TLDR:
Allison Transmission Holdings has announced the launch of Allison Ventures, its venture capital arm. Rather than operating as a separate fund, the new arm will be embedded within Allison’s corporate team. Allison Ventures will focus on strategic investments and partnerships with start-ups and growth-stage companies that are working on advancements in commercial-duty mobility and work solutions. The initial areas of interest include connectivity, digitization, automation, and other related technologies and business models. Allison Transmission Holdings is a manufacturer and seller of medium- and heavy-duty automatic transmissions.
