Volvo Group Venture Capital

Volvo Group Venture Capital invests in young companies on behalf of the Volvo Group, with the aim of moving transport towards more sustainable models. Startups it backs can draw on Volvo's management, engineering staff, supply chain and global customer base.

What Volvo Group Venture Capital offers

• Strategic investment: equity funding in startups with scalable technology relevant to transport.
• Electrification: backing for charging, battery systems, new energy sources and energy optimisation.
• Logistics: investment in optimisation, visibility, sharing and digital services for freight.
• Construction and ports: support for on-site digital tools for building sites, ports and terminals.
• Emissions reduction: technology that cuts emissions and limits the effects of global warming.

Who it works with

Entrepreneurs and startups worldwide, with most attention on Europe and the USA. It has co-invested alongside firms such as Bain Capital, BMW i Ventures, Google Ventures, Khosla, Salesforce, Softbank and THL Partners. Portfolio names shown on the site include Fourkites, Foretellix and Upstream.

Key facts

• Offices: Gothenburg and Greensboro
• Founded: 1997
• Portfolio: more than 100 companies backed
• Pace: three to five new investments annually, plus follow-on rounds