May 15, 2024, Toronto, ON, Philadelphia, PA & Indianapolis, IN – Justin LaRocca, Director of Allison Ventures, has joined the EnerTech Mobility Advisory Board. Justin’s focus on early-stage future technologies within the commercial mobility and work solution space supports EnerTech’s current investment strategy and will be extremely valuable to EnerTech’s efforts to accelerate the mobility transition.
Justin is currently Director of Allison Ventures, the newly established corporate venture arm of Allison Transmission, a U.S.-based designer and manufacturer of conventional and electrified vehicle propulsion solutions. As Director, Justin is dedicated to investing in, and partnering with, start-up and growth-stage companies to foster advancements in commercial-duty mobility and work solutions. Allison Ventures’ focus on digitization, automation, sustainability, electrification manufacturing and operations tech aligns with those of EnerTech.
"The invitation to join EnerTech's Mobility Advisory Board is a testament to Allison Transmission's unwavering commitment to Improve the Way the World Works," said LaRocca. "I am eager to engage with the EnerTech team and leverage our collective industry expertise to identify and drive opportunities that will advance commercial-duty mobility."
Prior to Allison, Justin spent eight years at Meritor, which provides a range of industry-leading components, including axles, brakes, suspensions, drivelines and aftermarket parts for the commercial vehicle and industrial markets. He also spent three years at AxleTech International as a global aftermarket controller and purchasing manager.
Justin has a strong background in Corporate Development, M&A, Integration, Corporate Venture Capital, Finance, and Purchasing. He graduated with a Master of Business Administration and a Bachelor of Science in Finance from Walsh College.
“We are excited to have Justin join our Mobility Advisory Board and add Allison Transmission to our prestigious list of 10 Corporate Limited Partners in our 5th fund (Global Strategic Mobility Fund). Justin brings significant domain knowledge in commercial mobility and will provide us with valuable insight and industry connections as we build out our investment portfolio,” said Wally Hunter, Managing Partner at EnerTech.
About EnerTech Capital
EnerTech Capital is a globally recognized venture capital firm that has been investing and partnering with innovators since 1996, empowering entrepreneurs to build transformative technology companies. The firm has pioneered an integrated approach to business building, leveraging strategic collaboration across a diverse stakeholder ecosystem to create value; with a focus on Mobility, Industry 4.0, and Connected Customer. EnerTech’s current platform has a significant focus on emerging opportunities in the mobility space across Electrification, Autonomy, Smart Mobility, and Connectivity. The firm has a long history of working with corporate strategic investors and providing value added insights and partnership opportunities to support growth and innovation objectives.
EnerTech has offices in Toronto, Philadelphia, Palm Beach Gardens, Boston, and Orange County.
For more information, visit: www.EnerTechCapital.com
Contact:
Name: Wally Hunter
Phone Number: 416-418-1505
Email: WHunter@EnerTechCapital.com
About Allison Transmission
Allison Transmission is a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems that Improve the Way the World Works. Allison products are used in a wide variety of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (school, transit and coach), motorhomes, off-highway vehicles and equipment (energy, mining and construction applications) and defense vehicles (tactical wheeled and tracked). Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA. With a presence in more than 150 countries, Allison has regional headquarters in the Netherlands, China and Brazil, manufacturing facilities in the USA, Hungary and India, as well as global engineering resources, including electrification engineering centers in Indianapolis, Indiana, Auburn Hills, Michigan and London in the United Kingdom. Allison also has approximately 1,600 independent distributor and dealer locations worldwide.
For more information, visit www.allisontransmission.com
Contact:
Name: Claire Gregory, Director, Global External Communications, Allison Transmission
Phone Number: 317-694-2065
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