Khosla Increasing Clean Technology Bet With $1.05 Billion Fund
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Vinod Khosla, the billionaire venture capital investor, is increasing his bet on clean technology.
Khosla Ventures, the venture capital company he formed in 2004, will steer as much as 65 percent of its new $1.05 billion fund to support businesses developing renewable sources of power, energy-efficiency technology and LED lighting products, Khosla said.