in News Departments > FYI
print the content item

Velocity Venture Capital, a venture capital fund that invests in technology companies in the Sacramento, Calif., area, has closed its second fund, with $15 million raised, and is preparing for its third fund with a target fund size of $60 million.

The Velocity fund management team plans to complete its Fund II portfolio by adding up to three more portfolio companies for a potential total of 14 investments in California's capital region. Investments have ranged from $100,000 to $3.5 million and include Folsom, Calif.-based Marquiss Wind Power, which sells its patented AeroPoint ducted wind turbine to the commercial and industrial building sectors of the global economy.


Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Canadian Wind Industry Urges For More Federal Support

The Canadian Wind Energy Association says the country's federal government, once a big industry supporter, should again back wind power.


Wind And Solar Helped California Grid During Challenging Summer

According to the California Independent System Operator, the state suffered from heat waves and drought this year, and wind power played a "significant role" in keeping the lights on.


Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.

Canwea_id1984
Hybrid Energy Innovations 2015
Renewable NRG_id1934
BG 2015DblBox_id2032