# Volvo Group Venture Capital: portfolio, investments and team > Volvo Group Venture Capital is a corporate vc based in Sweden. 14 investments on record, 1 in the last 12 months, latest Jan 2026. Source: https://millionrounds.com/fund/volvo-group-venture-capital (Millionrounds; every figure on the page links to its filing or article) Sweden · [Investor](https://millionrounds.com/investors) # Volvo Group Venture Capital Last cheque observed Jan 2026; 14 cheques on record. Email Corporate VC Deploying now Seed Series A Series B Ev Cars Car Follow Volvo Group Venture Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fvolvo-group-venture-capital) Deploying now **100%** of best year **1** **cheques in 12 months**, 14 on record Since the last cheque **281** days **00** hrs **00** min **00** sec Median round **$1.0B** Rounds led **0 of 14** Sole investor **4 rounds** Exits **1 from the portfolio** Mostly in **United States, 43%** Pitch Volvo Group Venture Capital ## Volvo Group Venture Capital highlights - 01 1 cheques in the last 12 months - 02 Mostly Series A and Series B: 64% of its rounds - 03 Sole investor in 4 rounds, median undisclosed - 04 1 exits from the portfolio ## What they do > Trucks, buses, construction equipment and marine and industrial engines. Complete solutions for financing and service. From their own website - **Type:** Corporate VC (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B Growth - **Sectors:** Ev Cars Car - **Based in:** Gothenburg, Sweden - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **14 appearances** - **2026** 1 round - **Jan** **[Waabi](https://millionrounds.com/company/waabi)** Series C · CA · TechCrunch **$1.0B** With 17 others - **2015** 2 rounds - **Apr** **[Peloton Technology](https://millionrounds.com/company/peloton-technology)** Series A · US **$16M** With 9 others - **Jan** **[Cargomatic](https://millionrounds.com/company/cargomatic)** Series A · US **$8.0M** With 12 others - **2013** 3 rounds - **Sept** **[RidePal](https://millionrounds.com/company/ridepal)** Series A · US · finsmes.com **$3.2M** With 4 others - **Feb** **[DriveCam](https://millionrounds.com/company/drivecam)** Venture · US · businesswire.com **Undisclosed** Sole investor - **Feb** **[Lytx, Inc.](https://millionrounds.com/company/lytx-inc)** US **Undisclosed** Sole investor - **2009** 2 rounds - **Nov** **[Nema Labs](https://millionrounds.com/company/nema-labs)** Venture · SE · tradingmarkets.com **$72K** With 2 others - **Jun** **[SDC Materials,Inc.](https://millionrounds.com/company/sdc-materials-inc)** US **Undisclosed** Sole investor - **2008** 3 rounds - **Dec** **[Vaprema](https://millionrounds.com/company/vaprema)** Series B · CA · deals.venturebeat.com **$17M** With 3 others - **Dec** **[I-Tech](https://millionrounds.com/company/i-tech)** SE **Undisclosed** Sole investor - **Jun** **[TranSiC](https://millionrounds.com/company/transic)** Series B · SE · vcastocks.com **Undisclosed** With 2 others - **2007** 1 round - **Nov** **[Vaperma Inc.](https://millionrounds.com/company/vaperma-inc)** Series B · CA · deals.venturebeat.com **$23M** With 4 others - **2006** 1 round - **Nov** **[TranSiC](https://millionrounds.com/company/transic)** Series A · SE **$565K** With 1 other - **2005** 1 round - **Apr** **[Illuminate Labs](https://millionrounds.com/company/illuminate-labs)** Venture · SE **$1.1M** With 1 other An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team We hold **10** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## Exits from the portfolio Companies it backed that were later bought or listed **1 in all** **[Illuminate Labs](https://millionrounds.com/company/illuminate-labs)** Bought by [Autodesk](https://millionrounds.com/fund/autodesk) **Undisclosed** Jul 2010 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Seed Series A Series B Median round joined **$1.0B** the round, not its cheque Alone, median **-** Led 0 of 14 rounds **0%** - **Sole investor:** 4 rounds - **Last cheque:** Jan 2026 - **Exits:** 1 from the portfolio Rounds by stage said on their site - Series A said *4* - Series B said *3* - Venture *3* - Series C *1* - Seed said *-* - Growth said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) 2 - [Emerald Technology Ventures](https://millionrounds.com/fund/emerald-technology-ventures) 2 - [Industrifonden](https://millionrounds.com/fund/industrifonden) 2 - [Low Carbon Accelerator](https://millionrounds.com/fund/low-carbon-accelerator) 2 - [Midroc New Technology](https://millionrounds.com/fund/midroc-new-technology) 2 **Pitching Volvo Group Venture Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Volvo Group Venture Capital. A count of rooms they were both in, not a relationship either has claimed. [**BDC Capital** VC firm **2** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**Emerald Technology Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/emerald-technology-ventures)[**Industrifonden** VC firm **2** rounds together](https://millionrounds.com/fund/industrifonden)[**Low Carbon Accelerator** VC firm **2** rounds together](https://millionrounds.com/fund/low-carbon-accelerator)[**Midroc New Technology** Investment firm **2** rounds together](https://millionrounds.com/fund/midroc-new-technology) ## Recently backed The latest companies Volvo Group Venture Capital put money into. [**Waabi** $1.0B · Jan 2026](https://millionrounds.com/company/waabi) ## Quick answers about Volvo Group Venture Capital ### What does Volvo Group Venture Capital invest in? Volvo Group Venture Capital invests most often at Series A and Series B (64% of the rounds on record), in sectors such as Ev, Cars and Car. ### How active is Volvo Group Venture Capital? 14 investments on record, 1 of them in the last 12 months. The most recent was in Jan 2026. ### What has Volvo Group Venture Capital invested in recently? Its most recent investments on record: Waabi (Series C, Jan 2026). ### How big are Volvo Group Venture Capital's cheques? The median round it joins is $1.0B. ### Does Volvo Group Venture Capital lead rounds? Rarely, if at all: none of its 14 investments on record names it as the lead. ### Where does Volvo Group Venture Capital invest? Most of the companies it backs are in the United States (43%), Sweden (36%) and Canada (21%). ### Is Volvo Group Venture Capital investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### Who does Volvo Group Venture Capital invest alongside? Most often BDC Capital (2 rounds together), Emerald Technology Ventures (2 rounds together) and Industrifonden (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=volvo-group-venture-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=volvo-group-venture-capital)