Silicon Valley’s DFJ raises largest clean-tech venture fund

Silicon Valley’s DFJ raises largest clean-tech venture fund

Venture capital firm DFJ Element has raised a record-sized fund for investing in green technology companies, the latest sign that this area is red-hot.

The fund, an affiliate of well-known Silicon Valley firm Draper Fisher Jurvetson, raised $284 million, almost double the target of $150 million it set last year — in part because of the keen interest by investors.

The firm has offices in Menlo Park and in Pennsylvania, and is run by two partners in… Continue Reading