Volvo Group Venture Capital
Each investment should have a positive return in itself while also contributing to the sustainable growth and competitiveness of the Volvo Group. Volvo Group Venture Capital mainly focuses on businesses with proven business models directly linked to the Volvo Group’s activities and also on companies ready to scale up their operations. Two companies in which Volvo Group Venture Capital has invested are I-Tech AB and
I-Tech is developing a marine biocide called Selektope® which, when used in very small quantities in marine paint, prevents barnacle growth on ship and boat hulls. Selektope® has the potential of revolutionizing the boat paint industry by providing a superior and effective product that has minimal impact on marine surroundings.
Steelwrist develops tiltrotators, quick couplers, accessories, tools and control systems for excavators and backhoe loaders. The company recently designed Front pin lock™, an innovative quick coupler technology, that maintains the attachment in a safe position even if the operator should fail in the connection procedure. The development of this new quick coupler technology responds to increasing quality and safety demands.