Latest G2 news

Smart walkie-talkie startup Relay raises $35M from investors
10 June, 2024

Smart walkie-talkie startup Relay raises $35M from investors

Relay, a Raleigh-based startup making communication tools for frontline workers, has raised $35 million from investors, CEO Chris Chuang.
Ellie McDonald and Jeannine Sargent Join G2 Venture Partners
03 April, 2024

Ellie McDonald and Jeannine Sargent Join G2 Venture Partners

Jasper Platz and Vaibhav Sharma Join G2 Venture Partners as Investors
30 August, 2023

Jasper Platz and Vaibhav Sharma Join G2 Venture Partners as Investors

Today G2 Venture Partners, a venture capital firm investing in transformative technology companies at their inflection points to build a sustainable future, announced the hiring of Jasper Platz and Va...
G2 Venture Partners Publishes 2022 Impact Report
08 August, 2023

G2 Venture Partners Publishes 2022 Impact Report

G2 Venture Partners Promotes Neel Mehta to Partner
28 June, 2023

G2 Venture Partners Promotes Neel Mehta to Partner

Today G2 Venture Partners, a venture capital firm investing in transformative technology companies at their inflection points to build a sustainable future, announced the promotion of Neel Mehta to Pa...
1Komma5 Raises €215M Series B Round - and becomes a unicorn at just 23 months old
23 June, 2023

1Komma5 Raises €215M Series B Round - and becomes a unicorn at just 23 months old

1Komma5 Grad is benefiting from the boom in solar systems, heat pumps and charging infrastructure for electric cars. The start-up now wants to invest in technology and acquisitions.
Former Vertiv CEO Rob Johnson Joins G2 Venture Partners as Operating Partner
09 March, 2023

Former Vertiv CEO Rob Johnson Joins G2 Venture Partners as Operating Partner

Rob joins G2 after six years as Chief Executive Officer of Vertiv (NYSE: VRT). He led the 20,000 person company through a series of divestitures and acquisitions and eventually a public offering. Befo...
Locus Robotics Raises $117M For Its Warehouse Robots
29 November, 2022

Locus Robotics Raises $117M For Its Warehouse Robots

The last few years have been a major accelerator for the robotics industry at large, but warehouse robotics may be the biggest winner of all. Stay at home orders fueled adoption in the early days of t...
Kelly Golden Joins G2 Venture Partners as Director of Investor Relations
29 September, 2022

Kelly Golden Joins G2 Venture Partners as Director of Investor Relations

Kelly joins G2 Venture Partners as Director of Investor Relations. Prior to joining G2, Kelly was an Executive Director at UBS where she spent nine years on the Capital Introduction team. At UBS, Kell...
Bloomberg: VCs Say Climate Bill Will Help ‘Prime the Pump’ for Startup Growth
12 August, 2022

Bloomberg: VCs Say Climate Bill Will Help ‘Prime the Pump’ for Startup Growth

nvestors at G2 Venture Partners, a Silicon Valley firm that backs climate technology, spent this week poring over the Inflation Reduction Act, the US Senate’s landmark climate bill that is expected ...
G2 Venture Partners Promotes Jake Tauscher to Partner
25 July, 2022

G2 Venture Partners Promotes Jake Tauscher to Partner

Jake first worked with the G2 team in 2019 as an intern, then joined full-time as an Investor in 2020. He is a board observer at G2 portfolio companies Light Guide Systems, AiDash, and Nikola Labs and...
G2 Venture Partners publishes 2021 Impact Report
03 June, 2022

G2 Venture Partners publishes 2021 Impact Report

G2 Venture Partners is a venture and growth investing firm focused on emerging technologies driving sustainable transformation across traditional industries. We support entrepreneurs who are unloc...
Nikola Labs Raises $20 million to Accelerate Growth in Proactive Maintenance Platform
20 May, 2022

Nikola Labs Raises $20 million to Accelerate Growth in Proactive Maintenance Platform

