GS Group’s GS Futures and GS Energy subsidiaries are both cornerstone investors for the energy technology-focused venture firm’s maiden fund, which is on its way to a $75m ceiling.
US-based venture capital firm Energy Transition Ventures (ETV) has publicly launched its first vehicle, which is anchored by conglomerate GS Group’s corporate venturing arm, GS Futures, and GS Energy, its energy technology unit.
ETV is targeting $75m for the fund and intends to raise additional capital from new investors, having reached an initial close in February and made its first investment the following month.
The vehicle will target North America-based early-stage developers of technologies in areas including clean energy, distributed…
