G2 Venture Partners raises $500m

The California-based investment firm has raised capital for its second venture capital and growth equity fund.

Fund name: G2VP II
Amount raised: $500 million
Stage of fundraising: Final close
Predecessor fund: G2VP I ($350 million)

G2 Venture Partners has held the final close for its second fund G2VP II at $500 million. Capital raised by the venture capital and growth equity vehicle will make investments in technology firms which are driving decarbonisation, digitisation, and the sustainable transformation of traditional industries such as transportation, agriculture, manufacturing, energy, supply chain and logistics.