G2 Venture Partners Closes New $500 Million Fund for Sustainable Tech

June 16, 2021Client News

Gunderson Dettmer represented G2 Venture Partners (“G2”), a venture firm committed to the transformation of traditional industries, in the closing of its second fund with capital commitments of $500 million. The new fund will continue the firm’s mission of supporting entrepreneurs who are unlocking new paths to environmentally and socially responsible economic growth.

In the announcement of the transaction, G2 founding partner David Mount said, “The launch of our second fund expands our ability to work with companies that are moving the needle to redefine and revolutionize their respective industries." He continued, “We will continue to partner with technology companies that are pushing the future of industry forward, driving economic growth with reduced resource intensity.”

The Gunderson deal team was led by Steve Franklin and Jonathan Goodwin and included Christine Wang and Adam deLisle.