Volvo Cars Tech Fund

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.