EnerTech Global Strategic Mobility Fund Receives $10M Investment from AAM

American Axle & Manufacturing Holdings, Inc., (NYSE: AXL), a leader in driveline and metal forming technology, made a $10m investment in the Global Strategic Mobility Fund (GSMF), a venture capital fund managed by EnerTech Capital. As a strategic partner, AAM gains access to EnerTech’s network of business alliances and emerging technology, all supporting mobility innovation that can help enhance AAM’s products and operations. This includes exposure to academic research, market intelligence, new business development opportunities and data from public-private coalitions accelerating innovation in the clean mobility space. Its current platform focuses on emerging opportunities in the mobility space across electrification, connectivity, autonomy, and digitization sectors. Led by David C. Dauch, Chairman and Chief Executive Officer, AAM designs, engineers and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles.