Technology Partners to invest $300 million in clean, lifestyle

Will clean and green and skinny pay off?

Technology Partners, one of the first VC firms to get into clean technology, announced it has raised $300 million for its eighth fund.

The firm will use the funds to invest in clean tech companies as well as life sciences and health/lifestyle companies (i.e. obesity and hair removal. It's big business.). The proceeds in the fun will be split evenly between clean companies and health companies. And who knows, it could also overlap as a handful of companies are promoting technology for purifying food and increasing crop yields for organic farming.

Among other companies, Technology Partners has put money into biodiesel refiner Imperium Renewables, car maker Tesla Motors and Sensicore, which makes equipment to monitor the purity of water in reservoirs.

Tags:
Tech Culture
About the author

    Michael Kanellos is editor at large at CNET News.com, where he covers hardware, research and development, start-ups and the tech industry overseas.

     

    Join the discussion

    Conversation powered by Livefyre

    Show Comments Hide Comments
    Latest Galleries from CNET
    The breathtaking art and science of light
    SkyBell's Video Doorbell chimes in (pictures)
    Here's looking at you, Cloud LED (pictures)
    Take a peek at Microsoft Word, PowerPoint and Excel for Android tablets (pictures)
    Twitter's iOS app gets cool new features (pictures)
    An iPhone 6 case designed for Moment lenses (pictures)