Investor Overview
1997
Founded
4
# Portfolio
5
# Investments
1
# Exits
2023
Latest Investment
Volvo Group Venture Capital AB was founded in 1997 and is Volvo Group’s corporate investment company. Our role is to drive new business growth through identifying and initiating partnerships with innovative companies participating in the transformation of our industry.
To identify new partnerships, we cooperate with an extensive global network of entrepreneurs and investors. While analyzing opportunities, we look at the company’s potential and how we can combine the assets of the company with the capabilities of the Volvo Group. For the evaluation we work in close collaboration with our commercial and engineering teams. We look for passionate management teams sharing a vision of how we together create customer value.
Our focus is on areas in which technology-based innovation results in new solutions that improves the profitability of our customers and enable new business opportunities for the Volvo Group.
News
Team (9789)
Portfolio (4)
Startup | Status | Founded | Sector | Funding | |
---|---|---|---|---|---|
![]() | Foretellix | Active | 2018 | $133M | |
![]() | Upstream Security | Active | 2017 | $102M | |
![]() | Optibus | Active | 2014 | $260M | |
![]() | Driivz | Acquired | 2011 | $37M |
Exits (1)
Exit | Date | Consideration | |
---|---|---|---|
![]() | Foretellix Startup Acquisition | 2020 |
Funding Rounds (5)
Round | Date | Amount | Investors | |
---|---|---|---|---|
![]() | Foretellix Series C | December 2023 | $42M | Temasek, Isuzu, Woven Capital, Nvidia, MoreTech, Jump Capital, Next Gear Ventures, OurCrowd, Artofin VC, Volvo Group Venture Capital, Nationwide Insurance |
![]() | Optibus Series D | July 2022 | Volvo Group Venture Capital | |
![]() | Foretellix Series B | September 2021 | $32M | OurCrowd, 83North, Jump Capital, Next Gear Ventures, Japan-Israel Hi-Tech Ventures, Nationwide Insurance, MoreTech, Volvo Group Venture Capital |
![]() | Upstream Security Series C | August 2021 | $24M | Direct Insurance (IDI), 57 Stars, La Maison Partners, Glilot Capital Partners, Salesforce Ventures, Nationwide Insurance, Delek US, Volvo Group Venture Capital |
![]() | Driivz Strategic | March 2021 | Volvo Group Venture Capital |
Funds (0)
Co-Investors (19)
ㅤInvestor Name | Investor Type | Location | Portfolio | |
---|---|---|---|---|
![]() | ㅤOurCrowd | Crowdfunding | Israel | 89 |
![]() | ㅤGlilot Capital Partners | Venture Capital | Israel | 36 |
![]() | ㅤ83North | Venture Capital | Israel | 38 |
![]() | ㅤNext Gear Ventures | Venture Capital | Israel | 12 |
![]() | ㅤNvidia | Corporate Venture Capital | United States | 8 |
![]() | ㅤJump Capital | Venture Capital | United States | 7 |
![]() | ㅤSalesforce Ventures | Corporate Venture Capital | United States | 19 |
![]() | ㅤNationwide Insurance | Corporate Venture Capital | United States | 6 |
![]() | ㅤTemasek | Investment Firm | Singapore | 8 |
![]() | ㅤDelek US | Company | United States | 4 |
![]() | ㅤMoreTech | Venture Capital | Israel | 12 |
![]() | ㅤVolvo Group Venture Capital | Corporate Venture Capital | Sweden | 4 |
![]() | ㅤWoven Capital | Corporate Venture Capital | Japan | 2 |
![]() | ㅤArtofin VC | Venture Capital | 1 | |
ㅤIsuzu | 1 | |||
![]() | ㅤLa Maison Partners | Venture Capital | France | 21 |
![]() | ㅤDirect Insurance (IDI) | Investment Firm | Israel | 1 |
![]() | ㅤ57 Stars | Venture Capital | United States | 1 |
ㅤJapan-Israel Hi-Tech Ventures | Venture Capital | Israel | 4 |
Investment Summary
Investment Pace
Stage Focus
Focus
Investor Type