Nikola Labs announced today that it closed $20 million in financing to support growing customer demand and accelerate platform development. Led by G2 Venture Partners and joined by Triangle Peak Partn...
Crusoe Energy Valued at $1.75 Billion For Clean Bitcoin Mining
20 April, 2022

Crusoe Energy Valued at $1.75 Billion For Clean Bitcoin Mining

One of the biggest critiques of crypto is the energy consumption of digital assets. Bitcoin mining, the process by which computers solve complicated mathematical puzzles to keep the blockchain running...
LinkSquares benefits from the legal tech boom with a fresh $100M
04 April, 2022

LinkSquares benefits from the legal tech boom with a fresh $100M

Demonstrating that there’s a robust market for contract management solutions, LinkSquares, a company developing intelligent software that helps brands maintain and ink new contracts, today announced...
Matt Jensen joins G2 Venture Partners as an Investor
31 March, 2022

Matt Jensen joins G2 Venture Partners as an Investor

Matt Jensen joins G2 Venture Partners as an Investor. Prior to joining G2, Matt spent several years as an investor at Golden Gate Capital. There, he was responsible for developing investment theses, l...
Smarter Sorting raises $25M and names Jacqueline Claudio CEO, to improve sustainability for consumer brands and retailers
23 March, 2022

Smarter Sorting raises $25M and names Jacqueline Claudio CEO, to improve sustainability for consumer brands and retailers

The new fundraising round is led by G2 Venture Partners, along with existing investors. The investment will help Smarter Sorting accelerate its technology roadmap, scale its business operations and be...
Scandit snaps up $150M at a $1B+ valuation for its computer vision-based data capture technology
09 February, 2022

Scandit snaps up $150M at a $1B+ valuation for its computer vision-based data capture technology

Consumers and businesses are forever demanding faster and easier ways to get things done, and today a startup that is building tech to make that a reality using AI and the camera on your mobile device...
Wonolo raises $140M for its staffing platform used by 1M laborers and front-line workers
19 October, 2021

Wonolo raises $140M for its staffing platform used by 1M laborers and front-line workers

A rush of platforms have been built in the last several years that cater to the needs of knowledge workers, helping them find jobs (and employers find workers), managing the remuneration process regar...
AiDash Secures $27M in Series B Funding to Prevent Wildfires and Power Outages With AI-Powered Satellite Technology
14 October, 2021

AiDash Secures $27M in Series B Funding to Prevent Wildfires and Power Outages With AI-Powered Satellite Technology

SANTA CLARA, Calif.--(BUSINESS WIRE)--AiDash, a leading provider of satellite and AI-powered vegetation management and sustainability solutions, today announced it has secured a $27 million Series B f...
Neel Mehta and Charlie Klene Join G2 Venture Partners as Investors
29 September, 2021

Neel Mehta and Charlie Klene Join G2 Venture Partners as Investors

Neel Mehta joins G2 as an Investor. Previously, Neel was an early operator at Zoox - a 1,000+ person start-up developing fully autonomous, all-electric vehicles for urban ride-sharing. During his five...
Former Head of Strategy at Zoox, Neel Mehta, and former Senior Manager at Salesforce, Charlie Klene, join G2 Venture Partners as Investors
29 September, 2021

Former Head of Strategy at Zoox, Neel Mehta, and former Senior Manager at Salesforce, Charlie Klene, join G2 Venture Partners as Investors

Neel Mehta joins G2 as an Investor. Previously, Neel was an early operator at Zoox - a 1,000+ person start-up developing fully autonomous, all-electric vehicles for urban ride-sharing. During his five...
Resale Stays Hot as Platform Powering Lululemon Valued Over $200 Million
25 August, 2021

Resale Stays Hot as Platform Powering Lululemon Valued Over $200 Million

Trove Recommerce, a maker of online platforms for brands such as Lululemon and Patagonia to sell used goods, raised $77.5 million from investors trying to get in on the hottest part of the apparel mar...
MakerSights raises $25m in Series B funding round
04 August, 2021

