Sponsored by Lane Powell

VC fund raising $10M for sustainable businesses in Northwest

| Print |  Email
Must Reads
Tuesday, February 05, 2013

Former ShoreBank Pacific CEO David Williams joined Brock Metcalf at Reference Capital to raise a $10 million fund to make investments in sustainable Oregon and Washington businesses. 

The Sustainability Investment Fund 2012 will take investments as small as $25,000.

It's the third sustainability fund to be raised and managed by Reference Capital, which counts Agilyx, EnerG2 and Celilo Media among its portfolio companies. The first two funds were $2 million each.

Williams said one quarter of the new fund would be invested in early stage companies with half going toward growth stage companies and another quarter designated for companies in transition. The fund will invest in what Williams likes to call "indigenous" businesses — companies with an inherent reason for being located in the Northwest — with a particular focus on businesses solving environmental and energy problems.

Read more at Sustainable Business Oregon.

{biztweet}sustainability investment fund{/biztweet}

 

More Articles

Uncertainty about convention center hotel could cost Portland an NBA All-Star Game

The Latest
Wednesday, February 18, 2015
463545460BY JACOB PALMER | OB DIGITAL NEWS EDITOR

NBA commissioner: "I would love to end up having an All-Star Game in Portland. It's really just a function of ensuring that we can fit in town."


Read more...

Nuclear fingerprints

March 2015
Tuesday, February 24, 2015
BY LINDA BAKER | OB EDITOR

At Oregon State University, a 21st century version of the bad dream — nuclear terrorism — is alive and well. This winter, the Department of Nuclear Physics and Radiation Health Physics created a new interdisciplinary graduate emphasis in nuclear forensics, a Sherlock Holmes-sounding program that aims to identify how and where confiscated nuclear and radiological materials were created.


Read more...

Carbon Power

February 2015
Tuesday, January 27, 2015
BY LINDA BAKER

Researchers in a multitude of disciplines are searching for ways to soak up excess carbon dioxide, the compound that contributes to global warming.


Read more...

How Oregon will survive the loss of Hanjin

March 2015
Friday, February 20, 2015
BY JOE CORTRIGHT | OB CONTRIBUTOR

"Shipping containers to Portland is like waiting for a bus that travels once a day."


Read more...

Downtime with the president of NAI Norris, Beggs & Simpson

March 2015
Monday, February 23, 2015
BY JESSICA RIDGWAY | OB CONTRIBUTOR

Live, Work, Play: Catching up with Chris Johnson.


Read more...

LEED for weed

Linda Baker
Wednesday, January 28, 2015
012815-potcarbon-thumbBY LINDA BAKER | OB EDITOR

What is the impact of the legal pot industry on carbon emissions?


Read more...

The week journalism died

Linda Baker
Sunday, February 15, 2015
deadjournalismthumbBY LINDA BAKER | OB EDITOR

As the investigation against the governor moves forward, those of us in the news business should reflect on our own potential for subverting the democratic process.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS