Volvo Cars Tech Fund

NEURA Robotics specializes in the development of robotic assistants designed to enhance cognitive abilities in robots. These robotic systems are engineered to work alongside humans in a natural manner, autonomously adapting to environmental changes while executing tasks. NEURA Robotics serves a diverse range of industries, including medical technology, home automation, and food production, helping companies streamline and accelerate their production processes. By enabling seamless human-robot collaboration, the company aims to improve efficiency and productivity across various sectors.

Altris specializes in the development of sustainable sodium-ion battery cathode materials, primarily through its innovative product, Fennac®. This cathode material is composed of abundant and non-toxic components, including iron, sodium, carbon, and nitrogen, which are environmentally friendly and widely available. By focusing on these materials, Altris aims to create batteries that reduce reliance on scarce and geopolitically sensitive resources such as lithium, cobalt, and nickel. The company's technology not only enhances energy storage efficiency but also promotes a greener future by ensuring safer and more affordable battery solutions. Altris's commitment to sustainability extends throughout the entire lifecycle of its products, from production processes to end-of-life recycling.

RemotiveLabs is a developer of a cloud-based automotive software platform that aims to enhance the vehicle manufacturing process. The platform facilitates quick and agile software development, offering modern and user-friendly tools that enable vehicle manufacturers to take control of their software development and testing. By streamlining collaboration and improving efficiency, RemotiveLabs provides automotive companies with the resources needed to optimize their production workflows.

Bcomp Ltd. is a manufacturer based in Fribourg, Switzerland, specializing in natural fiber composites. Founded in 2003, the company produces innovative products such as ampliTex, a natural flax fiber available in various forms, bCores, a lightweight wood core, and powerRibs, a reinforcement material made from natural fibers. Bcomp's technologies, developed from years of research and patented innovations, allow for the creation of structural components that can effectively replace traditional materials like aluminum and carbon fiber. The company serves diverse industries, including sports, automotive, acoustics, aerospace, electronics, design, and leisure, focusing on enhancing efficiency in weight, rigidity, shock absorption, and damping. Bcomp collaborates closely with its customers to tailor solutions that meet specific needs while continuing to strengthen its research and development efforts through academic partnerships.

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.

CorrActions is a technology company that specializes in a software-based platform designed to enhance human-machine interaction. This platform focuses on detecting, decoding, and transforming human brain signals to minimize errors in real-time. By leveraging artificial intelligence, CorrActions enables machines to better understand human behavior and improve learning efficiency. The applications of this technology span various industries, including aviation, automotive, medical, and technology, aiming to revolutionize the efficiency of both humans and machines through advanced brain-computer interface solutions.

LEADRIVE is a technology company specializing in the research, development, production, and sales of drive solutions for new energy vehicles, as well as high-performance power semiconductor modules. The company designs and manufactures advanced motor controllers and proprietary power modules that have been adopted by over ten leading automotive manufacturers and Tier-1 suppliers for mass production. LEADRIVE is also engaged in enhancing the localization of power semiconductor modules, with ongoing certification processes for silicon carbide modules and electronic controls. Additionally, the company invests in innovative energy solutions, including wind, solar, and energy storage systems. In collaboration with Rohm Semiconductor from Japan, LEADRIVE has established a joint laboratory to develop various silicon carbide modules, focusing on improving efficiency through comprehensive simulation, testing, and development processes that span from device-level to vehicle-level applications.

Dcbel specializes in smart home energy systems that enable users to manage their energy supply through a single, integrated device. The company employs artificial intelligence and micro-weather forecasting to optimize energy consumption and enhance preparedness for outages by storing energy during off-peak periods. Its technology includes a solar inverter and an energy management system suitable for various climates and homes, facilitating a sustainable approach to energy use. Additionally, Dcbel is developing bidirectional DC fast charging capabilities for residential settings, allowing users to charge their electric vehicles more efficiently while contributing to reduced energy costs and a smaller environmental footprint.