MakerSights raises $25m in Series B funding round

The new round follows the company’s GBP8.5 million Series A led by Forerunner Ventures in 2019 and GBP3.1 million in seed funding led by Baseline Ventures in 2017, bringing the company’s funding t...
G2 Venture Partners promotes Zach Barasz, Monica Varman, and Valerie Shen to Partner
22 July, 2021

G2 Venture Partners promotes Zach Barasz, Monica Varman, and Valerie Shen to Partner

Zach Barasz joined G2 in 2019 and has led the firm’s investments in portfolio companies KeepTruckin and Sheertex. Zach first worked with the G2 team in 2013 as an intern at Kleiner Perkins’ Green ...
Pivot Bio Nears $2 Billion Valuation As It Raises Whopping $430 Million To Replace Synthetic Fertilizers On Corn And Wheat
19 July, 2021

Pivot Bio Nears $2 Billion Valuation As It Raises Whopping $430 Million To Replace Synthetic Fertilizers On Corn And Wheat

Karsten Temme was a grad student in bio-engineering at the University of California, San Francisco, when he started researching how plants might self fertilize with nitrogen, getting rid of the need f...
LightGuide, Inc. Raises $15M To Accelerate The Growth of Their Digital Workflow Instruction Platform
07 July, 2021

LightGuide, Inc. Raises $15M To Accelerate The Growth of Their Digital Workflow Instruction Platform

WIXOM, Mich., July 7, 2021 – LightGuide, Inc., the leading projected augmented reality (AR) software platform that transforms manual assembly and manufacturing processes for companies worldwide, tod...
KeepTruckin Raises Fresh Funds Valuing Startup at $2.3 Billion
17 June, 2021

KeepTruckin Raises Fresh Funds Valuing Startup at $2.3 Billion

KeepTruckin Inc. raised $190 million in a new funding round that values the San Francisco-based provider of fleet management software at $2.3 billion.
Proterra Looks To Electrify Heavy-Duty Vehicle Market As Battery Bus Pioneer Hits Nasdaq
16 June, 2021

Proterra Looks To Electrify Heavy-Duty Vehicle Market As Battery Bus Pioneer Hits Nasdaq

Proterra Inc., a newly public electric transit bus pioneer, aims to leverage its extensive experience creating high-powered batteries, charging systems and software for heavy-duty vehicles to expand b...
TechCrunch: G2 Venture Partners raises $500 million to fund sustainable tech
15 June, 2021

TechCrunch: G2 Venture Partners raises $500 million to fund sustainable tech

G2 Venture Partners, a firm that spun out of Kleiner Perkins Caufield & Byers, has raised $500 million to support entrepreneurs that aim to make existing industries more efficient, environmentally fri...
Bloomberg: G2 Venture Partners Closes New Fund With $500M to Drive the Next Stage of Sustainable Transformation in Traditional Industries
15 June, 2021

Bloomberg: G2 Venture Partners Closes New Fund With $500M to Drive the Next Stage of Sustainable Transformation in Traditional Industries

G2 Venture Partners closed a new fund with $500 million in commitments from investors to support entrepreneurs focused on the digitization and decarbonization of industries including energy and transp...
G2VP Leads $43m Series C for ProducePay
11 June, 2021

G2VP Leads $43m Series C for ProducePay

Fictiv nabs $35M to build out the ‘AWS of hardware manufacturing’
17 February, 2021

Fictiv nabs $35M to build out the ‘AWS of hardware manufacturing’

Hardware may indeed be hard, but a startup that’s built a platform that might help buck that idea by making hardware a little easier to produce has announced some more funding to continue building o...
Proterra, Commercial Electric Vehicle Technology Leader, To Become Publicly Listed Through Transaction with ArcLight Clean Transition Corp.
12 January, 2021

Proterra, Commercial Electric Vehicle Technology Leader, To Become Publicly Listed Through Transaction with ArcLight Clean Transition Corp.

