Capricorn Investment Group

Palo Alto, United States · VC · Generalist

About

Capricorn Investment Group is a sustainable investing pioneer founded in 2000, with $14B in AUM as of late 2025. Based in Palo Alto, the Technology Impact Fund and Technology Impact Growth Fund focus on deep tech climate solutions, with the $330M 2017 vintage among the firm's vehicles. Capricorn was an early institutional backer of Tesla, SpaceX, and Planet, and divested fossil fuels in 2010. Recent positions include QuantumScape, Redwood Materials, and Fervo Energy.

Industries

Stage focus

SeedSeries A

Geography

US

Notable investments

  • Tesla
  • SpaceX
  • Planet
  • Joby Aviation
  • QuantumScape
  • Redwood Materials
  • Fervo Energy

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