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Friday 25 June 2021
$20m in private capital to accelerate the electrification of commercial fleets
With an innovative “EV as a Service” model, 7 Generation Capital aims to seize the relatively untapped market potential of commercial fleets looking for low-risk options to transition to EVs
7 Generation Capital, a Vancouver-based specialty start-up offering a one-stop, one-bill, turnkey solution to transition corporate fleets to EVs, just won a big endorsement for its business model: US$20 million in project equity from Spring Lane Capital, a private equity firm based in Boston and Montreal.
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