Robots, data, automation, 5G, and even some humans. Read more from VentureBeat!
NGP Capital is a global venture capital firm with over $1.2 billion under management, investing in the U.S., Europe, India and China. We back entrepreneurs building growth-stage technology companies within the Enterprise, Mobility and Digital Health.
GetYourGuide and Deliveroo both announced new funding today, with Deliveroo raising $575M led by Amazon and GetYourGuide $484M led by Softbank’s Vision Fund. NGP Capital first invested in both companies in 2015, both investments were made in NGP Capital’s Smart Mobility theme.
Read MoreAI2GO gives developers access to hundreds of deep learning models, which can be deployed on resource-constrained devices such as car dash cams and home security cameras with a few lines of code.
As 5G networks begin to roll out, one of the most heavily hyped use cases is Industry 4.0, or the “factory of the future.”
Traditionally in venture capital, funds do not invest in direct competitors. “There are tremendous synergies, but on the other hand there is significant risk of tremendous conflicts of interest,” said Paul Asel, Managing Partner at NGP Capital and a longtime mobility investor.
"Amazon’s launch may discourage smaller-scale startups from entering the digital freight brokerage space, but the larger new entrants, those that have raised $50 million or more, will continue to thrive and attract capital. The industry needs to be streamlined. Now it’s going to happen in accelerated fashion.”
Winners will be provided with up to $175,000 in financial assistance and the opportunity to collaborate with experts from Nokia and Nokia Bell Labs to help grow their businesses and unleash new levels of productivity for the industrial and public sectors.
Getaround has acquired Drivy for $300M to move closer toward a shared vision of creating a world in which all cars are shared, and people everywhere are empowered to carshare – to contribute building more livable cities that are both less congested and polluted.
Upal Basu, Partner at NGP Capital, says the focus should be on the United States working to maintain its own advantage in 5G “instead of focusing on Huawei.”
Paul Asel, Managing Partner of NGP Capital, sheds light on the company's investment style and strategy.
Meet some of the driving forces behind the scenes at NGP Capital – our newest Vice Presidents, Chad Bailey and Ossi Tiainen.
It’s safer to let the robots drive, but every high-profile accident involving AI makes human beings less willing to give up control.
Under Management
More than $1.2 bn for entrepreneurs creating the connected world
Companies
More than 90 companies, 8 IPO's and 33 M&A's
Billion-dollar companies
Xiaomi, Deliveroo, GanJi, UCWeb, Heptagon, Quikr, Rocket Fuel, Lime
Regions
Actively investing in the US, Europe, China and India since 2005