# Volvo Group Venture Capital

> Volvo Group Venture Capital is a VC fund backing Transportation and Software. See 36 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Gothenburg, Sweden
- Total investments: 36
- Last investment: Jan 2026
- Lead investor: 28%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/company/volvo-group-venture-capital
- X (Twitter): http://twitter.com/VolvoVC
- Website: http://www.volvogroup.com/venturecapital
- Facebook: https://www.facebook.com/volvogroup

Volvo Group Venture Capital is a corporate investment company making venture capital and growth equity investments. Their mission is to drive new business growth and their ambition is to be a leading corporate investor in sustainable transport and infrastructure solutions. Their value proposition to the companies we invest in, other investors aswell as to our Volvo colleagues, is to accelerate growth.

## Contacts

5 contacts available for Volvo Group Venture Capital. Shizune tracks 2 team members at Volvo Group Venture Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/volvo-group-venture-capital?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $565k–$16M |
| Series B | $17M–$200M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Transportation | 9 | 25% |
| Software | 6 | 17% |
| Logistics | 6 | 17% |
| Automotive | 4 | 11% |
| Fleet Management | 4 | 11% |

45 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Funding Round | 12 | 33% |
| Series B | 9 | 25% |
| Series A | 4 | 11% |
| Series C | 4 | 11% |
| Venture - Series Unknown | 3 | 8% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 12 | 33% |
| Sweden | 7 | 19% |
| Israel | 4 | 11% |
| Canada | 2 | 6% |
| Spain | 1 | 3% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Dan Tram | Investment Director | 3 | https://shizune.co/investors/profile/dan-tram |
| Charlotta Modig | CFO | 0 | https://shizune.co/investors/profile/charlotta-modig |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Waabi | Waabi operates as a self-driving technology start-up. Waabi is bringing the promise of self-driving closer to commercialization than ever before. | $750M | Series C | Jan 28, 2026 |  |
| Aifleet | Aifleet is the first full-stack tech/trucking company, utilizing advanced AI algorithms to maximize asset utilization. The company was established with a mission of harnessing the power of technology to rebuild trucking for hard-working drivers. Aifleet operates in the $400 bn full truckload market. Since launching operations in late 2020,aifleet has demonstrated the power of its technology; today, aifleet's asset utilization is ~35% higher than industry average. | $16.6M | Series B | Sep 10, 2024 |  |
| Waabi | Waabi operates as a self-driving technology start-up. Waabi is bringing the promise of self-driving closer to commercialization than ever before. | $200.5M | Series B | Jun 18, 2024 |  |
| Trucksters | Trucksters is a Madrid-based freight startup that focuses on offering long-haul transport services using an innovative system of relays. It operates across EU, working for more than 500 shippers. | $35.5M | Series B | Jun 12, 2023 |  |
| Foretellix | Foretellix is enabling the Digital Transformation of safety-critical automotive verification. Foretellix’s solutions uniquely scale to meet the challenge of verifying the safety of today’s increasingly complex automated driving systems, thus reducing risks, cost, and time to market. Foretellix was founded by a team of pioneers in measurableverification and validation combined with a highly automated and proven Coverage Driven Verification methodology broadly adopted in the semiconductor industry. They have adapted and tailored their approach for the safety verification and validation of ADAS and autonomous vehicles. | $85M | Series C | May 02, 2023 |  |
| Waabi | Waabi operates as a self-driving technology start-up. Waabi is bringing the promise of self-driving closer to commercialization than ever before. |  | Venture - Series Unknown | Jan 18, 2023 |  |
| Optibus | Optibus leverages the power of machine learning and optimization algorithms to redefine the way mass-transportation is planned and operated. Optibus’ disruptive technology drive some of the most complex transportation operations worldwide, helping to improve the quality of service, increase efficiencies, save money, and streamline operations. |  | Venture - Series Unknown | Jul 05, 2022 |  |
| Optibus | Optibus leverages the power of machine learning and optimization algorithms to redefine the way mass-transportation is planned and operated. Optibus’ disruptive technology drive some of the most complex transportation operations worldwide, helping to improve the quality of service, increase efficiencies, save money, and streamline operations. |  | Venture - Series Unknown | Jul 05, 2022 |  |
| Apex.AI | Apex.AI specializes in developing operating systems for autonomous vehicles. Its software products are based on open-source software such as ROS or Eclipse iceoryx. | $56.5M | Series B | Dec 14, 2021 |  |
| Aurora | Aurora, founded in 2017 by the leading experts in self-driving, is delivering the benefits of self-driving technology safely, quickly, and broadly. To move both people and goods, the company is building the Aurora Driver, a platform that brings together software, hardware and data services to autonomously operate passenger vehicles, lightcommercial vehicles, and heavy-duty trucks. Aurora is backed by Amazon and Sequoia, among others, and partners with industry-leaders including Toyota, Uber, Volvo, and Paccar. Aurora tests its vehicles in the Bay Area, Pittsburgh, and Dallas. The company has offices in those areas as well as in Bozeman, MT; Seattle, WA; Louisville, CO; and Wixom, MI. To learn more, visit www.aurora.tech. | $1.8B | Post-IPO Equity | Nov 04, 2021 |  |

10 of 36 investments shown.

## Co-investors
- [Jump Capital](https://shizune.co/investors/profile/jump-capital) — VC Fund, 4 deals together
- [Canaan Partners](https://shizune.co/investors/profile/canaan-partners) — VC Fund, 3 deals together
- [Khosla Ventures](https://shizune.co/investors/profile/khosla-ventures) — VC Fund, 3 deals together
- [Midroc New Technology](https://shizune.co/investors/profile/midroc-new-technology) — VC Fund, 3 deals together
- [Nationwide Ventures](https://shizune.co/investors/profile/nationwide-ventures) — VC Fund, 3 deals together
- [Porsche Automobil Holding](https://shizune.co/investors/profile/porsche-automobil-holding) — VC Fund, 3 deals together

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## FAQ

### What does Volvo Group Venture Capital invest in?

Volvo Group Venture Capital invests primarily in Transportation, Software and Logistics startups, most often at Funding Round and Series B stage. Most of the 36 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 Group Venture Capital's check size?

Volvo Group Venture Capital typically joins rounds of $565k–$16M at Series A and $17M–$200M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Volvo Group Venture Capital participates in.

### How do I contact Volvo Group Venture Capital?

Public channels for Volvo Group Venture Capital include LinkedIn, X (Twitter) 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 Group Venture Capital?

The team at Volvo Group Venture Capital includes Dan Tram (Investment Director) and Charlotta Modig (CFO). 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.

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