Clean energy technology was thought to be uninvestable. One fund thinks otherwise

Venture capital funding for clean energy technology companies has declined after years of lackluster performance drove investors to other sectors. But a new fund is making a big bet that it’s possible to back clean tech companies at the earliest — and often riskiest — stages, all without sacrificing returns. In October, Clean Energy Ventures announced that it raised $110 million for its first fund, which will target “the current capital gap for seed and early-stage investment in promising advanced energy innovations,” a press release said. The firm’s strategy rests on the belief that…

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