Volvo Group Startup Programs & Corporate Open Innovation Analysis Transportation · Automotive
In StartupBlink's Corporate Startup Activity Index, Volvo Group ranks #80 globally and #1 in Sweden. It ranks #7 in the Transportation industry and #4 in the Automotive subindustry.
Volvo Group Startup Activity Metrics
Volvo Group has supported 33 startups through programs and investments, with those companies raising a combined $5.7 billion over the last ten years. The company currently operates 4 active startup programs.
Explore Volvo Group's investments, startup programs, and corporate open innovation activity
Volvo Group has deployed more than $104 million in startup investments through Volvo Group Venture Capital and partnership programs, strengthening its position as one of the leading innovation-driven corporations globally.
The company currently runs 4 active startup programs supporting 33 startups worldwide across industries such as Ecommerce & Retail, Energy & Environment, Fintech, and Hardware & IoT. Its venture arm Volvo Group Venture Capital has invested in over 30 startups since it was founded in 1997.
The corporate-innovation activity is concentrated in Software & Data, Hardware & IoT, and Social & Leisure, categories where Volvo Group's scale provides outsized leverage to early-stage startups.
Where Volvo Group-associated startups operate
Sector, HQ-city and program-location breakdowns for the startups associated with Volvo Group. Unlock the full breakdown with StartupBlink Pro.
Volvo Group Startup Programs and Corporate Venture Capital initiatives
Volvo Group engages startups through 4 active programs, supporting 33 startups in total based on our database.
Top startups associated with Volvo Group
Volvo Group's top 5 associated startups have raised 83% of the $5.7 billion raised in the last ten years across all 33 associated startups, led by Aurora at $2 billion. Volvo Group is associated with 32 active startups and 1 exit. Volvo Group Venture Capital supports the largest number of startups, with 30 associated startups.
Disclaimer: This is based on general open web search and prone to mistakes.
| Startup | SB Score | Industry | HQ city | Link Type to Corporation | Linked via |
|---|---|---|---|---|---|
 Aurora | SB 595 | Transportation | Palo Alto | Program Investment | Volvo Group Venture Capital |
 Flock Freight | SB 568 | Software & Data | Solana Beach | Program Investment | Volvo Group Venture Capital |
 Lytx | SB 557 | Social & Leisure | San Diego | Program Investment | Volvo Group Venture Capital |
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