True North Venture Partners

True North Venture Partners is an American venture capital firm, based in Chicago, Illinois and Phoenix, Arizona. The founder, managing partner and chairman is Michael J. Ahearn, who is also the co-founder and chairman of First Solar.

True North Venture Partners
Typeprivate
Industryventure capital
Founded2011
FounderMichael J. Ahearn
Headquarters
Chicago, Illinois
,
US
Key people
Michael J. Ahearn, managing partner and chairman

History

True North was founded in 2011 with $300 million.[1] The firm's focus is mostly on early stage companies, with investments ranging from $100,000 to $25 million, and geared towards startups across the energy, water, agriculture and waste industries.[2]

Ahearn was a former partner and president of an equity investment firm called JWMA (formerly called True North Partners, LLC), which he started with John T. Walton, son of Walmart founder Sam Walton, in 1996. JWMA Partners was one of the largest holders of First Solar stock, and Walmart invested $25 million in First Solar in 2008.[2]

Executives

See also

References
  1. Cheyney, Tom (18 July 2011). "First Solar cofounder Mike Ahearn launches $300M VC firm, True North Venture Partners". pv-tech. Retrieved 7 November 2015.
  2. Fehrenbacher, Katie (Jul 18, 2011). "A new greentech VC to pitch: Michael Ahearn & his $300M fund". gigaom.com. Retrieved 12 February 2016.
  3. "Our Team". truenorthvp.com. Retrieved 12 February 2016.
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