New Venture Partners

New Venture Partners (NVP) is a global venture capital firm that specializes in corporate venturing and technology spin-outs. Founded in 2001 to acquire the Lucent New Ventures Group from Lucent Technologies (Bell Labs), the firm has a long history of identifying and commercializing breakthrough technologies from corporate research laboratories. While NVP invests across various technology sectors, it has a significant presence in the life sciences and healthcare industries, having helped launch and fund companies such as Aerie Pharmaceuticals and Intelligene. The firm operates by partnering with major corporations like Philips and Lucent to create independent, venture-backed startups based on innovations that fall outside the parent company's core business strategy.