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G2 Ventures Partners is raising $750 million for a third fund
The raise is a bullish vote of confidence in climate and sustainability startups.
G2 Venture Partners, the high-profile firm that spun out of Kleiner Perkins Caufield & Byers, is raising a third fund with a target of $750 million, TechCrunch has learned. The raise, which was disclosed in a regulatory filing, is a bullish vote of confidence in climate and sustainability startups, while other investors have voiced cautious optimism about the fate of such companies under the incoming Trump administration. The $750 million target for the new fund represents a healthy step up, suggesting that G2VP thinks there are plenty of tailwinds for climate and sustainability startups to ride in the coming decade.
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