Kleiner Perkins Green Funds
May 2, 2008 at 10:46 am (Green Finance)
Kleiner Perkins going greener | Cleantech.com
Kleiner Perkins said the $500 million Green Growth Fund is intended to help speed mass market adoption of solutions to the world’s climate crisis.John Denniston, a partner at Kleiner Perkins, will co-manage the new fund along with Ben Kortlang, plucked from Goldman Sachs where he previously co-directed alternative energy investments.
[...]The VC firm also announced the formation of KPCB XIII, a $700
million fund that will invest in cleantech, information technology and
life sciences ventures.Kleiner Perkins said within the cleantech sector, KPCB XIII would
mainly back early-stage entrepreneurs, while the Green Growth Fund
would support companies that have already entered their growth phase.
