TechNexus Venture Collaborative Forms a Joint Venture with Brunswick to Drive Innovation in Marine and Fitness
Today, TechNexus Venture Collaborative and Brunswick (NYSE: BC) announced that they have formed a joint venture to identify and incubate transformative start-up ventures with strategic marine and fitness applications that will redefine the respective industries.
TechNexus, which finds, funds, and fosters growth of technology ventures for entrepreneurs and enterprises, will work with Brunswick to collaborate with startups that are driving innovation. TechNexus’ technology focus areas include mobile and cloud, data analytics, artificial intelligence and machine learning, AR/VR, IoT, and robotics and their application across various industries that include transportation, heavy industry, retail, marine and fitness.
“We realize that technology is changing the way our customers interact with our products and believe that this joint venture will help us continue to offer them industry-leading experiences,” said Brunswick’s Chief Technology Officer David Foulkes. “Marine and fitness are full of innovative opportunities, and we look forward to harnessing that momentum to drive long-term growth.”
“As emerging technology continues to change the way people move – in terms of fitness or on the water – there is vast opportunity for companies like Brunswick to redefine how customers experience the world,” said Terry Howerton, CEO of TechNexus. “Combining agile startup applications with enterprise insight and networks makes the innovation process faster and more effective to execute.”