FUNDING MAP / CORPORATE VENTURE

Volvo Cars Tech Fund

Volvo Cars Tech Fund is the corporate venture arm of Volvo Cars, headquartered in Gothenburg and founded in 2018. It makes minority investments, typically EUR 1 million to EUR 5 million at seed, Series A and Series B, in mobility technology such as batteries, sensors, robotics, power electronics, charging and sustainable materials. Nordic holdings include Altris, Varjo, Syre and Eliq, and it exited Forciot in 2025. Its latest recorded deals are Riiico (June 2025) and Breathe Battery Technologies (May 2025).

Corporate Venture SE
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Volvo Cars Tech Fund is one of 12 corporate venture arms on the Nordic hardtech funding map, based in Sweden. See the whole map or every list by type and origin.

Hardtech portfolio

Luminar Technologies · FreeWire Technologies · Leadrive · Altris · Varjo · Forciot · Breathe Battery Technologies · NEURA Robotics · Bcomp · StoreDot · Spectralics · Dcbel · Viospatia · Niron Magnetics · UVeye · Syre

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