Former Intel Capital managing director has launched National Grid Partners. :
National Grid, the Northeast’s natural gas and electricity company, is planting a flag in Silicon Valley with the launch of National Grid Partners. Led by former Intel Capital vice president and managing director Lisa Lambert, NGP has $250 million to invest in growth-stage technology startups over the next two to three years. Based in Las Gatos, NGP plans to fund 10 to 15 startups per year. “We want to disrupt ourselves before we are disrupted,” Lambert told TechCrunch.