Allison Transmission Venture Capital Arm Acquires Stake in AI Firm Agtonomy

MT Newswires Live
2024-10-23

Allison Transmission (ALSN) said late Tuesday its venture capital arm, Allison Ventures, acquired a stake in Agtonomy that provides artificial intelligence-enabled automation software for agriculture and land maintenance.

The investment will help Agtonomy improve its productivity and operational efficiency, Allison said.

Financial details of the deal weren't disclosed.

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