Xena Li is a Principal at National Grid Partners who worked within the broader National Grid organization for several years before joining the venture arm, giving her an unusually deep operator perspective from inside a major utility compared to VCs from purely financial backgrounds. She focuses specifically on gas and energy-transition strategy rather than general climate tech, having authored thought leadership on how gas infrastructure fits into decarbonization, and operates at the intersection of venture investing, corporate strategy, and alliance building across utilities through initiatives like the NextGrid Alliance.
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Energy, Cybersecurity, AI, Climate, Data
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National Grid Partners is the only utility venture fund that gives startups direct access to a global trans-Atlantic utility's US and UK grids, positioning itself as a bridge between entrepreneurs and National Grid's operating businesses rather than a generic corporate venture investor. The fund combines venture capital, internal innovation, and co-innovation programs under one roof to pursue whole system decarbonization across electricity, gas, and adjacent infrastructure, actively creating joint projects between portfolio companies and National Grid's operations.
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