RIIICO is an information technology company that focuses on software development and artificial intelligence. It operates a 3D modeling platform designed to facilitate the design, planning, and simulation of 3D models. By leveraging artificial intelligence, RIIICO's platform creates smart and accurate models that can be made interactive, allowing users to effectively present their projects. This innovative approach enhances the visualization and simulation of designs, making it a valuable tool for various applications in different industries.

CorrActions is a technology company that specializes in a software-based platform designed to enhance human-machine interaction. This platform focuses on detecting, decoding, and transforming human brain signals to minimize errors in real-time. By leveraging artificial intelligence, CorrActions enables machines to better understand human behavior and improve learning efficiency. The applications of this technology span various industries, including aviation, automotive, medical, and technology, aiming to revolutionize the efficiency of both humans and machines through advanced brain-computer interface solutions.

Humane Inc., established in 2016 and headquartered in San Francisco, is a technology company specializing in the development and sale of consumer hardware, software, and services. Its mission is to create innovative, user-centric products that are intuitive, natural, and humane, fostering a seamless connection between people and technology.

RemotiveLabs is a developer of a cloud-based automotive software platform that aims to enhance the vehicle manufacturing process. The platform facilitates quick and agile software development, offering modern and user-friendly tools that enable vehicle manufacturers to take control of their software development and testing. By streamlining collaboration and improving efficiency, RemotiveLabs provides automotive companies with the resources needed to optimize their production workflows.

Varjo Technologies, established in 2016 and based in Helsinki, Finland, specializes in the development of high-fidelity virtual and augmented reality headsets. Its flagship product features a unique bionic display, offering human-eye resolution in the central field of view, surrounded by lower-resolution displays. This design mimics human vision, enhancing immersion and performance in VR and AR experiences. Varjo's customer base includes prominent industry leaders such as Boeing, Lockheed Martin, and Audi, demonstrating the practical applications of its technology in various sectors. The company aims to transform how people work, interact, and play by pioneering metaverse technologies.

Circulor Ltd. is a company that specializes in developing a blockchain-based traceability platform for industrial supply chains. Founded in 2017 and headquartered in London, with an additional office in Dublin, Circulor serves a diverse clientele, including car manufacturers, electric vehicle battery producers, commodity traders, and miners. The company's innovative technology leverages blockchain and artificial intelligence to enhance the traceability and due diligence of raw materials, helping businesses manage their supply chains more effectively. By enabling the tracking of materials, emissions, and compliance from source to consumption, Circulor allows its customers to secure deliveries, manage payments, and verify the provenance of their raw materials, thereby supporting their sustainability objectives and responsible sourcing initiatives.

StoreDot Ltd. is an innovative battery developer based in Ramat-Gan, Israel, founded in 2012. The company specializes in creating extreme-fast charging (XFC) batteries for electric vehicles and other applications. Its technology utilizes proprietary nano-materials combined with organic and inorganic compounds to enhance electro-chemical properties, allowing for rapid charging capabilities. StoreDot's approach is inspired by nature and aims to replace traditional materials with advanced alternatives that offer improved physical, chemical, electrical, and optical properties. The company leverages artificial intelligence algorithms to optimize battery performance, catering to the growing demands of electric vehicles and mobile devices. With a strong team of scientists and engineering experts, StoreDot is positioned to lead advancements in battery technology and materials innovation across various industries.

Carwow Ltd. operates an online platform that simplifies the process of buying new cars by connecting consumers with dealerships. The platform allows users to compare offers on configured cars, facilitating a more transparent and efficient purchasing experience without the need for haggling. Carwow also provides valuable buying advice, including car reviews, recommendations for choosing the right vehicle, and guidance on financing and selling cars. Founded in 2009 and based in London, the company aims to enhance the car buying experience by streamlining interactions between buyers and official dealers, ultimately improving stock turnover for dealerships while helping consumers find reasonable prices. Carwow was previously known as Digital Blurb Limited before rebranding in May 2013.

