Khosla raises $1.05B fund, $500M for cleantech

In California, Khosla Ventures has raised $1.05 billion for an investment fund with half of that dedicated towards cleantech. “We fundamentally invest in the companies that we expect to have significant impact, and that’s precisely what the Khosla Ventures IV fund will do,” Vinod Khosla told the San Francisco Business Times. His investments Amyris, Gevo, and KiOR have all recently launched IPOs.