Tag: electrification

Fleet Electrification Provider XL Hybrids Secures $22 Million Investment

Fleet Electrification Provider XL Hybrids Secures $22 Million Investment

| October 16, 2017

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. […]

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