Capricorn Investment Group and one of our companies in our Technology Impact Growth Fund II, Harbinger Motors, were featured in a recent Wall Street Journal publication regarding participation in their recent Series C round.
Harbinger Motors is bringing electrification to the medium duty segment. They are aiming to reduce carbon emissions across fleets by offering an environmentally friendly vehicle without a price premium. Medium-duty internal combustion engine vehicles waste up to 70% of fuel energy as heat, leading to high operating costs and a significant environmental impact. Harbinger is working to create accessible, scalable solutions to this issue.
Read the article by Liz Young to hear more: Read here.