyCleanTechEnergyRenewable Energy
Series COct 16, 2024
Amount Raised: $700,000,000
Dandelion Energy

Mount Kisco, New York, United States

Dandelion Energy is a home geothermal company that offers geothermal heating and cooling installations.

CleanTechEnergyGreenTechRenewable Energy
Series CSep 24, 2024
Amount Raised: $40,000,000
LevelTen Energy

Seattle, Washington, United States

LevelTen Energy is an energy company that provides renewable transaction infrastructure for buying or selling renewable energy and assets.

AnalyticsEnergyMarketplaceRenewable Energy
Series DJul 16, 2024
Amount Raised: $61,138,804
PhysicsX

London, England, United Kingdom

PhysicsX is a developer of AI and simulation engineering technologies to reinvent the design and operation of machines and products.

Artificial Intelligence (AI)Machine LearningSimulationSoftware
Series ANov 27, 2023
Amount Raised: $32,000,000
Orennia

Calgary, Alberta, Canada

Orennia is a technology company focused on the renewable power sector.

AnalyticsEnergyEnvironmental ConsultingRenewable EnergySoftware
Series BJul 11, 2023
Amount Raised: $25,000,000
Noveon Magnetics

San Marcos, Texas, United States

Noveon Magnetics develops a proprietary Magnet-to-Magnetärecycling process.

ManufacturingMiningRecycling
Series BMay 16, 2023
Amount Raised: $75,000,000
Dandelion Energy

Mount Kisco, New York, United States

Dandelion Energy is a home geothermal company that offers geothermal heating and cooling installations.

CleanTechEnergyGreenTechRenewable Energy
Series BNov 15, 2022
Amount Raised: $70,000,000