VantagePoint Raises CleanTech Fund

Jan 5 2009 | 12:54pm ET

California-based VantagePoint Venture Partners has redently raised $435 million for its second fund, a clean-technology vehicle, reports VentureWire.

The firm’s portfolio holds names fuel cell developer Angstrom Power, electric recharge grids developer Better Place, and green lighting company SuperBulbs.

Investors in the new fund include AlpInvest Partners Clean Technology Investments 2007, GKM Newport/N.Y. Venture Capital Fund, PCG Clean Energy and Technology Fund, and the State of Oregon.

VantagePoint Venture Partners currently has $4 billion in assets under management.

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