News & Insights
Cascadia Capital Advises WorldCNG on Its Investment from Union Bay Capital
February 6, 2013
World CNG, a company specializing in alternative fuel vehicle technology and conversions, today announced the receipt of $5 million in funding from Seattle-based Union Bay Capital, a leading institutionally backed private investment firm. World CNG plans to use the infusion of growth capital to accelerate product research and development, expand and upgrade its natural gas vehicle conversion facilities, and more deeply penetrate its core market.