CNH Industrial Ventures established to accelerate new tech and disruptive innovation

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CNH Industrial has announced the formation of its strategic investment arm, CNH Industrial Ventures. This is a further step for the company’s pioneering industry role to accelerate time-to-market for valuable innovations that will boost customer productivity and advance its ESG targets.

With the aim of strengthening the Company’s position as an innovation  leader  in  the  agriculture  and  construction  segments,  these  investments  and collaborations will focus on areas including Alternative Propulsion, Digital, Autonomy, Robotics and other relevant disruptive technologies.

CNH Industrial Ventures is the latest means by which the company seeks to capitalise on its influence and expertise to attract collaboration with tomorrow’s big thinkers, providing access to expertise and resources. Strategic investments in digital and technology startups have and will  continue  to  support  the  Company’s  organic  capabilities  and  product  offering,  while allowing it to directly engage in finding new customer-facing solutions. In turn, CNH Industrial provides demonstrated value in supporting the market validation and growth of its partners.

“The launch of CNH Industrial Ventures is an exciting milestone that further enhances our commitment  to  innovation,”  said  Michele  Lombardi,  senior vice president  of corporate development at CNH Industrial. “With a strong partnership approach in mind, we aim to leverage our extensive competencies, market reach and asset base to help rapidly growing companies that are redefining the future of agriculture and construction. This structure will continue to expand our ability to increasingly deliver customer-inspired innovation, enhancing their noble work of feeding and building a more sustainable world.”

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Saul Wordsworth is deputy editor of the iVT brand - which includes digital and print editions of a quarterly magazine and Off-Highway Annual, as well as ivtinternational.com. He is a keen cyclist and lives in north London.

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