1809 Capital Partner, NGP Capital, Raises New Venture Investment Fund of $400M

1809 Capital Partner, NGP Capital, Raises New Venture Investment Fund of $400M NGP Capital has raised a new venture investment fund of USD 400 million from Nokia. The new fund will invest in promising, growing companies, with a focus on Edge Cloud, Cybersecurity, Digital Industry and Digital Transformation in the US, Europe, and China. ​ This is the fifth fund that NGP Capital has managed for Nokia and today’s investment brings the fund’s total committed, but uninvested capital, to more than USD 550 million, and total commitments from Nokia since the fund’s inception (in 2005) to more than USD 1.6 billion.