The startup innovation hub​
CampX by Volvo Group​

CampX by Volvo Group is present in four hubs in different locations around the world: Gothenburg in Sweden, Bangalore in India, Lyon in France, and Greensboro in the USA. These hubs have been strategically chosen to take advantage of the local strengths and resources available in each location. By having hubs in these different regions, we aim to leverage the proximity to the R&D teams and other local resources to foster collaboration, innovation, and development. ​

The CampX innovation model    

With an open-source mindset and in the spirit of fostering collaborative partnerships we want to share our innovation model. We have the hope that innovation communities across the world will use it and improve it, and collectively we will all flourish.​

One-minute video about the Innovation Model

 Read the full CampX Innovation Model here​

Deep dive into the Innovation model 
 

In this series of articles you get a deep dive into the different parts of CampX Innovation Model.
 

Why the CampX Innovation Model
 

The CampX Engagement Programs


The CampX Venture Client Program


The CampX Incubator Program

Sponsor-driven innovation: a people-centric approach

Find all CampX related articles here.

 

We are looking for startups that are driving innovation that will
support us in our mission to become:

100% fossil-free

  • Energy optimization and predictive maintenance
  • Thermal management and optimization of battery life
  • Route planning and transport mission management
  • Second life for batteries and charging solutions
  • Virtual prototyping and digital twins to accelerate product development
  • Vehicle to grid solutions
  • Fuel cell powertrains and H2 storage
  • Sustainable materials
  • Technologies and new business models enabling circular economy

100% safe

  • Sensors, software solutions and human-machine interface enabling driver assistance and experience
  • Compute infrastructure, software and cybersecurity tools enabling software defined vehicles
  • Simulation tools and techniques enabling data driven development
  • All weather and visibility perception
  • Teleoperation and mission management solutions
  • Solutions to improve construction site safety

100% more productive

  • Solutions to improve fleet operations in logistic systems, construction sites, and quarries/mines 
  • Solutions to track, monitor and manage the transition to sustainable transport 
  • Solutions to improve vehicle uptime
  • Fintech solutions that enable connected insurance, payments, and “as a service” offers
  • AI applied to embedded software engineering, product development, industrial operations and supply chain, and enterprise IT

The CampX Engagement Programs

Venture Client

Are your startup developing a product or prototype which we can test or build upon together in a Proof of Value project? Be part of our startup Venture Client and gain access to experts from the industry.

Learn more
 

Venture Builder

To strengthen and expand the Volvo Group business, in house product and business owners get support to validate and bring forward cases through the lean CampX framework and Venture Builder process

Learn more

 

Success stories

Venture Client

Novum Tech – electric retrofit​

The aim of the project was to assess the environmental, technical and economic feasibility of electric retrofitting for heavy goods vehicles. The project was enabled through collaboration with Novumtech, a startup with expertise in battery design and production, and with financial support from the ADEME, the French Agency for Ecological Transition​

The next milestone for this project is certification of the converted truck in order to validate compliance with current regulations. Once this approval has been obtained, Renault Trucks will begin a phase of tests under real operating conditions in partnership with Clovis Grand Paris in France.​

Read more here.

Venture Builder

Fyrqom AB - Automated calibration system for tires

With a tire pressure monitoring system, the driver is informed if one of the tires loses the pressure but today rather few heavy-duty vehicles are equipped with such a system. Roman Iustin, a Volvo Group engineer, had an idea on how to make this process more efficient with an automated calibration system. Through campX, the Volvo Group’s global innovation arena for technology and business transformation, Roman Iustin got support to validate the solution and business potential. The validation showed a high customer value and with the solution being slightly outside current Volvo Group’s business, the decision was to make a “spin out” and build a new venture. This was done with speed using the CampX concept with support from many areas within the Volvo Group, like Legal, IP strategy, Finance, Tax, HR and Purchasing.

Read more:
Press release 
Fyrqom webpage

The CampX concept under a minute​

News

Frequently Asked Questions

A startup venture client is a collaborative program running co-creation projects with startups to help them grow and develop their ideas and solutions. The primary purpose is to help the companies be able to work independently. This is achieved by providing mentorship, facilities, expertise, connections, and sometimes capital that the startups might not have been able to access otherwise.

A startup venture client empowers promising startups by providing mentorship, facilities, expertise, connections, and sometimes capital that they might not have been able to access otherwise. It increases the odds for a startup to take off and realize their goals.

Our corporate incubator is a way to work side by side with startups in relevant industries. Being close to each other will help to develop ideas, solutions, products, or services and to grow as a company. Both for startups as for Volvo Group.

Through the incubator, the startups are provided mentorship, connections, facilities, and quick customer validation.

Our incubator is there for the long(er) run. In the incubator, we focus on early-stage startups and help them quickly validate their solution directions. We work side by side and we ask you to relocate your office to our campus. Our venture client “accelerates” the growth of an already established startup with a product or service. Having a product or service ready for use is therefore a necessity for our venture client. A steady team and some secured funding to support product development is almost always required as well.

Our portfolio