G2 Venture Partners
G2 Venture Partners is a venture capital firm founded in 2016 that invests in technology companies digitizing and decarbonizing traditional industries including transportation, energy, manufacturing, and agriculture, serving technology founders and institutional limited partners through three funds totaling up to ~$1.6 billion.
- Company typePrivate
- Founded2016
- HeadquartersMenlo Park, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What G2 Venture Partners does
G2 Venture Partners (G2VP) is a venture capital and growth investing firm founded in 2016 by four former Senior Partners of Kleiner Perkins' Green Growth Fund — Ben Kortlang, Brook Porter, David Mount, and Daniel Oros. Headquartered in Portola Valley, California, the firm invests in technology companies at their inflection points that digitize and decarbonize traditional industries including transportation, energy, agriculture, manufacturing, and logistics. Its core offering is venture capital deployment through a series of pooled funds: Fund I closed at $350 million in June 2018 (with a flagship commitment from investor John Doerr), Fund II closed at $500 million in June 2021, and Fund III (G2VP III, LP) filed a Form D with the SEC in December 2024 seeking up to $750 million.
G2VP operates as a relatively lean team of 11–50 employees, structured around a partner group (including Operating Partners such as former Vertiv CEO Rob Johnson and former Zoox Head of Strategy Neel Mehta), a COO, principal, director of investor relations, and a multi-level analyst cohort. The firm maintains a portfolio of 30+ companies — including Antora Energy, Waabi, Cast AI, Crusoe, Lumafield, Pivot Bio, Locus Robotics, Luminar, and others — supported by an in-house job board (Getro-powered) for portfolio talent and annual impact reporting on sustainability outcomes. Its GTM is relationship-driven: deal sourcing occurs through direct outreach, founder referrals, and engagement at climate-tech and venture capital events, rather than traditional marketing channels.
The business model follows a standard institutional VC structure: recurring management fees on committed capital (the firm does not publicly disclose fee rates), supplemented by performance-based carried interest on successful portfolio exits. The firm earns no direct product or service revenue; all disclosed monetization flows from fund economics. Geographic footprint is global in claim, with primary operational base in the United States and portfolio exposure spanning North America, Europe (e.g., 1KOMMA5°), and APAC-backed rounds.
G2 Venture Partners firmographics
Firmographics- Name
- G2 Venture Partners
- Legal name
- G2VP, LLC
- Website
- https://g2vp.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- G2 Venture Partners is a venture capital firm founded in 2016 that invests in technology companies digitizing and decarbonizing traditional industries including transportation, energy, manufacturing, and agriculture, serving technology founders and institutional limited partners through three funds totaling up to ~$1.6 billion.
- Ownership category
- akta.pro rank
G2 Venture Partners industry classification
Industry- Product category
- Venture Capital / Private Equity
- NAICS
- Other Investment Pools and Funds (5259), All Other Financial Investment Activities (52399)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
- akta.pro secondary industry
- Late-Stage Venture Capital (Series C+) (FSANAAAC)
Keywords
Where G2 Venture Partners is headquartered
LocationHeadquarters
- HQ city
- Menlo Park
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
G2 Venture Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Management Fees: Standard VC management fee structure charged on committed capital
- Carried Interest: Performance-based carried interest from successful portfolio company exits
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
G2 Venture Partners product offering
Product offeringCore offering
G2 Venture Partners is a venture capital and growth equity firm that invests capital in emerging technology companies digitizing traditional industries and driving sustainable market transformations. The firm partners with extraordinary companies at their inflection points across transportation, energy, agriculture, manufacturing, and logistics sectors. Capital is deployed through multi-fund limited partnership vehicles, with portfolio companies receiving ongoing strategic guidance, operational support, and access to an industrial partner network.
Product overview
G2 Venture Partners is a venture capital and growth investing firm that partners with technology companies at their inflection points to build a sustainable future. The firm offers a single unified investment platform rather than a multi-module product architecture. Core offerings include venture capital investment services for emerging technology companies, a portfolio company platform showcasing investments across sectors including 1KOMMA5°, AiDash, Antora, Arcadia, AssetWatch, Carbon, Cast AI, Crusoe, Fictiv, LightGuide, LinkSquares, Locus Robotics, Lumafield, Luminar, Motive, Oyster, Pivot Bio, ProducePay, Relay, Scandit, Seegrid, Trove, Turvo, VAST Data, Waabi, and Wonolo. Additional offerings include a job board platform powered by Getro for portfolio company recruitment, annual impact reporting on sustainability metrics, and news/blog content covering investment announcements and industry insights.
Differentiator
Problem solved
Functional benefit
Products and services
- Venture Capital Investment Services Venture capital and growth equity investment in emerging technology companies that digitize traditional industries and drive sustainable market transformations across transportation, energy, agriculture, manufacturing, and logistics.
- Impact Reporting for Limited Partners Annual impact reports measuring sustainability outcomes, emissions reduction, and environmental benefits across the portfolio, provided to limited partners as part of fund reporting.
