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kleiner perkins caufied & byers

Kleiner Perkins said to form 'Green Growth' fund

Kleiner, Perkins, Caufield & Byers is forming a "Green Growth" fund for green-tech start-ups looking to scale up their operations.

PEWeek reported on Thursday that the fund will be over $400 million and have input from Kleiner Perkins partner Al Gore.

The idea behind a late-stage funds such as this is to give up-and-coming companies the money to ramp up, rather than develop their core technology.

This late-stage funding is particularly important in the energy business because companies require a large amount of capital to test their technology at commercial scale.

Google.org, the philanthropic arm of Google, … Read more

John Doerr: Not nearly enough money going to green tech

CAMBRIDGE, Mass.--Famed venture capitalist John Doerr is conflicted. He says pace of innovation in green technologies, breathtaking in the past five years, is far from fast enough to address the scale of the world's energy problems.

Doerr was the keynote speaker at the MIT Energy Conference here Saturday. He alternated between expressing wonder at the progress in addressing global warming and discouragement at the overall state of affairs.

The theme of the conference is "scale," as in finding the right technologies and policies to address burgeoning global energy demand without polluting the planet to the point … Read more