Technology Partners Announces $300 Million Venture Fund to Invest in Clean Technology

Technology Partners, a Palo Alto, California-based venture capital firm has announced the formation of a new fund capitalized at $300 million and directed toward Cleantech and Life Science companies. Technology Partners’ Cleantech investments primarily focus on energy technology, water technology and advanced materials. Life Science investments focus on opportunities in neuroscience and lifestyle therapies—in areas ranging from aesthetics to obesity to women’s health. Teh company believe it is uniquely positioned to take advantage of convergence opportunities that require experience in both Cleantech and Life Science, such as the next generation of biofuels and biomaterials. Technology Partners’ team includes General Partners Ira Ehrenpreis, Roger Quy, Jim Glasheen and Sheila Mutter; and Ted Ardell as a Venture Partner. “Our Cleantech practice focuses on solving some of the most important problems of the 21st century,” said Ehrenpreis. “Cleantech remains one of the most revolutionary and transformative areas within the venture asset class as we begin to see innovative technologies tackle the world’s critical energy and water problems.”