A Government Nod for Companies Doing GoodBy
For a dozen years, SJF Ventures has backed companies with the dual goals of delivering the hefty returns venture capitalists want and benefiting the environment or low-income communities. The Durham, N.C., venture firm has invested in companies such as eRecyclingCorps, a cell phone recycler that recently got a $35 million follow-on round led by Kleiner Perkins.
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