U.S. Green Technology | Where Main Street Meets Green Street

Khosla Ventures To Raise $1 Billion For Green Technology Fund

U.S. Green Technology | Where Main Street Meets Green Street
Vinod Khosla was one of the co-founders of Sun Microsystems, where he would serve as its first CEO & Chairman in the early 1980s.

Vinod Khosla, the Indian-born American venture capitalist and an influential personality in Silicon Valley, is looking to raise $1.05 billion USD for his firm Khosla Ventures according to a filing submitted today. Started in 2004, Mr. Khosla’s Menlo Park, CA-based firm focuses on venture investments in various technology sectors, particularly in clean technology. The funds Khosla Ventures already manages, Khosla Ventures III and Khosla Seed, have well over a $1 billion USD of investor capital as well as investments funded by Mr. Khosla himself.

Khosla Ventures III, which has secured $1 billion USD of investor commitments, focuses specifically on [green] technology risks that are scalable to very large markets; more specifically, the fund invests in bio-refineries for energy and bio-plastics, solar, wind, battery, engines, LED, HVAC efficiency and other environmentally clean technology. The other fund, Khosla Seed, invests in higher-risk opportunities and science experiments and has raised $300 million. In May of last year, Khosla Ventures announced that former British Prime Minister Tony Blair would be joining the firm to provide strategic advice regarding investments in green technology focused on the environment.

Khosla Ventures Clean Technology Portfolio Includes Eco-Motors and TerraPower

In the past couple years, the co-founder and former chief executive of Sun Microsystems which was acquired by Oracle for $7.4 billion, has aggressively financed a number of clean technology companies including Soraa, which designs technology for energy efficient products, and Eco-Motors, a green technology manufacturer of automotive engines. Last year, Mr. Khosla joined Bill Gates, the founder of Microsoft, by investing in clean technology companies Eco-Motors and TerraPower which design nuclear reactors.

About U.S. Green Technology

U.S. Green Technology was established in January of 2009. U.S. Green Technology‘s mission is to share news and information about the latest advancements in green technologies and green jobs. U.S. Green Technology‘s areas of coverage include providing information on green social media campaigns, changes in green business, spread of the green movement throughout entertainment, green technological invention, new green start-ups, green manufacturing, green building, and green jobs. U.S. Green Technology recently launched a new free business directory for companies to promote their products and services. U.S. Green Technology also offers a green jobs board, powered by Simply Hired, for employers to post green jobs for job seekers interested in careers in the green jobs industries such as clean energy, renewable fuels, information technology, green building and green transportation.

Jobs

Post a Job! $99 for 30 days

Sign-up for U.S. Green Technology‘s weekly newsletter to receive the latest green technology information, including the latest green jobs, blogs, news, and events.

Enhanced by Zemanta

Green Jobs

How to Apply for a Green Job With the demand for green jobs skyrocketing so far in 2017, giving yourself a unique edge can be difficult—yet absolutely necessary—in order for you to become a proud worker for Mother Earth. Follow these steps to successfully claim your next environmentally friendly employment opportunity. 1. Resume: Make sure … Continue reading..

Check Also

Death Star

What is the Cost of Making the Death Star LEED Gold Certified?

The cost to produce the Death Star would equal 13,000 times the world’s gross domestic product. To be exact, that would be $852,000,000,000,000,000