S2G Finds Clean-Tech VC Concentrated in Handful of Funds
Updated
Updated · Bloomberg · Jun 8
S2G Finds Clean-Tech VC Concentrated in Handful of Funds
2 articles · Updated · Bloomberg · Jun 8
Summary
A small group of large venture funds is driving most early-stage clean-tech capital allocation in the U.S. and Europe, S2G Investments said, leaving investors less diversified than they may assume.
That concentration stems from major funds repeatedly backing many of the same companies, making energy-transition portfolios overlap more heavily across the sector.
The result is shared exposure to the same company-level and sector risks, raising concentration concerns for investors seeking broad clean-tech venture diversification.