XL Hybrids Secures $22 Million Investment, Validates Mission of Vehicle Electrification
Exelon Corporation (EXC)
Last exelon corporation earnings: 2/11 06:50 am
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Source: Business Wire
Constellation Technology Ventures joins IKEA Group in Series D round of funding BOSTON--(BUSINESS WIRE)-- XL Hybrids, Inc., the leader in connected fleet electrification solutions for commercial and municipal fleets, today announced it has raised an oversubscribed Series D round of $22 million. Constellation Technology Ventures (CTV), the venture capital arm of Exelon Corporation, and IKEA Group participated in the round along with new and existing large family office investors. The series brings XL Hybrids’ total funding to over $50 million to date for the development, sale and distribution of fleet vehicle electrification solutions to major customers across North America. CTV and IKEA Group both financially back companies that are leading the charge within the megatrends of vehicle electrification, vehicle connectivity and the low carbon economy. Their investment in XL Hybrids co
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EXC
Earnings
- 2/21/24 - Beat
EXC
Sec Filings
- 4/19/24 - Form POS
- 4/10/24 - Form SC
- 4/9/24 - Form DEFA14A
- EXC's page on the SEC website