Robeco gets $650M for cleantech fund of funds
Robeco Private Equity, the venture capital division of Robeco, which is in turn owned by Dutch bank Rabobank, has taken $650 million in its second capital raise to date, according to VentureWire.
The firm already backs over 10 venture funds in the portfolio, Robeco Clean Tech Private Equity II Fund. Despite passing its $500 million target, the fund is not yet closed.
The Robeco fund may also invest directly in cleantech deals, including mature companies.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.