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Volvo Cars Tech Fund

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 36
Average round size
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The average size of a deal this fund participated in
$29M
Portfolio companies 21
Rounds per year 0.37
Lead investments 9
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.42
Exits 1
Key employees Soon

Areas of investment

  • Automotive
  • Software
  • Artificial Intelligence
  • Hardware
  • CleanTech
Summary

The main department of described VC is located in the Mountain View. The venture was found in North America in United States. Volvo Cars Tech Fund appeared to be a CVC structure as part of the corporation.

The standard case for the fund is to invest in rounds with 3-4 partakers. Despite the Volvo Cars Tech Fund, startups are often financed by Sequoia Capital, AngelPad, Ulu Ventures. The meaningful sponsors for the fund in investment in the same round are W. R. Berkley, Toyota Tsusho, The Westly Group. In the next rounds fund is usually obtained by Volvo Cars Group, The Westly Group, TRIREC.

For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Among the most popular fund investment industries, there are Security, Medical Device. Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. Among the various public portfolio startups of the fund, we may underline Luminar, Zum, MDGo The fund has no exact preference in some founders of portfolio startups. In case when startup counts 1 or 3 of the founder, the chance for it to get the investment is meager.

Considering the real fund results, this VC is 9 percentage points more often commits exit comparing to other organizations. The important activity for fund was in 2019. The fund is generally included in 2-6 deals every year. Deals in the range of 50 - 100 millions dollars are the general things for fund.

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Related Funds

Funds investing in previous rounds
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Typical Co-investors
Volvo Cars Tech Fund is more likely to invest in rounds together with the following funds:
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Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Volvo Cars Tech Fund:
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

CorrActions

Human Computer Interaction
Information Technology
Software
$7M12 Dec 2023 Jerusalem, Jerusalem District, Israel

dcbel

Artificial Intelligence
Clean Energy
CleanTech
Electric Vehicle
Smart Home
Solar
$50M17 Aug 2023 Montreal, Quebec, Canada

LEADRIVE

Automotive
Electric Vehicle
Service Industry
15 Aug 2023 Shanghai, China

CorrActions

Human Computer Interaction
Information Technology
Software
24 Apr 2023 Jerusalem, Jerusalem District, Israel

Humane

Consumer Electronics
Electronics
Hardware
Software
$100M08 Mar 2023 San Francisco, California, United States

RemotiveLabs

Automotive
Software
Software Engineering
$1M08 Nov 2022 Malmö, Skane Lan, Sweden

Circulor

Artificial Intelligence
Big Data
Blockchain
Logistics
Machine Learning
Risk Management
Supply Chain Management
$28M28 Jun 2022 London, England, United Kingdom

Bcomp

Automotive
Manufacturing
Sports
$35M05 Apr 2022 Fribourg, Switzerland

Circulor

Artificial Intelligence
Big Data
Blockchain
Logistics
Machine Learning
Risk Management
Supply Chain Management
$19M10 Jun 2021 London, England, United Kingdom
News
Niron Magnetics Raises $21.3M to Commercialize Rare-Earth Free Magnets for a More Sustainable Electric Economy

– Niron has raised $21.3M in new financing.
Volvo Cars Tech Fund and Volta Energy Technologies join existing investors Anzu Partners and the University of Minnesota.
– Niron will use the funding to build its pilot production facility in Minnesota and accelerate the development of its Clean Earth Magnet™ technology.
– Surging global demand for electric vehicles (EVs) and other motorized devices has highlighted global dependency on the unsustainably-produced rare earth materials currently required for the magnets needed in electric drivetrains and motors.
– Niron’s Clean Earth Magnet™ technology, developed from a decade of research, leverages materials science innovations to eliminate the need for rare earth content in magnets. Instead, Niron utilizes some of the most common elements on earth – iron and nitrogen – to deliver better performance and lower costs.

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Total investments 36
Average round size 29M
Rounds per year 0.37
Peak activity year 2020
Lead investments 9
Follow on index 0.42
Exits 1
Group Appearance index 0.61

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

CorrActions

Human Computer Interaction
Information Technology
Software
$7M12 Dec 2023 Jerusalem, Jerusalem District, Israel

dcbel

Artificial Intelligence
Clean Energy
CleanTech
Electric Vehicle
Smart Home
Solar
$50M17 Aug 2023 Montreal, Quebec, Canada

LEADRIVE

Automotive
Electric Vehicle
Service Industry
15 Aug 2023 Shanghai, China

CorrActions

Human Computer Interaction
Information Technology
Software
24 Apr 2023 Jerusalem, Jerusalem District, Israel

Humane

Consumer Electronics
Electronics
Hardware
Software
$100M08 Mar 2023 San Francisco, California, United States

RemotiveLabs

Automotive
Software
Software Engineering
$1M08 Nov 2022 Malmö, Skane Lan, Sweden

Circulor

Artificial Intelligence
Big Data
Blockchain
Logistics
Machine Learning
Risk Management
Supply Chain Management
$28M28 Jun 2022 London, England, United Kingdom

Bcomp

Automotive
Manufacturing
Sports
$35M05 Apr 2022 Fribourg, Switzerland

Circulor

Artificial Intelligence
Big Data
Blockchain
Logistics
Machine Learning
Risk Management
Supply Chain Management
$19M10 Jun 2021 London, England, United Kingdom
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