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§ Venture Capital · Rochester, NY, USA
Venture capital firm investing in growth-stage companies using emerging technologies for sustainable transformation in traditional industries.
G2VP is a Portola Valley, California-based venture capital firm that invests in growth-stage companies applying emerging technologies to drive sustainability in traditional industrial sectors like energy, manufacturing, and transportation. The firm manages significant capital across multiple vehicles, having closed its inaugural $350 million fund in 2017 and a subsequent $500 million second fund in June 2021. To support its investment strategy, the organization raises capital from a mix of institutional and corporate limited partners, securing backing from prominent entities such as Shell Ventures and Daimler. The firm deploys this capital into businesses focused on electric vehicles, digital utilities, and supply chain logistics, building a portfolio that includes Proterra and Luminar. G2VP was founded in 2017 by David Mount, Brook Porter, Ben Kortlang, and Daniel Oros as a spinoff from the Kleiner Perkins Green Growth Fund.
Key people at G2VP.
Key people at G2VP.
G2 Venture Partners (G2VP) is a venture capital firm specializing in investing in transformative technology companies that drive sustainable innovation across traditional industries such as energy, transportation, agriculture, manufacturing, and logistics. Their mission is to back companies that advance resource efficiency and sustainability by leveraging emerging technologies at growth stages, helping these companies scale operations and impact. G2VP’s portfolio includes notable companies like Enovix (next-generation batteries), Fictiv (digital manufacturing), and Proterra (electric vehicle technology), reflecting their commitment to environmental sustainability and technological innovation[1][2].
Founded as a spinout from Kleiner Perkins’ Green Growth Fund, G2VP was established to focus more deeply on sustainable technology investments. The firm’s team includes experienced investors and operators such as Brook Porter, David Mount, Ben Kortlang, and Daniel Oros, who bring deep industry knowledge and a hands-on approach to supporting portfolio companies. Since its founding, G2VP has evolved to manage multiple funds, including a $500 million fund raised in 2021, emphasizing the digitization and decarbonization of traditional industries. Their approach combines strategic guidance, operational support, and leveraging an extensive network to accelerate growth for their portfolio companies[1][3][4].
G2VP rides the global trend toward sustainability and decarbonization, focusing on the urgent need to break the historical link between economic growth and environmental impact. Their timing aligns with increasing regulatory pressure, corporate commitments to net-zero emissions, and technological advances enabling more efficient resource use. By investing in companies that digitize and decarbonize traditional industries, G2VP influences the broader ecosystem by accelerating the adoption of sustainable technologies and fostering innovation in sectors critical to climate goals[1][4].
Looking ahead, G2VP is positioned to continue capitalizing on the growing demand for sustainable industrial technologies, with trends like electrification, digital manufacturing, and AI-driven efficiency shaping their investment focus. Their influence is likely to expand as they back companies that redefine how industries operate sustainably, potentially driving systemic change in resource-intensive sectors. Continued fundraises and strategic partnerships will enable G2VP to deepen its impact, supporting entrepreneurs who aim to do more with less and build a sustainable future[2][3][4].
G2VP has more than 26 tracked investments across 22 companies. The latest tracked deal is $5.0M Seed in Syntracts Inc. in October 2025.
