In 2004, J.P. Morgan & Co created a venture fund (the $75M Bay Area Equity Fund I) led by Nancy Pfund which made a number of impact investments including in Tesla Motors in 2006. The fund spun out of JP Morgan in 2008. In 2008, Pfund and Cynthia Ringo partnered and raised Fund II (the $150.8M DBL Equity Fund – BAEF II). In 2015 DBL partnered with Ira Ehrenpreis who led the clean tech practice of Technology Partners to found DBL Partners and successfully raise a $400m impact fund.
DBL’s Managing Partners are Nancy Pfund, Ira Ehrenpreis and Cynthia Ringo.
DBL has invested in a range of companies primarily with a focus on four sectors:
- Clean tech
- Health care
- Information technology
- Sustainable products & services sectors
A company offering a shared electric scooter mobility platform.
Farmers Business Network is a startup in San Carlos, CA utilizing data to provide enterprise solutions for farmers.
Primus Power is an Hayward, California-based zinc bromine flow battery manufacturer.
Solexant is a San Jose, California-based biotechnology company.
Andela is a cloud computing company creating distributed software engineering teams in Africa.
Zola Electric is an Amsterdam-based renewable energy company.
Advanced Microgrid Solutions is a San Francisco-based company founded in 2013 by Jackalyne Pfannenstiel.
American geospatial technology company that produces tools for map designers and application developers
Associated investment funds
Documentaries, videos and podcasts
- Bill & Melinda Gates FoundationBill & Melinda Gates Foundation operates as a non-profit organization that focuses on healthcare, poverty, and educational sectors in developing countries.
- Omidyar NetworkA family investment office in California that focuses on transformative power of people, markets, ideas, and technology
- The Skoll FoundationA family investment office in California that focuses on investing in social entrepreneurs.
- Khosla ImpactCompany