Homecoming Capital

Homecoming Capital, established in 2019, is a San Francisco-based venture capital firm committed to accelerating the transition to a zero-emission future by investing in scalable infrastructure projects. The firm focuses on decarbonizing key industries, particularly through investments in transportation, energy, and industrial systems. Its core sectors include electric vehicle infrastructure, onshore and offshore wind, solar power, and innovative technologies like green hydrogen and thermal storage​. Homecoming Capital's strategy is centered around providing flexible capital to both early-stage platforms and established businesses undergoing transitions to sustainable models. They invest in companies that align with their mission of electrifying major industries and reducing carbon emissions. Key investments include Forum Mobility, which builds industrial-scale EV charging depots for heavy-duty trucks, and Clean Energy Terminals, a leader in U.S. offshore wind infrastructure. The firm is known for forming long-term partnerships, often being the first institutional capital behind transformative platforms. Homecoming’s approach is guided by four key principles: ensuring the solution decarbonizes the economy, making a meaningful difference with their capital, partnering with experienced leadership teams, and fostering durable, mission-aligned relationships​. Co-founded by Cody Evans and Patrick Arnold, the firm draws on extensive institutional investment experience. Both partners have deep backgrounds in private equity and infrastructure, having worked with firms like Blackstone and Golub Capital​. Homecoming Capital's focus on sustainable infrastructure makes it a key player in advancing zero-emission technologies across North America.