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ArcelorMittal Launches Clean Technology Venture Capital Fund

Posted on July 11, 2008

The world's largest integrated metals and mining company, ArcelorMittal, has announced launch of new clean technology venture capital fund and a carbon fund. The steelmaker also announced its first investment of $20 million in California-based Miasole, which is engaged in the development of thin-film solar panels. ArcelorMittal will be working with Bessemer Venture Partners, Khosla Ventures, and Kleiner Perkins Caufield & Byers to help finance clean technology innovation through the fund, said the company in a press release.Khosla Ventures was formed in 2006 by Vinod Khosla, founder of Sun Mic...

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