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Trimble Ventures

CVC

USOtherAI/MLEnterpriseDeep TechB2B SaaSClimate

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Investment thesis

Trimble Ventures is the corporate venture capital arm of Trimble Inc., focused on investing in and collaborating with 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 deploys strategic capital to accelerate the growth of innovative companies and partners that complement Trimble's products, technology platforms and support its customer's work. Trimble Ventures targets 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. The fund operates as 'more than just a typical corporate investment vehicle,' offering hands-on expertise and insights, industry experience, and access to customers, markets and distribution through Trimble's global network of more than 12,000 employees and $662 million in R&D investment.

Notable quotes

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. 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.

Rob Painter · Trimble Press Release · 2021-08-04

More than just a typical corporate investment vehicle was our overriding principle when we launched Trimble Ventures in 2021 and it continues to be the North Star that guides our program. We find and nurture innovation, build and connect ecosystems, and extend and scale our platform to deliver untapped value to our customers and the companies we collaborate with.

Chris Stern · Trimble Blog · 2025-08-05

Construction faces a double-edged sword. It must meet massive demand despite the many structural barriers preventing growth and limiting output – such as an aging, shrinking workforce and industry fragmentation. Industry collaboration between the big industry players and tech startups is needed more than ever to help scale the disruptive technologies being created and get them to market.

Chris Stern · CB Insights News · 2025-01-09

Team

Chris Stern

CVP and Managing Director

ConstructionAI/MLEnterprise

Eliot Jones

Principal

ConstructionAI/MLB2B SaaS

Paul Rimas

General Counsel

Aviad Almagor

Technology Advisor

Jim Todd

Finance

German Aparicio

Program Manager

Recent investments

CompanyRoundSizeDate
Xona Space SystemsSeries A2025-03-11
Neuron FactorySeed$6m2026-03-01
Document CrunchSeries A
ProjectMarkSeed$3m2023-09-01
Civ RoboticsSeed2022-09-21
OneRailSeries B$33m2022-11-01
Monarch Tractorunknown

Frequent co-investors

VC firmDeals together
Ironspring Ventures3
Zacua Ventures3
Fifth Wall1
Navitas Ventures1
Space Capital1
Cemex Ventures1

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