G2 Venture Partners, which spun out from Kleiner Perkins, is raising a third fund with a target of $750 million, signaling confidence in climate and sustainability startups amidst cautious sentiments from other investors regarding the incoming Trump administration. This new fund follows its second fund, which closed at $500 million in 2021. G2VP has invested in notable startups like Arcadia, 1Komma5, and Crusoe. The firm aims to support founders who seek to decouple consumption from growth, positioning itself favorably for future developments in the climate tech sector, as evidenced by their significant investment ambitions.