Volvo is launching a new investment fund to launch technologies around the world that have high potential.
New technologies
Volvo says recipients will benefit from being able to test their technologies more effectively, accelerating the time it takes to bring said technologies to market.
“We are looking to invest in companies that can provide us with strategic access to new technologies, opportunities and talent,” explained Zaki Fasihuddin, CEO of Volvo Cars Tech Fund.
“We are working closely with emerging technologies, and when we see value creation potential, we can now also invest to help accelerate this venture,” added Mats Moberg, Board Member of the Technical Fund and Vice President Research and Development at Volvo Cars.
More information
Those who wish to apply are advised to do so on the official Volvo website for the fund.
Photo and source: Volvo Car Group.