VOLVO GROUP VENTURE CAPITAL. Committed to Volvo Group s vision to become the world leader in sustainable transport solutions

Transcription

1 VOLVO GROUP VENTURE CAPITAL Committed to Volvo Group s vision to become the world leader in sustainable transport solutions

2 We drive new business growth and have a solid record of making winning investments EVERGREEN FUND We were founded in 1997 and have to date made more than 100 investments. STRONG TRACK RECORD We have since start delivered double digit IRR and created value for both Volvo Group and our partners. INVESTMENT We co-invest up to 100 MSEK with value adding investors as lead or active syndication partners. STRATEGY Drive new business growth by making profitable equity investments in companies at the forefront of service orientation and product differentiation in the transport and infrastructure industries. TALENTED TEAM Our team is known for its integrity and dedication. INVESTMENT CRITERIA & STRATEGY Strong investment case. Volvo Group strategic fit.

3 Volvo Group Organization GROUP TRUCKS GROUP TRUCKS SALES CONSTRUCTION EQUIPMENT GROUP TRUCKS OPERATIONS BUSES VOLVO PENTA GROUP TRUCKS TECHNOLOGY GOVERNMENTAL SALES VOLVO FINANCIAL SERVICES

4 Volvo Group provides global reach and access to automotive industry specialists Net sales, SEK bn North America Net Sales 27% % Europe Net Sales 38% % Asia Net Sales 18% % South America Operating income excl. restructuring charges, SEK bn Net Sales 10% % Other Net Sales 7% %

5 Over the next 15 years, the automotive industry will undergo its greatest transformation ever AI & Autonomous Vehicles Mobile Uploads Electrification/ Alternative Drivelines Industry of Things Software Eats the World

6 Our investment philosophy A customer-friendly and efficient flow of people and goods. AT THE SITE IN THE CITY ON THE ROAD

7 Our value creation model builds on active ownership and deep insight WORLD LEADING INDUSTRY INSIGHT We draw on the unique capabilities and insight of the entire Volvo Group to evaluate and develop our investments. With us as a partner, you have access to the best there is. PROVEN VALUE CREATION MODEL Repeated success in realizing value comes from great people, clear value creation strategies and excellent timing. Our value creation model builds on active ownership and structured processes to manage strategy, business development, operational management, financing as well as legal aspects. GLOBAL NETWORK Our global network encompasses not only the Volvo Group but also partners in various industries, universities, financial institutions and public authorities. PROFESSIONAL AND ACTIVE OWNERS As investors, we are known for our integrity and dedication to the success of each investment we make. You can always rely on us to take an active role in developing your business. BE OUR PARTNER Each investment we make is followed by a growth plan where we combine the plans and strengths of Volvo Group with the plans and strengths of our new investment.

8 Our investment areas Our focus covers mainly these 4 areas: SaaS & CONNECTED SERVICES MOBILE ON DEMAND SERVICES ARTIFICIAL INTELLIGENCE (AI) MEETS TRANSPORTATION AUTONOMOUS VEHICLES Asset/Fleet/Transport/Site management systems Services developed from using big data analysis Dealer Service Solutions Driver centric applications (compliance/training/safety/ planning) AI assisted dispatch & fleet operation optimization AI platforms for B2B Business models for partly autonomous vehicles Aftermarket systems for levels of automated driving E-commerce solutions for B2B

9 Corporate core values Sustainability is a profitable cornerstone in our investment strategy Quality - Safety - Environmental care

10 Portfolio highlight Cargomatic Cargomatic is transforming local shipping by connecting shippers with qualified carriers who have unutilized capacity on their trucks. Their platform was born of a passion to solve the inefficiency and fragmentation of the local trucking industry. COMPANY HIGHLIGHTS: Founded in 2012 and based in Venice Beach, CA. Provides mobile first technology platform to connect carriers with shippers in real time. VALUE PROPOSITION: Shippers get faster access to a lot of trucks at a greater rate. Carriers get more freight. All at no additional cost to either. Introduces transparency and real-time efficiency into the market while enabling local carriers to turn their capacity into meaningful business. VOLVO GROUP VENTURE CAPITAL VALUE-ADDS: Packaging and bundling opportunities. Industry knowledge and credibility.

