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Volvo Group Venture Capital AB

Corporate VC

Gothenburg · Seed–Late Stage · 6 people tracked

Find your way into Volvo Group Venture Capital AB

1,078 people in our graph share verified history with the Volvo Group Venture Capital AB team — schools, employers, funds. One of them is your warm intro.

Helen Ciesielskiunlockedknows Joe Darcy · together at Lewis & Clark Ventures (overlapped)
×2knows the team · via Next Gear Ventures
knows the team · via SixThirty
×2knows the team · via IDEA Fund Partners
×3knows the team · via TVM Capital
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Investment thesis

As the corporate venture capital arm of Volvo Group, the firm backs entrepreneurs building scalable solutions that drive the transformation to more sustainable transportation. It concentrates on four key areas: electrification (charging, battery systems, new energy sources and optimization), logistics services (optimization, visibility, sharing and digitization), site solutions (digitalization of construction, ports and terminals), and climate tech to reduce emissions and mitigate global warming. Investments are strategic, offering startups access to Volvo Group's management attention, expertise, supply chain, and global customers and suppliers. The firm takes minority stakes of up to 20%, invests from Series A onward, and operates globally with a focus on Europe and the USA.

Source: firm website, verified Sep 27, 2026.

What founders say

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Stage
Seed–Late Stage
Check
$1M – $10M
HQ
Gothenburg, SE
Instruments
Equity
Founded
1997
AUM
$54M
Tracked investments
27
Unicorns
1
Acquisitions
1

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 15 of 27 portfolio companies

AI & Machine Learning ×10Mobility & Transportation ×10Logistics & Supply Chain ×9SaaS ×7Deep Tech ×3Enterprise Software ×3B2B Marketplaces ×2Climate Tech ×2

HQs:United States×5Israel×3Canada×1Spain×1

Who they back

founder profiles across 12 portfolio companies
50%
solo founders
6 of 12 mapped founding teams
13%
repeat founders
of 15 founders with career history

Founding team size:solo founder×62 founders×6

Where their founders studiedfrom 14 founders with education data

Ben-Gurion University of the Negev ×3Tel Aviv University ×3

What their founders studiedfrom 15 founders with field-of-study data

Computer Science ×8Engineering ×6

Where their founders worked beforefrom 15 founders with career history

Faraday Future ×2Microsoft ×2

Investments · 27 tracked

founders shown can be your intro path

By year:2023 · 12022 · 12021 · 24 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)inDejan Pangercicin

BoardRayfe Gaspar-Asaoka(Director)in

Co-investorsInMotion VenturesLightspeed Venture PartnersAirbus 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 ChainMobility & TransportationTexas, US

Marc El Khoury(Executive Officer, Director)inDrew Bassiniin

BoardNan Li(Director)in

Co-investorsCompoundGRIDS CapitalIbex InvestorsObvious VenturesGerdau Next Ventures

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.

Quin Garcia(Founder)in

Cargomaticcargomatic.com

Cargomatic operates a marketplace that connects shippers with carriers for local freight, drayage, intermodal, LTL, and full-truckload trucking across the top 20 US ports.

B2B MarketplacesLogistics & Supply ChainMobility & TransportationMarina Del Rey, US

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

BoardHrach Simonian(Director)in

Co-investorsAcequia Capital (AceCap)Canaan PartnerseGateway CapitalGreen Meadow VenturesKombo VenturesRachel Zoe Ventures+12 more

Decisivdecisiv.comin𝕏

Decisiv provides a software platform for managing service events across commercial asset fleets, connecting trucks, dealerships, fleet operators, and service providers through unified data and communication systems.

Advanced ManufacturingEnterprise SoftwareIoTLogistics & Supply ChainMobility & TransportationSaaSGlen Allen, US

Richard Hyatt(Executive Officer, Director)Lewis Dodrill(Executive Officer, Director)Peter Garahan(Executive Officer, Director)inTim Hardin(President and CEO)inDavid Settle(Chief Financial Officer and Chief Operating Officer)inSatish Joshi(Chief Innovation Officer)in

Driivzdriivz.comin𝕏Mar 2021

Driivz provides a cloud-based platform for managing EV charging networks, handling operations, energy management, and billing for charging network operators globally.

EnergyIoTMobility & TransportationSaaS

Shiri Levi-Laor(Chief Executive Officer)inNir Simon(Chief Financial Officer)inJulie Taylor(Chief Revenue Officer)inOren Halevi(Chief Product Officer)inLior Shemo(Chief Engineering Officer)in

Co-investorsInven CapitalOmbu GroupCentrica

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 provides shared truckload technology that optimizes freight transportation, reducing costs for shippers, increasing earnings for carriers, and lowering supply chain emissions.

AI & Machine LearningB2B MarketplacesClimate TechLogistics & Supply ChainSaaS

Co-investorsGV (Google Ventures)Kortschak Investments L.P.Roar VenturesSchematic VenturesSignalFireSoftBank Vision Fund+3 more

Foretellixforetellix.comin

Verification and validation platform for automotive safety.

Yoav Hollander(Founder)in

Co-investors83NorthNext Gear VenturesOurCrowdSynapse PartnersV1 VCWoven Capital+2 more

Four Kitesfourkites.aiin𝕏

Four Kites is an AI-driven supply chain platform that uses autonomous agents to optimize supply chain operations and execution.

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

Mathew Elenjickal(Executive Officer, Director)inMatt Elenjickal(Founder and Chief Executive Officer)

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

Metamotoin𝕏acquired by Foretellix · Oct 2020

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.

Norrsken Evolvenorrskenevolve.vc

Norrsken Evolve is a pre-seed venture capital investor that backs early-stage European founders with capital, a network, and an in-person accelerator sprint.

Climate TechDeep TechImpact & Social Good

Co-investorsEuropean Investment Fund

Optibusoptibus.comin𝕏Jul 2022

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+3 more

Prewaveprewave.comin

Prewave provides supply chain risk management software that helps companies monitor suppliers for sustainability and resilience risks.

AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainSaaS

Lisa Smith(Founder)inHarald Nitschinger(Founder)in

Co-investorsaws GründungsfondsIsaiISAI GestionKOMPAS VCSeed+SpeedSpeedinvest+6 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-investorsBonsai Partners SGEIC, SAHeartfelt CapitalKibo VenturesMetavallon VCBig Sur Ventures

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)inYonatan Appel(Co-founder, CTO)inRoy Bachar(Chief Business Officer)inKeren Cohen(Chief Financial Officer)inBoaz Hartal(Chief Data & Platform Officer)inOren Fridman(SVP Customer Success & Operations)in

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

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+9 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

CPAC SystemIlluminate LabsLytxPlug and PlayPowercell SwedenTerratechUpstreamVINNWireless Car

Exits · 1

1 acquisitions

Metamotoacq. by Foretellix

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 27 tracked investments, 1 of which have exited.
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 $1M – $10M.
What sectors does Volvo Group Venture Capital AB focus on?
Volvo Group Venture Capital AB focuses on Advanced Manufacturing, Cleantech, Climate Tech, Construction 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, Canaan Partners, Insight Partners, among 92 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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