G2 Venture Partners Lines Up $500 Million Sustainable Fund

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G2 Venture Partners closed a new fund with $500 million in commitments from investors to support entrepreneurs focused on the digitization and decarbonization of industries including energy and transportation.

Investors participating in the fund include Shell Ventures, Mitsui & Co. and Daimler AG, according to a spokesman for G2. The fund is also expected to support companies in manufacturing, logistics and agriculture.