Companies that use G2 Venture Partners
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles2 records
G2 Venture Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
G2 Venture Partners partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered flagship, core and foundational.
- UberflagshipUber committed $250M in milestone-based investment for Waabi partnership to deploy 25,000+ robotaxis on Uber platform
- NVIDIA (NVentures)coreNVIDIA's venture arm invested in Waabi's Series C and provides GPU/compute infrastructure partnership
- Volvo Group Venture CapitalcoreVolvo invested in Waabi and partnered on autonomous trucking technology integration
- Kleiner PerkinsfoundationalG2VP spun out from Kleiner Perkins' Green Growth Fund. Founders were Senior Partners at KP before founding G2VP. Prior investments at Kleiner Perkins include OSIsoft, Proterra, Enphase Energy, and others.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
G2 Venture Partners competitors and assessment
Company assessmentDirect peers
- DCVC (Data Collective): Deep-tech and climate-tech focused VC investing in computationally driven industrial transformation. Participated alongside G2VP in Lumafield Series C and shares the 'digitize traditional industries' thesis.
- Lux Capital: Frontier-technology VC with substantial climate-tech and industrial-tech exposure. Co-invested with G2VP in Lumafield and pursues a similar 'science-driven reindustrialization' mandate.
- Breakthrough Energy Ventures: Bill Gates-founded climate-tech venture fund investing across energy, transportation, buildings and agriculture. Direct peer to G2VP with overlapping thesis on decarbonization and overlapping co-investors on rounds such as Antora Energy.
- Eclipse Ventures: Industrial-tech-focused VC investing in digitizing traditional industries. Co-led Antora Energy Series C with G2VP and shares the same sustainable industry transformation thesis.
- Khosla Ventures: Broad-stage venture firm with deep climate-tech and industrial-tech exposure. Co-led Waabi Series C with G2VP, demonstrating direct co-investment overlap and similar late-stage check sizes.
- Energy Impact Partners: Dedicated climate-tech and energy-transition venture and growth fund backed by utilities and corporates. Direct peer given shared focus on digitizing and decarbonizing traditional industries.
- Prelude Ventures: Early- and growth-stage climate-tech focused venture firm. Comparable as a thematic specialist in sustainable industry transformation.
- IVP (Institutional Venture Partners): Late-stage growth equity firm leading large Series C/D rounds. Led Lumafield Series C with G2VP participation, demonstrating similar late-stage check profile in enterprise/industrial tech.
Broad incumbents
- Kleiner Perkins: G2VP's founding team spun out of Kleiner Perkins' Green Growth Fund; KP continues to invest across climate and enterprise tech and has co-invested with G2VP (e.g., Lumafield). Comparable as a multi-stage tech investor with overlapping climate exposure.
- SoftBank Vision Fund 2: Mega-scale late-stage investor co-leading large rounds with G2VP (e.g., Cast AI $108M Series C). Overlap is at the late-stage check-size and climate/AI infrastructure end of the market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
G2 Venture Partners social profiles
Digital presenceG2 Venture Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
G2 Venture Partners leadership team
Management profileNumber of profiles
Profiles16 records
G2 Venture Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
G2 Venture Partners M&A and investment
M&A and investmentM&A
Investments53 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about G2 Venture Partners
What does G2 Venture Partners do?
G2 Venture Partners is a venture capital and growth equity firm that invests capital in emerging technology companies digitizing traditional industries and driving sustainable market transformations. The firm partners with extraordinary companies at their inflection points across transportation, energy, agriculture, manufacturing, and logistics sectors. Capital is deployed through multi-fund limited partnership vehicles, with portfolio companies receiving ongoing strategic guidance, operational support, and access to an industrial partner network.
Is G2 Venture Partners a public or private company?
G2 Venture Partners is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was G2 Venture Partners founded?
G2 Venture Partners was founded in 2016. It employs 11 to 50 people.
Where is G2 Venture Partners based?
G2 Venture Partners is headquartered in Menlo Park, United States, in the North America region.
How does G2 Venture Partners make money?
Two revenue lines are on record. Management Fees are the primary driver. The others are carried Interest.
Who are G2 Venture Partners's main competitors?
Direct peers on record are DCVC (Data Collective), Lux Capital, Breakthrough Energy Ventures, Eclipse Ventures, Khosla Ventures, Energy Impact Partners, Prelude Ventures and IVP (Institutional Venture Partners). Broad incumbents are Kleiner Perkins and SoftBank Vision Fund 2.
Does G2 Venture Partners have an API?
No public API is recorded for G2 Venture Partners.
What industry is G2 Venture Partners in?
G2 Venture Partners's product category is Venture Capital / Private Equity. Its primary akta.pro industry code is FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists), with a secondary code of FSANAAAC, Late-Stage Venture Capital (Series C+). Its NAICS code is 5259 and its SIC code is 6282.