Bcomp Ltd. is a manufacturer based in Fribourg, Switzerland, specializing in natural fiber composites. Founded in 2003, the company produces innovative products such as ampliTex, a natural flax fiber available in various forms, bCores, a lightweight wood core, and powerRibs, a reinforcement material made from natural fibers. Bcomp's technologies, developed from years of research and patented innovations, allow for the creation of structural components that can effectively replace traditional materials like aluminum and carbon fiber. The company serves diverse industries, including sports, automotive, acoustics, aerospace, electronics, design, and leisure, focusing on enhancing efficiency in weight, rigidity, shock absorption, and damping. Bcomp collaborates closely with its customers to tailor solutions that meet specific needs while continuing to strengthen its research and development efforts through academic partnerships.

Spectralics Ltd is an industrial deep-tech company based in Tel Aviv, Israel, focused on developing advanced optical technologies. Founded in 2018, the company specializes in thin film optics and optical chip technology, utilizing metamaterials and nanotechnology to create innovative imaging systems. These systems serve as a technological infrastructure for various applications, including advanced displays, interfaces, cameras, sensors, and medical devices. By addressing physical limitations in optical design, Spectralics aims to enhance performance parameters such as aperture size, resolution, and environmental resilience, enabling industries to overcome traditional trade-offs in optical systems.

Niron Magnetics, Inc. is a manufacturer of advanced permanent iron nitride magnets, established in 2013 and based in Minneapolis, Minnesota. The company specializes in creating innovative magnetic materials that are designed to enhance performance and efficiency across various industrial applications, including motors and generators. Niron's iron nitride magnets offer significant advantages over traditional ferrite and NdFeB-based magnets, such as greater magnetization and higher magnetic flux density. This enables automotive and computer manufacturers to achieve reductions in size and weight for their motors without sacrificing power or torque. Additionally, Niron Magnetics collaborates with government entities and investors to support national security initiatives through its cutting-edge technology.

Circulor Ltd. is a company that specializes in developing a blockchain-based traceability platform for industrial supply chains. Founded in 2017 and headquartered in London, with an additional office in Dublin, Circulor serves a diverse clientele, including car manufacturers, electric vehicle battery producers, commodity traders, and miners. The company's innovative technology leverages blockchain and artificial intelligence to enhance the traceability and due diligence of raw materials, helping businesses manage their supply chains more effectively. By enabling the tracking of materials, emissions, and compliance from source to consumption, Circulor allows its customers to secure deliveries, manage payments, and verify the provenance of their raw materials, thereby supporting their sustainability objectives and responsible sourcing initiatives.

Exmet AB, established in 2009 and headquartered in Kista, Sweden, specializes in additive manufacturing technology for producing components made from amorphous and nanocrystalline metal alloys. This innovative technology enables the creation of metal parts of various sizes and shapes, significantly reducing weight by up to 90% while enhancing strength and corrosion resistance. Exmet's solutions are particularly beneficial for industries such as aerospace, automotive, energy, defense, and medical devices, as they facilitate lower energy losses in magnetic components. The company's advancements in 3D printing push the boundaries of traditional manufacturing methods like casting and thermoplastic forming, offering improved efficiency and performance in metal component production.

Actasys, Inc. is a technology company focused on enhancing the performance of automotive sensors essential for advanced driver assistance systems (ADAS) and autonomous vehicles. Founded in 2013 and based in Brooklyn, New York, with additional team members in Tel Aviv, Israel, Actasys utilizes its proprietary ActaJet technology to maintain the cleanliness and optimal operation of vision sensors, which include cameras, Lidar, and infrared systems. By addressing issues such as weather and overheating that can compromise sensor data, Actasys empowers clients in various sectors, including automotive, transportation, robotics, and smart cities, to ensure safety and functionality. The company has gained significant traction in the market and is supported by notable investors, including Volvo Cars Tech Fund and Next Gear Ventures, as well as participation in leading mobility accelerators.