11 Portfolio highlight Decisiv Cloud-based Service Relationship Management (SRM) software as a service (SaaS) for truck fleets to effectively manage and measure internal and external service and repair events to drive uptime and asset availability. COMPANY HIGHLIGHTS: Founded in 2001 and based in Glen Allen, VA, USA. Has a strong eco-system with more than 1,000 repair and maintenance locations on the platform. VALUE PROPOSITION: Decisiv s SRM platform takes the headaches out of your fleet maintenance management by automating the entire process from the time the asset arrives until it is ready to be picked up and put back into service - independent of where it is being serviced. The platform significantly reduces downtime of assets. VOLVO GROUP VENTURE CAPITAL VALUE-ADDS: Facilitates partnership with the Volvo Group. Accelerates internationalization and launch in new verticals.

12 Portfolio highlight Lytx Drivecam powered by Lytx is a driver centric safety service that uses the insights captured from data to advance the science of driving. It helps public and private sector clients optimize performance, achieve ROI and reduce operating costs, but most of all, it helps protect lives on roads and in communities, every day. COMPANY HIGHLIGHTS: Founded in 1998 and based in San Diego, CA, U.S.A. Their flagship product, DriveCam, sets the bar for driver safety in the industries they serve. VALUE PROPOSITION: Exemption-based video safety coaching delivered as SaaS. The solution increases safety and efficiency on roads thereby reducing fleet operating costs. VOLVO GROUP VENTURE CAPITAL VALUE-ADDS: Combines the best of vehicle safety with driver centric safety. Contributes to faster international expansion.

13 Portfolio highlight Steelwrist Steelwrist designs, develops, manufactures and sells tiltrotators, quick couplers, accessories, tools and control systems for excavators and backhoe loaders. It is the fastest growing tiltrotator manufacturer in Northern Europe. COMPANY HIGHLIGHTS: Steelwrist was founded in 2005 and has its headquarters and manufacturing plant in Sollentuna, Sweden. The company is in strategic partnership with Volvo Construction Equipment for the supply of control systems, tiltrotators and excavator quick couplers. VALUE PROPOSITION: Potential to build a global market presence with products that revolutionize excavator productivity. Its compact designs lead to better fuel efficiency and effectivity. VOLVO GROUP VENTURE CAPITAL VALUE-ADDS: Experience in building industrial companies. Facilitates partnership between Volvo CE and Steelwrist.

14 Selected exit CPAC Systems CPAC is a system design and embedded control systems provider for marine, special and commercial vehicles. They are responsible for Volvo Penta s IPS joystick solution and their other achievements include features such as intuitive docking using joystick, full steer-by-wire including throttle and shift/gear, fully integrated driver interface and digital anchoring. INVESTMENT HIGHLIGHTS: First invested in CPAC Systems in Sold to Volvo Penta/AB Volvo in 2007/2011. Exit generated 5 times return on investment.

15 Selected exit WirelessCar WirelessCar provides passenger car OEMs with customized end-to-end telematics services anywhere in the world with 15 years of experience and operational services in more than 50 countries, supported by teams based in the US, Europe, Brazil, China, Japan and India. INVESTMENT HIGHLIGHTS: First invested in WirelessCar in Sold to Volvo Group in Exit generated 2 times return on investment.

16 Volvo Group Venture Capital Our offices SAN FRANCISCO, U.S.A Volvo Group Venture Capital 156 2nd Street San Francisco, CA 94105, U.S.A. Phone: Contact: Jonas Landström GOTHENBURG, SWEDEN Volvo Group Venture Capital Building M2, Götaverksgatan Gothenburg, Sweden Phone: vc@volvo.com

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