Fundraising Fox

Volvo Group Venture Capital AB

Corporate VC

Gothenburg · Seed–Late Stage · 6 people tracked

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Investment thesis

As the corporate venture capital arm of Volvo Group, the firm makes strategic investments aimed at advancing sustainable transportation. It offers portfolio companies unique advantages tied to being part of a global OEM, including access to top management attention, the expertise of roughly 100,000 employees, a multibillion-dollar supply chain, and global customers and suppliers to partner with. With 25 years of experience in strategic investing, the firm positions itself as fast-moving and founder-first, aiming to create value for its startups, for Volvo Group, and for the broader transportation sector.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Late Stage
Check
$1.1M – $10.8M
HQ
Gothenburg, SE
Instruments
Equity
Founded
1997
AUM
$54M
Tracked investments
18

Team · 6 people

from public directories
Adam Albertsson· Investment Managerin

Investment Manager focused on sourcing, climate tech, and site solutions.

What they invest in

from 12 of 18 portfolio companies

AI & Machine Learning ×10Logistics & Supply Chain ×8Mobility & Transportation ×7SaaS ×5Cloud Computing ×2Deep Tech ×2Robotics ×2B2B Marketplaces ×1

HQs:United States×4Israel×2Canada×1Spain×1

Who they back

founder profiles across 8 portfolio companies
50%
solo founders
4 of 8 mapped founding teams

Founding team size:solo founder×42 founders×4

Investments · 18 tracked

founders shown can be your intro path

By year:2023 · 12021 · 12 dated

Apex Aiapex.aiin✓ verified

Apex.AI develops safety-certified, scalable software for mobility systems, including its Apex.OS product (with Apex.Grace runtime SDK and Apex.Ida communication middleware) to help build software-defined vehicles.

AI & Machine LearningDeveloper ToolsMobility & TransportationRoboticsSaaSPalo Alto, US

Jan Becker(Executive Officer, Director, Promoter)Dejan Pangercic

BoardRayfe Gaspar-Asaoka(Director)in

Co-investorsLightspeed Venture PartnersAirbus VenturesInMotion VenturesToyota VenturesCanaan PartnersWebb Investment Network

AI Fleetaifleet.cominNov 2021

aifleet is a tech-driven trucking company that uses proprietary AI algorithms and route optimization tools to improve driver satisfaction, vehicle utilization, and operational efficiency for freight transport.

AI & Machine LearningFuture of WorkLogistics & Supply ChainTexas, US

Marc El Khoury(Executive Officer, Director)

BoardNan Li(Director)

Co-investorsCompoundGRIDS CapitalObvious Ventures

Automated driving verification platform

A platform provider automating the testing, verification and validation for automated driving systems (ADAS and AV).

Autotech Venturesautotechvc.com

Autotech Ventures is an early-stage venture capital firm managing over $500M, investing globally in Seed through Series C startups focused on ground transportation challenges across connectivity, autonomy, shared-use, electrification, and enterprise digitization.

Cargomaticcargomatic.com

Cargomatic runs a US marketplace matching shippers with local short-haul, drayage, LTL and white glove trucking capacity.

Marina Del Rey, US

Brett Parker(Executive Officer, Director)Jonathan Kessler(Executive Officer, Director)

BoardHrach Simonian(Director)in

Co-investorsAcequia Capital (AceCap)Canaan PartnerseGateway CapitalGreen Meadow VenturesKombo VenturesRachel Zoe Ventures+10 more

Decisivdecisiv.comin𝕏

Decisiv operates a Service Relationship Management (SRM) platform and ecosystem that connects fleet owners, service providers, dealers, and equipment/component manufacturers to manage maintenance and repair events across the commercial vehicle asset lifecycle.

Logistics & Supply ChainMobility & TransportationSaaS

Flexnodeflexnode.ioin

FlexNode provides modular AI infrastructure solutions designed for rapid deployment at the edge.

AI & Machine LearningCloud ComputingDeep Tech

Andrew C. Lindsey(Founder)in

Co-investorsActivant CapitalAvilaColle Capital PartnersMaryland TEDCOTEDCOYes VC+1 more

Flock Freightflockfreight.comin𝕏

Flock Freight provides Shared Truckload (STL) shipping that combines multiple businesses' freight into a single truck, with linear-foot and pallet-based pricing so shippers pay only for the space they use.

AI & Machine LearningB2B MarketplacesLogistics & Supply Chain

Co-investorsKortschak Investments L.P.Schematic VenturesSignalFireSoftBank Vision FundBracket CapitalGLP+2 more

Four Kitesfourkites.comin𝕏

FourKites provides supply chain visibility software across multiple transportation modes including trucking, rail, and ocean freight.

