Led by venture capital veterans Josh Becker and Benjamin Black, New Cycle Capital is raising an early stage fund to invest in companies in the extended green economy and domestic emerging market.

Extended Green Economy: Non-energy generation businesses that take advantage of the economic dislocation resulting from new energy and resource usage patterns.

Domestic Emerging Market: Businesses and entrepreneurs who either focus on lower-income and ethnic populations or lack access to traditional sources of risk capital

So far, the company lists four companies in the portfolio on its website; TerraPass, Positive Energy, Sneaker Villa, and CitizenHawk.

Story from VentureBeat.

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