Investors / Volvo Group Venture Capital
Volvo Group Venture Capital
Volvo Group Venture Capital is a corporate investor based in Sweden. Volvo Group Venture Capital has backed 1 Canadian AI company in the Index, joining 3 tracked rounds and leading 1. The most recent was Waabi's US$750M Series C in January 2026. Volvo Group Venture Capital most often invests alongside Khosla Ventures, NVentures (Nvidia) and Porsche Automobil Holding SE.
Corporate based in Sweden. 1 Canadian AI company in the Index, 3 tracked rounds, 1 as lead.
- Type
- Corporate
- HQ country
- Sweden
- Companies
- 1
- Tracked rounds
- 3
- Led
- 1
- First tracked deal
- Waabi, Jan 2023
- Latest tracked deal
- Waabi, Jan 2026
Portfolio
| Company | Rounds joined (date, round size) | Company's total raised | Role |
|---|---|---|---|
| Waabi | Venture round · Jan 2023 (lead)Series B · Jun 2024 · US$200M roundSeries C · Jan 2026 · US$750M round | US$1B | Led a venture round |
A round's size is the whole round as announced, not this investor's cheque.
Frequent co-investors
Khosla Ventures (2 shared rounds), NVentures (Nvidia) (2 shared rounds), Porsche Automobil Holding SE (2 shared rounds), Radical Ventures (2 shared rounds), Uber (2 shared rounds), BDC Thrive Venture Fund (1 shared round), BlackRock (1 shared round), Export Development Canada (1 shared round)
Data as of November 10, 2026.