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National Grid

Recent changes

  1. Jul 1, 2026National Grid Invests $1.75B in Joulent to Power US AI Data Centers Pulse story

Latest Pulse

  1. Microsoft Pulls Out of Nscale's UK Data Center After Grid DelaysMicrosoft has stepped back from Nscale's planned UK data center project after grid-connection delays pushed the facility's opening years behind schedule.→
  2. Growth Capital's New Pecking Order: Power, Chips, Everything ElseThis year's largest checks -- Crusoe, National Grid-Joulent, a16z crypto -- keep going to physical infrastructure and scarce capacity, leaving application-layer software further down the pecking order.→
  3. Why AI Infrastructure Megarounds Are Swallowing the Series B MarketA string of multi-billion-dollar AI infrastructure raises this year -- Crusoe, Together AI, Quantum Systems, National Grid's Joulent bet -- shows venture capital concentrating in physical AI infrastructure at the expense of traditional Series B-sized rounds.→
  4. National Grid Invests $1.75B in Joulent to Power US AI Data CentersNational Grid Ventures is investing $1.75 billion for a 35% stake in Joulent, a US platform building contracted power generation and high-voltage infrastructure for data centers, valuing the company at roughly $5 billion and funding a 2.67GW Texas facility.→

Coverage Timeline

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  1. Jul 6, 2026FUNDINGGrowth Capital's New Pecking Order: Power, Chips, Everything Else$3B+ infra rounds vs. flat Series A medians→

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