TechNexus Venture Collaborative

TechNexus Venture Collaborative is a Chicago-based venture capital firm founded in 2007 that pioneered the 'venture collaborative' model, a first-of-its-kind structure pairing corporate capital with startup execution at scale, and the longest-operating such platform in the United States. Originally launched as a physical collaboration space for Chicago technology entrepreneurs, it grew into a hybrid venture firm and innovation platform that helps leading corporations and ambitious founders build mutually beneficial relationships, investing capital, incubating ventures and collaborating across its ecosystem to create new business models, revenue streams and products. More than half of its team is dedicated to post-investment collaboration. With roughly $300M in assets under management, TechNexus invests where there is strategic alignment with its corporate partners across audio and consumer electronics, B2B software, health, wellness and fitness, manufacturing, marine and outdoor recreation, media production, mobility, retail and electrification, primarily at the Seed and Series A stages, and it is willing to lead. Since 2017 it has invested in more than 150 portfolio companies and helped them raise over $4 billion in follow-on capital. The firm is led by Founder and CEO Terry Howerton and Founder and General Partner Fred Hoch, alongside Managing Director Andy Annacone. Its flagship holding is Harbinger Motors, an electric medium-duty vehicle maker where TechNexus led the Series A and co-led later rounds with corporate partner THOR Industries; its most recent tracked investment was a $19M Series B in Maverick Metals in April 2025. By matching corporate partners with startups at scale, TechNexus turns strategic alignment into new ventures.