Venture capital

VC firm Clean Energy Ventures' $110 million fund targets early-stage climate players

The VC firm Clean Energy Ventures (CEV) announced Tuesday the close of a $110 million funding round aimed at backing a wide range of climate-friendly energy startups.

Why it matters: Managing director Daniel Goldman tells Axios that the drop-off in clean energy VC a decade ago hit early-stage investing especially hard.

One VC's path from Silicon Valley to Hollywood

Paul Martino in front of an illustration of of a camera and a red star.
Illustration: Image: New York Daily News Archive/Getty; Illustration: Aïda Amer/Axios

In Silicon Valley, Paul Martino is known as a serial entrepreneur who later founded Bullpen Capital to invest in such startups as FanDuel, Ipsy, and SpotHero.

The other side: In Hollywood, he's the guy making a movie about his cousin Tommy, who served time for his key role in the NBA's game-fixing scandal.