BURLINGAME, Calif. and BOSTON, Mass., January 12, 2021 – Proterra Inc. (the “Company”), a leading innovator in commercial vehicle electrification technology, today announced that it will become ...
Luminar raises nearly $600M gross proceeds; begins trading under ticker “LAZR”
03 December, 2020

Luminar raises nearly $600M gross proceeds; begins trading under ticker “LAZR”

PALO ALTO & LOS ANGELES, Calif.--(BUSINESS WIRE)--Luminar Technologies, Inc. (“Luminar”), the global leader in automotive lidar hardware and software technology, and Gores Metropoulos, Inc. (“Go...
Shift Announces Inaugural Trading on Nasdaq
15 October, 2020

Shift Announces Inaugural Trading on Nasdaq

SAN FRANCISCO, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Shift (Nasdaq: SFT), a leading end-to-end ecommerce platform for buying and selling used cars, has announced shares of its common stock have begun trad...
Lidar Startup Luminar to go Public via $3.4 Billion SPAC Merger
24 August, 2020

Lidar Startup Luminar to go Public via $3.4 Billion SPAC Merger

Luminar, the lidar startup that burst onto the autonomous vehicle scene in April 2017 after operating for years in secrecy, is merging with special purpose acquisition company Gores Metropoulos Inc., ...
Shift Technologies and Insurance Acquisition Corp. Combine to Bring to the Public Markets the Newest Pure-Play in the Used Car Auto Ecommerce Market
29 June, 2020

Shift Technologies and Insurance Acquisition Corp. Combine to Bring to the Public Markets the Newest Pure-Play in the Used Car Auto Ecommerce Market

SAN FRANCISCO, June 29, 2020 /PRNewswire/ -- Shift Technologies Inc. ("Shift"), an e-commerce platform on a mission to make car-buying convenient, fair, and accessible for everyone, and Insurance Acqu...
Armed With Computer Vision And $80M Series C, Scandit Sees 2020 With 20/20
26 May, 2020

Armed With Computer Vision And $80M Series C, Scandit Sees 2020 With 20/20

Scandit helps consumers and employees find things on store shelves with their smartphones, and as things become more “contactless,” more investors see Scandit’s potential. The company, based in...
Volvo to Use Luminar’s Lidar in Production Vehicles to Unlock Automated Driving on Highways
06 May, 2020

Volvo to Use Luminar’s Lidar in Production Vehicles to Unlock Automated Driving on Highways

Volvo Cars will start producing vehicles in 2022 that are equipped with lidar and a perception stack — technology developed by Silicon Valley startup Luminar that the automaker will use to deploy an...
Fictiv Donates Tool to Make Millions of Face Shields Available to Hospitals at Cost
06 April, 2020

Fictiv Donates Tool to Make Millions of Face Shields Available to Hospitals at Cost

SAN FRANCISCO, April 06, 2020 (GLOBE NEWSWIRE) -- Global manufacturing ecosystem Fictiv today announced that hospitals and healthcare providers can begin ordering the protective face shields in batche...
Seegrid Raises $25M in Growth Equity
31 March, 2020

Seegrid Raises $25M in Growth Equity

Seegrid, the leader in self-driving industrial vehicles for material handling, today announced that it has closed a $25 million growth equity investment from G2VP, a venture capital firm focused on in...
Sunfolding Raises $32 Million to Support Rapidly Growing Customer Orders
22 October, 2019

Sunfolding Raises $32 Million to Support Rapidly Growing Customer Orders

SAN FRANCISCO, October 22, 2019 (Newswire.com) -​​​​​​​Sunfolding, the fastest-growing producer of innovative single-axis tracker systems, today announced that it has closed a $32 millio...
Luminar Lands $100 Million Funding Boost To Ramp Up Lidar For Self-Driving Cars And Trucks
11 July, 2019

Luminar Lands $100 Million Funding Boost To Ramp Up Lidar For Self-Driving Cars And Trucks

Luminar, a Silicon Valley-based maker of laser lidar sensors for self-driving vehicles, raised an additional $100 million and is marketing a new, affordable sensing and perception platform for automat...
Fictiv raises $33M to be the “AWS of hardware manufacturing”
05 March, 2019

Fictiv raises $33M to be the “AWS of hardware manufacturing”

