Fleet Electrification Provider XL Hybrids Secures $22 Million Investment
XL Hybrids, Inc., a leader in connected fleet electrification solutions for commercial and municipal fleets, has 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. […]