G2VP, a new venture capital firm dedicated to building and supporting industrial technology companies, announced it has closed its first fund, with total capital commitments of $350 million.
With alignment from global corporates, family offices, foundations, endowments and high-net-worth individuals, including venture capital veteran John Doerr, the fund will invest in entrepreneurs and companies that are digitizing traditional industry in sectors ranging from energy and manufacturing to logistics, transportation and agriculture.
G2VP was founded in 2017 by Kleiner Perkins Green Growth Fund (GGF) partners David Mount, Brook Porter, Ben Kortlang and Dan Oros.
