Newest Partner: THRIVE AgTech Venture & Innovation Platform

September 24, 2018

THRIVELeaders from SVG Partners and HEIDENHAIN converge at the Forbes AgTech Summit in Indianapolis this week, September 26-27

SAN FRANCISCO (September 24, 2018) — SVG Partners announced today that the leading manufacturer of precision measurement and control equipment, HEIDENHAIN, is the latest corporate partner to join its THRIVE AgTech Venture & Innovation Platform.

The partnership with HEIDENHAIN, a leader of innovative precision measurement and motion control systems for medical, general automation, electronics, and agriculture applications, will leverage the firm’s extensive expertise to advance early stage and growth stage technologies aimed at the agriculture sector.

“We are committed to providing functional, easy to operate technology to our customers, and with THRIVE’s view to innovative agriculture technology companies, the partnership with SVG Partners helps us to achieve this,” said Tom Wyatt, HEIDENHAIN Director of Marketing and Communications.

“We are delighted to welcome HEIDENHAIN to the THRIVE Venture & Innovation Platform,” said SVG Partners and THRIVE founder John Hartnett.

The SVG-THRIVE AgTech platform aims to connect promising startups and partners like HEIDENHAIN with new technologies and scale them across the corporate value chain. In addition to its full suite of encoders, controls and other precision measurement solutions for the manufacturing, electronics and medical industries, HEIDENHAIN is pushing the boundaries of advanced system capabilities through its development of innovation including high performance robotics controls and components in sectors such as agriculture, pulp and paper, forest and wood processing and aggregate and mining equipment.

“HEIDENHAIN is proud to be a member of the THRIVE community and we are looking forward to partnering with the other corporate and academia members,” said Wyatt. “I don’t think most people realize the global challenges facing the food and agriculture industries. Our goal is to advance the effort with our motion control enabling technology.”

This week HEIDENHAIN leaders Chris Weber, Senior Sales Director and Jonathan Dougherty, Product Manager for Automation Products, along with Wyatt will join the SVG Partners team at the Forbes Ag-Tech Summit in Indianapolis, Indiana. The Summit, which is being held in the Midwest for the first time, brings together experts and innovators from the food and agriculture industries to showcase new technologies and industry insights.

For more information, contact Emily Breslin, Emily.breslin@svgpartners.com, 650-666-7521

About HEIDENHAIN
DR. HEIDENHAIN GmbH, headquartered in Traunreut, Germany, develops and supports motion control feedback solutions for the machine tool, semiconductor, electronics assembly and test, metrology, automation, medical, energy, biotechnology and other global markets. HEIDENHAIN employs approximately 6,000 people worldwide in its core business activities. The North American subsidiary is HEIDENHAIN CORPORATION, headquartered in Schaumburg, IL, and San Jose, CA, and has been serving the U.S. industry for over 50 years.

About SVG Partners and THRIVE
Since 2011, SVG Partners has been building a global AgTech innovation platform that accelerates, invests, and works with entrepreneurs, investors, and Fortune 500 food, agriculture, and technology corporations. Founded in 2014, THRIVE AgTech’s mission is to solve key industry challenges, test technologies in the field and across the supply chain, and build partnerships across the ecosystem in order to shorten the time it takes to bring innovation to market. SVG Partners is based in Silicon Valley, California.

www.svgpartners.com

www.thriveagtech.com

Media Contact: Emily Breslin, Emily.breslin@svgpartners.com

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