News > Trimble Launches $200 Million Venture Fund

Trimble Launches $200 Million Venture Fund

BusinessWorld | 05/08/2021 01:26 PM | Click to read full article

Trimble 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.

"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.