Carrier Global, a New York-listed provider of building and cold chain logistics, has set up a corporate venturing unit.
Carrier Ventures’ first two investments are AddVolt and OhmConnect, which aim to reduce global emissions from refrigerated transport and homes.
AddVolt developed the world’s first plug-in electric systems for refrigerated transportation markets, the Vector eCool. In 2021, Carrier signed a strategic agreement with AddVolt to advance battery-electric transport refrigeration development.
During times of peak energy usage, OhmConnect users elect to power down smart devices connected to its platform or manually reduce their at-home electricity use in return for points that can be redeemed in the OhmConnect Rewards Marketplace for discounts on Carrier products, prizes or cash via PayPal.
Dave Gitlin, chairman and CEO at Carrier, said: ” In addition to delivering new solutions to make the world healthier, safer, more sustainable and intelligent for generations to come, it will also be an important tool in meeting our previously stated goal of helping our customers reduce their carbon footprints by more than one gigaton by 2030.”
Jennifer Anderson, Carrier’s senior vice-president for strategy, business development and chief sustainability officer, will head Carrier Ventures having joined Carrier last year from Tyson Foods.
She said: “We are looking forward to partnering with AddVolt, OhmConnect and our future portfolio companies.”
