Blue Marble Ventures Announces Formation of Fund
Los Angeles, CA, March 19th, 2010—Today, Blue Marble Ventures (www.bluemarbleventures.com) announced the formation of their new fund, BMV-I. The fund is focused on identifying the most promising early stage companies in the Clean/Green Technology space and providing both investment capital as well as hands-on management expertise to help new ventures take their ideas and/or technology to a commercially viable stage.
According to General Partner Kyle Murphy, the fund is interested in reviewing plans from early stage Green/Clean Tech start-ups with a premium placed on world-changing ideas and technologies as well as experienced management teams.
Blue Marble Venture’s team consists of individuals with widely varied backgrounds giving the fund an excellent arsenal of tools to assist new companies with virtually every aspect of their business.
“We intend to go beyond merely making investments”, says Patrick McKenna, one of the fund’s General Partners, “and plan to work closely with the management teams of any company into which we invest, leveraging our unique skill sets to the benefit of the company.”
“What we’ve found”, say Nikhil R. Jain, another BMV GP, “is that many great ideas and technologies need much more than just money to become truly viable, yet finding great people, particularly in the earliest stages of the company, can be more difficult than many entrepreneurs imagine. We can provide the benefit of our experience in virtually any area of business to help company management accelerate their product or technology development, identify opportunities, strategic partners, or even help prepare them for further rounds of institutional investment.
Blue Marble Ventures is currently accepting business plans via the CleanGreenGuy.com (http://www.cleangreenguy.com), the world's largest Green Business Resource Center and eco-system for Entrepreneurs, Inventors, Investors and Service Providers.
For additional information about the fund, investment criteria or how to submit a business plan through the CleanGreenGuy.com interface please visit http://www.bluemarbleventures.com.
About Blue Marble Ventures:
Blue Marble Ventures focuses on the so-called ‘micro-fund’ level of funding to help inventors and entrepreneurs reach proof of concept stage and prepare for an institutional round of capital or other strategic path.
The Fund’s mission is to invest capital and management resources in promising, very early-stage technologies and business models, primarily within the green/clean technology space. Our objective is to leverage our investments so as to realize venture level returns for us, our investors, and for the other shareholders and managers of each portfolio company.
Contact:
Oliver Starr, Managing Partner
Blue Marble Ventures, LLC
oliver@bluemarbleventures.com
Phone: 424-772-4114
Fax: 424-785-1233
http://www.bluemarbleventures.com