NGP Capital is a venture fund that stays partner-owned and independently run even though Nokia is its only investor, and it backs this up with real ties to Nokia, like shared offices, assigned "champions" for each investment, and its own AI tool called Q that scans more than 500,000 companies to help find deals, part of which NGP has made open for other investors to use. NGP also publishes original research, such as a 2023 study analyzing 2,244 European startups, and has a long track record to show for it, including a 15-year fund that produced seven public companies and six unicorns from just 28 investments.