09 March, 2023
Latest G2 news

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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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.
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...
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...
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...
11 June, 2021
G2VP Leads $43m Series C for ProducePay

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...
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 ...
01 January, 2021
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...
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...
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...
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., ...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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 ...
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.
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...
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...
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.
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...
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...
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...
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...
14 November, 2016