Luminar Technologies, Inc. is a vehicle sensor and software company based in Orlando, Florida, founded in 2012. The company operates primarily in two segments: Autonomy Solutions and Other Component Sales. The Autonomy Solutions segment focuses on the design, manufacture, and sale of lidar sensors and related perception and autonomy software for original equipment manufacturers in the automotive and commercial vehicle sectors, including applications in robo-taxis. In addition, Luminar's Other Component Sales segment provides design, testing, and consulting services for non-standard integrated circuits aimed at government agencies and defense contractors. The company emphasizes enhancing safety and advancing autonomous technology in vehicles, particularly through advanced driver assistance systems that cater to a range of driving scenarios.

Alchemist Accelerator, established in 2013 and based in San Francisco, is an accelerator focused on seed-stage startups that generate revenue from enterprises. It invests in the Internet-of-Things sector, offering a six-month program that provides up to $40,000 in seed funding, mentorship, and a structured path to traction and fundraising. Alchemist prioritizes distinctive technical co-founders and has backed around 75 enterprise-monetizing ventures annually since 2016, making it one of the top accelerators globally. Notable alumni include LaunchDarkly, Rigetti Quantum Computing, and Matternet.

Varjo Technologies, established in 2016 and based in Helsinki, Finland, specializes in the development of high-fidelity virtual and augmented reality headsets. Its flagship product features a unique bionic display, offering human-eye resolution in the central field of view, surrounded by lower-resolution displays. This design mimics human vision, enhancing immersion and performance in VR and AR experiences. Varjo's customer base includes prominent industry leaders such as Boeing, Lockheed Martin, and Audi, demonstrating the practical applications of its technology in various sectors. The company aims to transform how people work, interact, and play by pioneering metaverse technologies.

MDGo Ltd is an Israeli company that operates an online platform designed to analyze car accidents by utilizing existing vehicle sensors. Founded in 2017 and based in Haifa, the platform generates comprehensive medical reports detailing the type and severity of passenger injuries, along with a thorough analysis of the accident mechanism and vehicle damages. This information is rapidly transmitted to first responders and relevant hospitals, potentially improving emergency medical response and saving lives. Additionally, MDGo's technology offers automotive manufacturers a unique safety feature and creates a new revenue stream by automating the claims process for insurance companies. This dual function not only enhances road safety but also streamlines operations within the insurance industry.

Circulor Ltd. is a company that specializes in developing a blockchain-based traceability platform for industrial supply chains. Founded in 2017 and headquartered in London, with an additional office in Dublin, Circulor serves a diverse clientele, including car manufacturers, electric vehicle battery producers, commodity traders, and miners. The company's innovative technology leverages blockchain and artificial intelligence to enhance the traceability and due diligence of raw materials, helping businesses manage their supply chains more effectively. By enabling the tracking of materials, emissions, and compliance from source to consumption, Circulor allows its customers to secure deliveries, manage payments, and verify the provenance of their raw materials, thereby supporting their sustainability objectives and responsible sourcing initiatives.

UVeye Ltd. is a computer vision company that specializes in designing and manufacturing advanced vehicle inspection systems. Established in 2016 and based in Stamford, Connecticut, UVeye's technology employs high-resolution cameras and machine learning algorithms to scan vehicles quickly, identifying anomalies such as oil leaks, rust, and potential security threats like concealed weapons. The company's offerings include a stationary under vehicle inspection system and a lightweight mobile unit, both capable of generating 3D images of a vehicle's undercarriage. These systems are utilized in over 200 locations worldwide, including government facilities, dealerships, and vehicle fleets. UVeye's products also feature license plate recognition capabilities, storing vehicle information for future reference. The company has received support from notable investors, including major automotive manufacturers, emphasizing its importance in enhancing maintenance and security across various sectors.

MDGo Ltd is an Israeli company that operates an online platform designed to analyze car accidents by utilizing existing vehicle sensors. Founded in 2017 and based in Haifa, the platform generates comprehensive medical reports detailing the type and severity of passenger injuries, along with a thorough analysis of the accident mechanism and vehicle damages. This information is rapidly transmitted to first responders and relevant hospitals, potentially improving emergency medical response and saving lives. Additionally, MDGo's technology offers automotive manufacturers a unique safety feature and creates a new revenue stream by automating the claims process for insurance companies. This dual function not only enhances road safety but also streamlines operations within the insurance industry.

