Vancouver’s Copperleaf has announced the completion of a USD $10 million strategic investment from National Grid Partners (NGP), the innovation and investment arm of National Grid, one of the world’s largest investor-owned energy companies.
Copperleaf will use the capital to fund innovation and growth into new markets and geographies worldwide.
One of NGP’s mandates is to invest in high-growth companies with disruptive technologies that can help National Grid better perform its core operations and play a role in the global disruption of the energy sector.
Copperleaf enables National Grid to deliver superior investment decision making and budget planning analytics than was previously possible.
With this investment, NGP expands its portfolio to 12 companies with $90 million invested to date and three strategic fund investments at the intersection of energy and information technology.
In 2018, Copperleaf’s revenue growth placed the company on the GROWTH 500 ranking of Canada’s Fastest-Growing Companies for the fourth consecutive year, and Deloitte’s Technology Fast 500 ranking of the fastest-growing technology companies in North America.