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CorporateVentureCapital.com

Volvo Group Venture Capital

Profile and portfolio

Parent Volvo GroupHQ Gothenburg, SwedenFounded 1997

Volvo Group Venture Capital is the corporate venture arm of Volvo Group, an automotive company. It was founded in 1997 and is based in Gothenburg, Sweden. It invests from Series A to Series C+. Sectors it names: mobility and automotive, logistics and supply chain, climate and energy.

Companies backedS1
100+

Every figure links to its source

Snapshot

Investment stage: Series A to Series C+
Data behind this graphic
Data behind this graphic
ItemValue
Stage rangeSeries A to Series C+
SectorsMobility and automotive, Logistics and supply chain, Climate and energy
GeographyNorth America, Europe
OfficesGothenburg, Sweden, Greensboro, United States

Sources: S1 Volvo Group Venture Capital page; S3 Volvo Group Venture Capital portfolio companies.

Graphic 1 of 3

Investment stage: Series A to Series C+

Sources: S1 Volvo Group Venture Capital page; S3 Volvo Group Venture Capital portfolio companies.

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Investments closed by company type
Data behind this graphic
Data behind this graphic
ItemCompaniesShare
Autonomous trucking17.1%
Software for autonomous mobility17.1%
Service relationship management17.1%
Shared truckload17.1%
Automated driving testing17.1%
Supply chain visibility17.1%
Public transport platform17.1%
Supply chain risk intelligence17.1%
Relay long-haul transport17.1%
Connected vehicle cybersecurity17.1%
Digital freight exchange17.1%
EV charging platform17.1%
Driver safety telematics17.1%
Fuel cells17.1%

A company can carry more than one tag

Sources: S3 Volvo Group Venture Capital portfolio companies.

Graphic 2 of 3

Investments closed by company type

Sources: S3 Volvo Group Venture Capital portfolio companies.

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Scale and capital allocated
Data behind this graphic
Data behind this graphic
MeasureValueUnitKindSource
Companies backed100+companiesStated by the firmS1
Companies on the firm's portfolio page15companiesCounted from the firm's own listS3

Sources: S1 Volvo Group Venture Capital page; S3 Volvo Group Venture Capital portfolio companies.

Graphic 3 of 3

Scale and capital allocated

Firms and databases count companies, rounds and investments differently.

Sources: S1 Volvo Group Venture Capital page; S3 Volvo Group Venture Capital portfolio companies.

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Where it invests and who leads it

Geography

Headquarters
Gothenburg, Sweden
Offices

Investment regionsS1S3

LeadersS2

Volvo Group Venture Capital on LinkedIn

Key facts

FactValueStatusSource
Parent companyVolvo GroupSingle sourceS1
Parent industryAutomotive and mobilitySingle sourceS1
Founded1997Single sourceS1
HeadquartersGothenburg, SwedenSingle sourceS1
StatusActiveSingle sourceS1
Capital sourceParent company onlySingle sourceS1
Companies backed100+Single sourceS1
StagesSeries A, Series B, Series C+Single sourceS1

For founders

ItemWhat the firm saysSource
StagesSeries A, Series B, Series C+S1
Check sizeUSD 1M to USD 10MS1

Recent rounds

DateCompanyRoundAmountLed by the firmSource
2026-01-28WaabiSeries C+USD 750MNoS5
2024-09-10aifleetNot statedNot statedS4

Portfolio

The firm's portfolio page lists 15 companies.S3

The firm also states 100+ companies backed. The page list and the stated total measure different things.S1

Portfolio by the firm's own tags. A company can carry more than one tagS3
TagCompaniesShare
Autonomous trucking16.7%
Software for autonomous mobility16.7%
Service relationship management16.7%
Shared truckload16.7%
Automated driving testing16.7%
Supply chain visibility16.7%
Public transport platform16.7%
Supply chain risk intelligence16.7%
Relay long-haul transport16.7%
Connected vehicle cybersecurity16.7%
Digital freight exchange16.7%
EV charging platform16.7%
Driver safety telematics16.7%
Fuel cells16.7%

Shared portfolio with other corporate VCs

10 companies on the Volvo Group Venture Capital portfolio page also appear on the portfolio page of at least one other firm in this directory. Matched by company website, or by name where no website is published.

FirmSharedCompanies in common
AGCO Ventures1Apex.AI
Airbus Ventures1Apex.AI
Hella Ventures1Apex.AI
InMotion Ventures1Apex.AI
Toyota Ventures1Apex.AI
ZF Ventures1Apex.AI
ComfortDelGro Ventures1Foretellix
Emerson Ventures1Foretellix
Woven Capital1Foretellix
Gerdau Next Ventures1aifleet
Prologis Ventures1Cargomatic
Inven Capital1Driivz

Companies backed by the most corporate VCs

Every company on the Volvo Group Venture Capital list

15 companies, as listed on the firm's own website: 11 listed, 4 exited.S3 Read the firm's list.

Listed 11

  • aifleet
  • Apex.AI
  • Decisiv
  • Flock Freight
  • Foretellix
  • FourKites
  • Optibus
  • Prewave
  • Trucksters
  • Upstream Security
  • Waabi

Exited 4

  • Cargomatic
  • Driivz
  • Lytx
  • PowerCell Sweden

History

  1. Volvo Group Venture Capital was foundedS1

Official pages

Read the firm's own pages for current information.

  • Website www.volvogroup.com/en/about-us/organization/volvo-group-venture-capital.html
  • Portfolio www.volvogroup.com/en/about-us/organization/volvo-group-venture-capital/portfolio-highlights.html

Sources

  1. S1Volvo Group Venture Capital pageFirm
  2. S2Volvo Group Venture Capital meet the teamFirm
  3. S3Volvo Group Venture Capital portfolio companiesFirm
  4. S4Volvo Group Venture Capital invests in aifleet, an AI-driven trucking companyFirm
  5. S5Waabi secures $1 Billion in new funding to lead Physical AI revolutionPress

Disclaimer and corrections

Not affiliated. This page is not affiliated with, endorsed by or sponsored by Volvo Group Venture Capital or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.

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