Volvo Technology Transfer AB (VTT)
Is a Corporate Venture Capital company with a history that reaches back to 1983 when Volvo was a member of the European Round Table and Euroventures.
AB Volvo started Volvo Venture Management in 1996 which became Volvo Technology Transfer in 1997.
Volvo Technology Transfer AB shall create value by developing and supporting new businesses with relevance for the Volvo Group.
VTT has three main tasks:
- To bring the Volvo group closer to new technologies or new services by investing in companies and projects of technical and commercial interests.
- To support the development of businesses based on Volvo technology with a business potential outside the Volvo Group.
- To support the development of entrepreneurship and innovation within the Volvo Group.