# Volvo Cars Tech Fund

> Volvo Cars Tech Fund is a VC fund backing Automotive and Software. See 43 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Mountain View, United States
- Total investments: 43
- Last investment: Jun 2025
- Lead investor: 53%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/volvo-cars-tech-fund/
- Website: https://group.volvocars.com/company/innovation/volvo-cars-tech-fund

Volvo Cars Tech Fund is a VC fund in Mountain View focused on Automotive and Software. Volvo Cars, the premium car maker, has an investment fund aimed at investing in high potential technology start-ups around the globe. The aim of the Volvo Cars Tech Fund is to invest in strategic technology trends that are transforming the industry, such as artificial intelligence, electrification, autonomous driving and digital mobility services.

## Contacts

5 contacts available for Volvo Cars Tech Fund. Shizune tracks 3 team members at Volvo Cars Tech Fund. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/volvo-cars-tech-fund?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Series B | $14M–$124M |
| Venture - Series Unknown | $450k–$21M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Automotive | 11 | 26% |
| Software | 7 | 16% |
| Artificial Intelligence | 5 | 12% |
| CleanTech | 4 | 9% |
| Manufacturing | 4 | 9% |

51 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Venture - Series Unknown | 9 | 21% |
| Series B | 6 | 14% |
| Series C | 5 | 12% |
| Series A | 4 | 9% |
| Funding Round | 4 | 9% |

9 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 8 | 19% |
| Israel | 5 | 12% |
| Sweden | 3 | 7% |
| United Kingdom | 3 | 7% |
| Finland | 2 | 5% |

9 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Henrik Green | CTO | 2 | https://shizune.co/investors/profile/henrik-green-9379 |
| Alexander Petrofski | CEO | 6 | https://shizune.co/investors/profile/alexander-petrofski |
| Pratik Budhdev | Investment Director Americas | 5 | https://shizune.co/investors/profile/pratik-budhdev |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| RIIICO | RIIICO is an information technology company that specializes in the fields of software and artificial intelligence. | $5M | Seed | Jun 12, 2025 |  |
| Breathe Battery Technologies | Physics-based adaptive charging for software-defined batteries. We help the world’s leading automotive and consumer electronics brands deliver superior charging experiences. Our dream is that one day everyone will breathe clean air. That's why we make batteries better. | $21M | Series B | May 07, 2025 |  |
| NEURA Robotics | NEURA Robotics is a high-tech robotics company which is poised to usher the way into the cognitive era by building intelligent robotic assistants which can be used in all areas of life. At NEURA Robotics, we bridge the gap of human-robot interaction by advancing robots’ cognitive abilities with groundbreaking leaps in environment perception,mechanical design, and artificial intelligence. We have successfully introduced the first-ever commercially available cognitive robot, MAiRA, together with MAV –the Multi-Sensing Autonomous Vehicle and LARA - the Lightweight Agile Robotic Assistant. By giving the robot what is currently missing: senses and a mind, we aim to not only revolutionize modern production sites but also conquer new markets such as medical technologies, home automation, food and agricultural production. | $123.5M | Series B | Jan 15, 2025 |  |
| Altris | Altris develops and industrializes sodium-ion battery technology, focusing on sustainable energy solutions through its Prussian White cathode materials. The company provides sodium-ion cathodes, electrolytes, cell designs, and factory blueprints to enable scalable battery production, along with commercial battery cells for specialized applications.Altris’ batteries offer performance comparable to LFP technology, including long cycle life, flexible operating temperatures, and robust safety standards. Its patented manufacturing processes allow efficient production with minimal energy use, supporting environmentally conscious and cost-effective battery development. The company targets multiple markets, including low-voltage mobile devices, energy storage, maritime, and defense applications, leveraging the inherent advantages of sodium for broad applicability. | $14.4M | Series B | Oct 09, 2024 |  |
| RemotiveLabs | RemotiveLabs is a developer of an automotive software development platform designed to streamline the vehicle manufacturing process. | $973.1K | Venture - Series Unknown | Jun 12, 2024 |  |
| Bcomp | Bcomp is a Fribourg-based startup that specializes in natural fiber composites.Bcomp has developed and patented technologies allowing the fabrication of structural parts from natural fibres. The company's IP is composed of a patent and several years of developments of specific processing technologies derived from the aerospace or marineindustry. While increasing and consolidating our R&D efforts through a network of academic partners, the company develop products in close collaboration with the company'scustomers to account for their specific needs. | $39.4M | Series C | Apr 16, 2024 |  |
| Breathe Battery Technologies | Physics-based adaptive charging for software-defined batteries. We help the world’s leading automotive and consumer electronics brands deliver superior charging experiences. Our dream is that one day everyone will breathe clean air. That's why we make batteries better. |  | Venture - Series Unknown | Mar 11, 2024 |  |
| CorrActions | CorrActions is a software-based platform that's used in a product with human-machine interaction. | $7.3M | Series A | Dec 12, 2023 |  |
| dcbel | dcbel's mission is to deliver energy that lets people live a life without compromise.dcbel™ (formerly known as Ossiaco) sits at the nexus of residential solar power, electric vehicle charging, the smart home, and customer-centric utilities. The dcbel team has a proven history of rethinking energy distribution for everything from largeutility customers to distributed energy resource providers.dcbel's AI-driven sustainable technologies enable people to leverage solar energy to power their cars, their homes, and their lifestyles.dcbel has numerous worldwide patents in power electronics and power conversion and is backed by a number of globally respected investors. | $50M | Series B | Aug 17, 2023 |  |
| LEADRIVE | LEADRIVE is a technology company that focuses on the research and development, production, and sales of new energy vehicle drive solutions and high-performance domestic power semiconductor modules. The company is developing a variety of high-performance motor controllers and self-developed power modules for new energy vehicles, which have wondomestic and foreign first-line passenger cars more than 10 models of OEMs and Tier-1 suppliers have been mass-produced and designated, and OEM certification progress for silicon carbide modules and electronic controls is in progress.LEADRIVE is also constantly investing and innovating in the field of new energy equipment such as wind energy, solar energy, and energy storage, and has taken the lead in realizing the localization of power semiconductor modules. LEADRIVE and Japan Rohm Semiconductor have established a joint laboratory to complete the iterative development of a variety of silicon carbide modules and realized simulation, testing, and efficiency from the device, and electronic control, to vehicle-level, promote. |  | Series C | Aug 15, 2023 |  |

