G2VP II

Date: 2021

Asset Class: Venture Capital

Description:  G2VP II invests at the growth and late-venture stage in companies employing emerging technologies to sustainably overhaul traditional industries, such as energy, transportation, industrials & manufacturing, supply chain & logistics, and food & agriculture. G2VP targets investing in companies that are disrupting traditional industries in sustainable ways. In practice, G2VP invests in companies that 1) directly reduce GHG emissions, 2) reduce waste during transport or product creation and use, and 3) indirectly contribute to the broader sustainability ecosystem.

Why We Invest: Disrupting traditional industries will be necessary to mitigate climate change and for overall environmental sustainability. G2VP is a high quality fund that spun out of Kleiner Perkins Green Growth Fund. The team has a history of working together, has delivered impressive returns with impact, and is methodical in their investment approach. Investing at the growth and late venture stage also provides some diversification for the Excelsior Impact Fund.