Goodyear's Capital Venture Fund Adds TuSimple
Goodyear Tire & Rubber Co.'s year-old capital venture fund, Goodyear Ventures, has added TuSimple, a global autonomous trucking technology company, to its investment portfolio.
TuSimple operates self-driving trucks out of facilities in Arizona, Texas, China, Japan and Europe.
Last year, Goodyear announced that it would provide tires and tire management solutions to TuSimple's Autonomous Freight Network.
The Akron, Ohio-based tiremaker formed Goodyear Ventures in January 2020, earmarking $100 million for investments in the entity.