AI & Machine LearningData & InfrastructureEnterprise SoftwareLogistics & Supply ChainSaaSChicago, US

Matt Elenjickal(Founder & CEO)

Co-investorsAugust CapitalBluestein VenturesFundamentumGrand VenturesHyde Park Venture PartnersLobby Capital+4 more

Metamotoin𝕏

Foretellix provides a Physical AI toolchain for autonomous vehicle developers, using real-world data curation, verification & validation, and synthetic data generation to accelerate training, validation, and safety evaluation.

AI & Machine LearningDeep TechMobility & Transportation

Ziv Binyamini(CEO & Co-Founder)Yoav Hollander(CTO & Founder)Gil Amid(Chief Regulatory Affairs Officer, VP Operations & Co-founder)

Co-investors83NorthNext Gear VenturesReshapeSynapse PartnersV1 VCWoven Capital+5 more

NextGearnextgear.fund

NextGear Ventures (NGV) is an early-stage venture capital firm that backs and scales startups focused on sustainability and mobility, including areas such as smart cities, clean electric propulsion, and efficient manufacturing.

Optibusoptibus.comin𝕏

Optibus provides a unified software platform for public transportation agencies and operators to plan, schedule, and manage transit services using artificial intelligence and optimization algorithms.

AI & Machine LearningCloud ComputingLogistics & Supply ChainMobility & TransportationSaaSTel Aviv, IL

Amos Haggiag(Co-Founder & CEO)inEitan Yanovsky(Co-Founder & CTO)in

Co-investorsBessemer Venture PartnersInsight PartnersPitangoTencent HoldingsVerizon VenturesNew Era Capital Partners+2 more

Prewaveprewave.comin

Prewave provides an AI-based supply chain risk platform that analyzes millions of risk events across languages and networks to produce actionable alerts for businesses.

AI & Machine LearningLogistics & Supply ChainSaaS

Lisa Smith(Founder)inHarald Nitschinger(Founder)in

Co-investorsaws GründungsfondsIsaiISAI GestionKOMPAS VCSeed+SpeedSpeedinvest+5 more

Trucksterstrucksters.ioin𝕏Jun 2023

Trucksters operates long-haul road freight using a relay system, where drivers hand off sensorized trailers at monitored relay points so cargo keeps moving without waiting for mandatory driver rest periods.

CleantechLogistics & Supply ChainMobility & Transportation

Co-investorsHeartfelt CapitalKibo VenturesBig Sur VenturesMetavallon VC

Upstream Securityupstream.autoin𝕏

Upstream develops Ocean AI, an artificial intelligence tool for automotive and IoT cybersecurity that helps security analysts investigate threats in connected vehicles through a conversational interface for querying and analyzing security data.

AI & Machine LearningCybersecurityMobility & TransportationHerzliya, IL

Yoav Levy(Co-founder, CEO)Yonatan Appel(Co-founder, CTO)Roy Bachar(Chief Business Officer)Keren Cohen(Chief Financial Officer)Boaz Hartal(Chief Data & Platform Officer)Oren Fridman(SVP Customer Success & Operations)

Co-investorsBMW i VenturesGlilot Capital PartnersManiv MobilityAlliance VenturesCisco InvestmentsCRV (Charles River Ventures)+3 more

VINNvinngroup.com
Waabiwaabi.aiin𝕏

Waabi develops autonomous vehicle technology using Physical AI for trucks and transportation.

AI & Machine LearningLogistics & Supply ChainMobility & TransportationRoboticsToronto, CA

Raquel Urtasun(Founder & CEO)in

Co-investorsKhosla VenturesRadical VenturesNVentures8VCG2 Venture PartnersGolden Ventures+4 more

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Volvo Group Venture Capital AB made?
Volvo Group Venture Capital AB has 17 tracked investments.
What stage does Volvo Group Venture Capital AB invest at?
Volvo Group Venture Capital AB invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is Volvo Group Venture Capital AB's typical check size?
Volvo Group Venture Capital AB typically writes checks of $1.1M – $10.8M.
What sectors does Volvo Group Venture Capital AB focus on?
Volvo Group Venture Capital AB focuses on Advanced Manufacturing, Cleantech, Climate Tech, Data & Infrastructure, Energy, Hardware, Logistics & Supply Chain, Mobility & Transportation, New Materials, Retail Tech, SaaS, Semiconductors.
Where is Volvo Group Venture Capital AB located?
Volvo Group Venture Capital AB is headquartered in Gothenburg, SE.
Who does Volvo Group Venture Capital AB co-invest with?
Volvo Group Venture Capital AB most often shares deals with 83North, 8VC, August Capital, among 70 tracked co-investors.

Images

Volvo Group Venture Capital AB photoVolvo Group Venture Capital AB photoVolvo Group Venture Capital AB photoVolvo Group Venture Capital AB photoVolvo Group Venture Capital AB photoVolvo Group Venture Capital AB photo

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