Thursday, October 6, 2011
Greener Capital Gets First Close On New Fund
Greener Capital, a venture capital fund focused on clean technology which has offices in Laguna Beach, said today that it has scored a first close on its second fund, Greener Capital Partners II. The fund size is $33M. The firm is headed by Thomas Caine, Charles Finnie, and Michael Katz. Cain was a co-founder of SAIL Venture Partners, the venture firm based in Irvine; Finnie was at ; and Katz was an investor and CEO in Oryxe Energy International, which was also based in Irvine. Greener Capital Partners II's newest limited partner is Arizona Technology Enterprises (EzTE), the IP management and technology arm of Arizona State University. As part of the new fund, Greener Capital said it has set up an office in Scottsdale, Arizona, as part of ASU's SkySong innovation center.