From PE Week Wire:
Draper Fisher Jurvetson has upped the fund-raising cap on its DFJ Element cleantech affiliate to $275 million, according to PE Week. It originally began marketing last fall with a $150 million target. www.dfj.com
This makes three funds I have heard of in recent weeks that are waaaay over-subscribed for brand new, no track record clean-tech funds. Move along folks, no bubble here.