G2 Ventures Partners is raising $750 million for a third fund

Here’s a summary of the relevant details based on the provided information:

Funds

• Fund Name: G2 Venture Partners (G2VP) Third Fund
  • Target Amount: $750 million
• Previous Fund: G2 Venture Partners Second Fund
  • Amount Raised: $500 million
  • Closing Year: 2021

Investors

• Limited Partners in Previous Funds:
  • Daimler
  • Mitsui
  • Shell Ventures
  • The McKnight Foundation

Startups

1. Arcadia
   • Description: Renewable power data platform
2. 1Komma5
   • Description: Platform for home electrification installers
3. Crusoe
   • Description: Power and AI data center developer
   • Recent Fundraise: $600 million

Founders

• G2VP invests in founders focused on breaking the link between consumption and growth, but specific founder names are not mentioned in the provided text.

Fundraise Series

• New Fundraise: Series for the new target fund ($750 million)
• Previous Fundraise: Series for the second fund ($500 million)

Dates

• Announcement of Third Fund: Not specified
• Closure of Second Fund: 2021

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2024-12-13 21:39:38