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Capricorn invests in Shift4Good to accelerate global development of innovative mobility solutions

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We are really excited to welcome Capricorn Society as a strategic LP in Shift4Good!

Capricorn is Australasia’s largest automotive cooperative with no less than 26,000 members. This partnership will boost our capacity to scout, support, and scale promising mobility start-ups in Australia and New Zealand. Moreover, it will create multiple opportunities for our portfolio companies to leverage Capricorn’s extensive industry connections, fostering accelerated growth in both Australia and New Zealand.

Transport is on track to become Australia’s largest carbon emitting sector by the end of the decade. Waking up to this reality, the Australian government recently announced an ambitious roadmap aimed at accelerating the adoption of cleaner mobility options and reducing carbon emissions in the transportation sector. Its National Electric Vehicle Strategy will enhance the adoption of EVs by increasing their affordability and providing better access to charging stations.

Find out the full press release here and the media statement here

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