Hardware, as the saying goes, is hard, but today a startup has raised some money for a manufacturing platform that it believes can make the prospect of starting and running hardware businesses a littl...
Turvo, the world’s first real-time collaborative logistics platform, raises $60M Series B funding
08 November, 2018

Turvo, the world’s first real-time collaborative logistics platform, raises $60M Series B funding

SAN FRANCISCO, Nov. 8, 2018 /PRNewswire/ -- Turvo, the world's first real-time collaborative logistics platform, announced today it has closed $60 million in Series B funding led by Mubadala Ventures,...
Electric bus maker Proterra closes $155 Million from Daimler, Tao Capital, G2VP, and others
19 September, 2018

Electric bus maker Proterra closes $155 Million from Daimler, Tao Capital, G2VP, and others

Burlingame, Calif. – September 19, 2018 – Today Proterra, a leading innovator in heavy duty electric transportation for the North American mass transit market, announced that it has closed a $155 ...
Online used car startup Shift raises $140M, partners with Lithia Motors
13 September, 2018

Online used car startup Shift raises $140M, partners with Lithia Motors

Shift Technologies, an online marketplace for used cars, has closed a Series D financing round of more than $140 million in equity and debt.
Powered by $25 million, Arcadia Power looks to expand its distributed renewable energy services
15 August, 2018

Powered by $25 million, Arcadia Power looks to expand its distributed renewable energy services

As renewable energy use surges in the U.S. and the effects of global climate change become more visible, companies like Arcadia Power are pitching a nationwide service to make renewable energy availab...
G2VP Closes $350 Million Fund for the Digitization of Traditional Industries
12 June, 2018

G2VP Closes $350 Million Fund for the Digitization of Traditional Industries

G2VP, a venture firm that spun out of Kleiner Perkins Caufield & Byers’ greentech-focused investment arm, has raised $350 million for its first fund, including a financial commitment from famed inve...
Kespry Lands $33M Series C as Industrial Drone Business Use Cases Continue to Expand
05 December, 2017

Kespry Lands $33M Series C as Industrial Drone Business Use Cases Continue to Expand

Kespry, the industrial drone startup, announced a fresh infusion of cash today in the form of a $33M Series C. It brings the total raised to over $61M across the three rounds.
With $36 Million In Financing, Scoop Wants To Make Carpooling Mainstream
09 November, 2017

With $36 Million In Financing, Scoop Wants To Make Carpooling Mainstream

Rob and Jon Sadow got their first taste of carpooling while growing up in Atlanta in the early 2000s. The two brothers would team up for their 25-minute drive to high-school, Rob at the wheel, and Jon...
Shift Raises $38M in Series C Funding
19 July, 2017

Shift Raises $38M in Series C Funding

SAN FRANCISCO, July 19, 2017 /PRNewswire/ -- Shift (shift.com), a San Francisco-based startup that combines technology and a team of car concierges to take the hassle and guesswork out of buying and s...
OSIsoft Announces SoftBank Investment
31 May, 2017

OSIsoft Announces SoftBank Investment

The transaction is part of SoftBank’s strategy to invest in companies laying the foundational infrastructure for the next stage of the Information Revolution. SoftBank believes OSIsoft embodies this...
Kleiner Perkins Exits Farmers Edge as ‘Canada’s Warren Buffet’ Buys Stake
20 December, 2016

Kleiner Perkins Exits Farmers Edge as ‘Canada’s Warren Buffet’ Buys Stake

Fairfax Financial, the investment company of Prem Watsa, has invested in Canadian digital precision agriculture company Farmers Edge, injecting new capital into the company as well as buying Kleiner P...
GE Digital Acquires ServiceMax to Extend Predix and Analytics Across Field Service Processes
14 November, 2016

GE Digital Acquires ServiceMax to Extend Predix and Analytics Across Field Service Processes

SAN RAMON, Calif.--(BUSINESS WIRE)--GE Digital (NYSE: GE) today announced it has acquired ServiceMax, a leader in cloud-based field service management (FSM) solutions, for $915 million. The acquisitio...