Luminar Technologies, Inc. is a vehicle sensor and software company based in Orlando, Florida, founded in 2012. The company operates primarily in two segments: Autonomy Solutions and Other Component Sales. The Autonomy Solutions segment focuses on the design, manufacture, and sale of lidar sensors and related perception and autonomy software for original equipment manufacturers in the automotive and commercial vehicle sectors, including applications in robo-taxis. In addition, Luminar's Other Component Sales segment provides design, testing, and consulting services for non-standard integrated circuits aimed at government agencies and defense contractors. The company emphasizes enhancing safety and advancing autonomous technology in vehicles, particularly through advanced driver assistance systems that cater to a range of driving scenarios.

Varjo Technologies, established in 2016 and based in Helsinki, Finland, specializes in the development of high-fidelity virtual and augmented reality headsets. Its flagship product features a unique bionic display, offering human-eye resolution in the central field of view, surrounded by lower-resolution displays. This design mimics human vision, enhancing immersion and performance in VR and AR experiences. Varjo's customer base includes prominent industry leaders such as Boeing, Lockheed Martin, and Audi, demonstrating the practical applications of its technology in various sectors. The company aims to transform how people work, interact, and play by pioneering metaverse technologies.

Zum Services, Inc., established in 2014, specializes in safe and reliable transportation services for children and youth in the San Francisco Bay Area, Los Angeles, Orange County, and San Diego. The company offers scheduled or on-demand rides, as well as care services like nannies, for school drops and pickups, sports activities, and other needs. Zum's services include single family or carpool rides, one-off rides, babysitting, and stay and watch services, all facilitated through a network of vetted drivers and advanced scheduling technology.

Forciot is a Finnish technology company established in December 2015, focusing on the integration of advanced Internet of Things (IoT) sensor technology into everyday products. The company emerged from a collaboration among leading wearable researchers and consumer electronics experts, driven by a vision to transform wearable technology by embedding measurement capabilities into items like shoes and gloves. This shift aims to eliminate the need for separate performance measurement devices. Forciot develops stretchable electronics and sophisticated algorithms that accurately measure force, weight, balance, and pressure, allowing manufacturers to access valuable data regarding strength and range of motion. By positioning itself as an engineering partner, Forciot supports businesses in creating innovative IoT products that enhance user experience and performance tracking in various applications, particularly in sports and fitness.

FreeWire Technologies, Inc. is a manufacturer of mobile electric vehicle (EV) chargers, focused on providing innovative charging solutions that enhance the accessibility of EV charging infrastructure. Established in 2014 and based in San Leandro, California, the company produces several models, including the Mobi Charger v0, v1, and v2, which cater to varying charging needs and capabilities. FreeWire’s flagship product, the Boost Charger, integrates battery technology with power conversion systems, allowing for high-power charging without the need for extensive grid upgrades. This technology enables ultrafast charging at locations that typically lack sufficient electrical infrastructure. FreeWire has successfully deployed its battery-integrated chargers across the United States, serving Fortune 100 companies, commercial clients, fleets, and retail spaces, and has partnered with major organizations to expand its reach. Additionally, the company's systems provide clean and quiet power solutions, effectively replacing or supplementing diesel generators for various remote power applications, thereby supporting the transition away from fossil fuels.

Luminar Technologies, Inc. is a vehicle sensor and software company based in Orlando, Florida, founded in 2012. The company operates primarily in two segments: Autonomy Solutions and Other Component Sales. The Autonomy Solutions segment focuses on the design, manufacture, and sale of lidar sensors and related perception and autonomy software for original equipment manufacturers in the automotive and commercial vehicle sectors, including applications in robo-taxis. In addition, Luminar's Other Component Sales segment provides design, testing, and consulting services for non-standard integrated circuits aimed at government agencies and defense contractors. The company emphasizes enhancing safety and advancing autonomous technology in vehicles, particularly through advanced driver assistance systems that cater to a range of driving scenarios.

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.