Volvo invests in startups

The Swedish carmaker Volvo is now launching an investment fund for startups.

Autonomous drive technology – Complete system solution

Autonomous drive technology – Complete system solution. Source: Volvo

Almost all industry stakeholders see themselves at the startups after innovations around and so some idea is already in the models incorporated, Now Volvo goes the same way, advertising that the startups can realize their ideas and that with the partner Volvo,

The investment capacity is intended to attract startups worldwide, provided that they deal with the topics: artificial intelligence, e-mobility, networked and autonomous driving. And so you have already found a worthy startup. The startup California develops modern sensors. The name was not mentioned in the press release.

Last Volvo had the startup in the fall of 2017 Luxe which deals with the valet and concierge service. This experience was probably so positive that you want to build on it.

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