Capricorn Investment Group

Capricorn Investment Group is a Palo Alto-based multi-family office and impact investment firm founded in 2000, originally established as the investment platform for Jeff Skoll, eBay's first president, and now managing approximately $10 billion in multi-asset class portfolios for mission-aligned families, foundations, and institutional investors. The firm operates a distinctive multi-asset class structure spanning venture capital, growth equity, public equities, fixed income, and real assets, all unified by a core thesis that it is possible to achieve exceptional investment returns by backing the most transformative commercial solutions to the world's most pressing problems, particularly in climate change, renewable energy, and health. Capricorn's venture capital activities are conducted through its Technology Impact Funds, which have backed breakthrough technology companies in electric vehicles, next-generation energy storage, fusion energy, earth observation, advanced materials, and industrial decarbonization. The Technology Impact Fund was an early investor in Tesla before the company's Nasdaq IPO, when it was still a pre-revenue electric vehicle startup, one of the earliest institutional bets on the electrification of transportation. Other portfolio companies include QuantumScape, the solid-state battery company that completed a NYSE listing; Joby Aviation, the electric air taxi company listed on NYSE; Planet Labs, the earth observation satellite company; Saildrone, the autonomous ocean data collection company; Electric Hydrogen, the industrial electrolyzer company; and Helion, the fusion energy startup. Beyond its original investments in Beyond Meat, Tesla, Bloom Energy, and Calera, the portfolio has expanded to include more than 50 technology companies focused on climate and energy transition.