This week, Ryder System, Inc. (NYSE: R), announced a new corporate venture capital fund called RyderVentures.

The fund seeks to invest $50 million over the next 5 years involving start-ups that are developing new innovations in the logistics and transportation industries.

“The focus is on start-up companies that are tackling disruptions in the supply chain, driven by accelerating demand for e-commerce fulfillment, asset sharing, next-generation vehicles, automation, and data analytics, among others.” See Business Wire.

In addition to providing funding, Ryder also offers to leverage its established platform of corporate customers and original equipment manufacturers across more than 20 industries to help start-ups accelerate development, go-to-market, and scale for their innovations.

Here are some links to some additional articles on this story. S&P Global Business Journal DC Velocity

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Photo of Dan Shores Dan Shores

Dan Shores is a Partner at Rothwell Figg and is a founder of its Boston office. He is passionate about helping his clients build robust patent portfolios, litigate matters (both as plaintiffs and defendants in the U.S. District Courts and in IPR and…

Dan Shores is a Partner at Rothwell Figg and is a founder of its Boston office. He is passionate about helping his clients build robust patent portfolios, litigate matters (both as plaintiffs and defendants in the U.S. District Courts and in IPR and other post-grant proceedings), protect trade secrets, negotiate strategic collaborations, conduct due diligence and landscape investigations, and prepare for success in funding rounds and exits. Dan is a problem-solver who excels at deciphering key translational aspects of a broad array of technologies to maximize leverage in the context of clients’ desired implementation of such technologies whether as participants in dynamic markets or as first movers. Dan is a registered patent attorney licensed to practice before the United States Patent and Trademark Office, and is admitted to practice law in Massachusetts and in the District of Columbia. He is a member of the bars of the Supreme Court of the United States, United States Court of Appeals for the Federal Circuit, and United States District Court for the District of Massachusetts. Dan lives in Boston with his wife Lindsay, their daughter Audrey, and their two English Bulldogs Jarves and Rosie.

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