TechNexus operates as a force multiplier between ambitious enterprises and entrepreneurs to fund and incubate opportunities that lead to new market potential, and ultimately new revenue growth. To create a robust ecosystem, THOR and TechNexus will identify and develop ventures that leverage unique business models, emerging consumer trends, and advanced and new technology applications important to the Recreational Vehicle industry. Prioritizing early- and growth-stage companies globally, THOR and TechNexus will accelerate the success of portfolio companies by contributing industry and technical expertise, access to channel partnerships, and the ability to launch and scale innovative solutions through selective co-development opportunities with THOR.

THOR’s investment in this partnership will empower it to expand access to the RV lifestyle – for the explorers, ramblers, weekend warriors, and every adventurer in-between; and provides a pathway to engage with next-generation technologies like autonomy, robotics, electric vehicles (EV), and digital consumer experience.

More than just providing capital for growing ventures, the goal of this effort is to make it much easier for fast growing and innovative companies to do business with THOR and to give THOR a more diverse view of the technologies, experiences and features important to our growing customer base.

Read more on THOR Industries and TechNexus Venture Collaborative’s partnership here.