Husqvarna Group Invests in Gamma Technologies
Published: 21/12, 2021
Husqvarna Group’s venture capital arm has taken an equity stake in Gamma Technologies, marking the fifth investment for the Group’s venture capital fund to collaborate and help grow start- ups in areas of digital disruption that affect related industries.
“Gamma is innovating in an area of high interest to us as we believe Augmented Reality is an important technology when delivering new technology-based services to our customers going forward,” says Mark Johnson, vice president of Corporate Venture Capital, Husqvarna Group. “We look forward to a close collaboration with the Gamma team and to capture learnings to accelerate the evolvement of our Construction business.
Caner Dolas, CEO & co-founder, Gamma Technologies, says that Husqvarna’s investment “will accelerate the revolution of the construction industry and spread awareness about the benefits of using AR technologies on the jobsite. Husqvarna Group, with our current shareholders Formitas, are strategic investors and partners which will help us define the future of construction.”