Earth Imaging Journal: Remote Sensing, Satellite Images, Satellite Imagery
Breaking News
Virtual Surveyor Unveils Innovative Method of Generating Topographic Surfaces from Drone Survey Data
Demos at DJI AirWorks and InterGEO AARSCHOT, Belgium– Virtual...
Phase One Announces Successful Operation of 150MP Camera on Smallsat Earth Observation Mission
Space-Hardened Camera Line under development   COPENHAGEN – Phase One,...
UP42 Expands SAR Satellite Portfolio with Addition of ICEYE Data
Persistent Monitoring of Energy, Infrastructure and Maritime Conditions BERLIN –...
Skydio Enterprise Drones Now Available Through Adorama
Adorama Drones Proudly Expands Its Offerings for Enterprise &...
Quanta Micro: SBG Systems new Inertial Navigation System is the perfect tool for UAV surveying
Carrières-sur-Seine – SBG Systems announces the new Quanta Micro...

August 5, 2021
Trimble Launches $200 Million Venture Fund

SUNNYVALE, Calif. – Trimble (NASDAQ: TRMB) announced today the creation of Trimble Ventures, a venture fund focused on investing in early and growth-stage innovative companies that align with Trimble’s mission of transforming work in the agriculture, construction, geospatial and transportation industries.

The fund will launch with $200 million allocated for investments and focus on companies with the potential for technology-enabled innovation and disruption in the digital transformation of the industries Trimble serves. In addition to an investment, Trimble Ventures will bring unique value to partner companies by offering hands-on expertise and insights, industry experience and access to customers, markets and distribution.

Trimble Ventures will deploy strategic capital to accelerate the growth of innovative companies and partners that complement Trimble’s products, technology platforms and support its customer’s work. The fund will invest in early and growth-stage companies with technologies and solutions related to hardware and software applications; artificial intelligence; augmented, virtual and mixed reality; autonomy and robotics; blockchain; the Internet of Things (IoT) and analytics; and sustainability.

“We are focused on partnering with companies that are solving important problems in markets that align with our vision of transforming the way the world works,” said Rob Painter, Trimble’s president and CEO. “Innovation is a cornerstone for Trimble. By providing capital, industry expertise and broader access to markets for early and growth-stage companies, we can help them scale more rapidly. In addition, our partners can help extend Trimble’s platforms to better serve our collective customers. This is an exciting opportunity to accelerate innovation and effectively bring new solutions to our customers and industry.”

Additional information on Trimble Ventures can be found at: ventures.trimble.com.

About Trimble

Trimble is an industrial technology company transforming the way the world works by delivering solutions that enable our customers to thrive. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, transparency and sustainability. From purpose-built products to enterprise lifecycle solutions, Trimble is transforming industries such as agriculture, construction, geospatial and transportation. For more information about Trimble (NASDAQ:TRMB), visit: www.trimble.com.

GTRMB

Comments are closed.