(Forbes) Billionaire philanthropist and investor Bill Gates is launching a $1 billion fund, called Breakthrough Energy Ventures, to invest in new forms of clean energy. Gates has gathered a group of like-minded investors, including Silicon Valley venture capitalists John Doerr and Vinod Khosla and former hedge manager John Arnold, to join him in the fund.
In a post on his Gates Notes blog, Gates said the fund will invest in “scientific breakthroughs that have the potential to deliver cheap and reliable clean energy to the world.”