10 of 43 investments shown.

## Co-investors
- [InMotion Ventures](https://shizune.co/investors/profile/inmotion-ventures) — VC Fund, 4 deals together
- [SYSTEMIQ](https://shizune.co/investors/profile/systemiq) — VC Fund, 4 deals together
- [Atomico](https://shizune.co/investors/profile/atomico) — VC Fund, 3 deals together
- [BMW i Ventures](https://shizune.co/investors/profile/bmw-ventures) — VC Fund, 3 deals together
- [EQT Ventures](https://shizune.co/investors/profile/eqtventures) — VC Fund, 3 deals together
- [Lifeline Ventures](https://shizune.co/investors/profile/lifeline-ventures) — VC Fund, 3 deals together

## Similar investors

### Similar industry
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund

### Similar stage
- [Bossa Invest](https://shizune.co/investors/profile/bossanova-investimentos) — VC Fund
- [Almi Invest](https://shizune.co/investors/profile/almi-invest) — VC Fund
- [Korea Credit Guarantee Fund](https://shizune.co/investors/profile/korea-credit-guarantee-fund) — VC Fund

### Similar country
- [Business Finland](https://shizune.co/investors/profile/tekes) — VC Fund
- [Lifeline Ventures](https://shizune.co/investors/profile/lifeline-ventures) — VC Fund
- [Tesi](https://shizune.co/investors/profile/tesi) — VC Fund

## Featured in investor lists
- [Automotive Investors in Sweden](https://shizune.co/investors/automotive-investors-sweden)
- [Automotive VC Funds in Sweden](https://shizune.co/investors/automotive-vc-funds-sweden)
- [Automotive VC Funds in Israel](https://shizune.co/investors/automotive-vc-funds-israel)
- [Transportation Investors in Sweden](https://shizune.co/investors/transportation-investors-sweden)
- [Transportation VC Funds in Sweden](https://shizune.co/investors/transportation-vc-funds-sweden)
- [Automotive Investors in Israel](https://shizune.co/investors/automotive-investors-israel)

## FAQ

### What does Volvo Cars Tech Fund invest in?

Volvo Cars Tech Fund invests primarily in Automotive, Software and Artificial Intelligence startups, most often at Venture - Series Unknown and Series B stage. Most of the 43 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Volvo Cars Tech Fund's check size?

Volvo Cars Tech Fund typically joins rounds of $14M–$124M at Series B and $450k–$21M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Volvo Cars Tech Fund participates in.

### How do I contact Volvo Cars Tech Fund?

Public channels for Volvo Cars Tech Fund include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Volvo Cars Tech Fund?

The team at Volvo Cars Tech Fund includes Henrik Green (CTO), Alexander Petrofski (CEO) and Pratik Budhdev (Investment Director Americas). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co