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Bill Gates, Jeff Bezos, and a group of influential billionaires are investing in 2 startups that could solve the biggest problem with renewable energy

Bill GatesREUTERS/Charles Platiau

Bill Gates, Jeff Bezos, Mark Zuckerberg and a group of billionaires are investing in two energy storage startups through their fund, Breakthrough Ventures.
Energy storage is one of the biggest bottlenecks in the widespread adoption of renewable energy.
Breakthrough Ventures’ fund is designed to be “patient capital,” which means it doesn’t mind waiting a long time to see returns. 

Bill Gates, Jeff Bezos, Mark Zuckerberg and a host of their uber-rich compatriots are investing in two energy startups that could solve one of the biggest problems with renewable energy.

They’re investing through a $1 billion fund, Breakthrough Ventures (BEV), which announced last year that energy storage would be one of its main focuses. See the rest of the story at Business Insider

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