Volvo Cars Tech FundApril 12, 2018
Volvo Cars Tech Fund
Zaki Fasihuddin on the Volvo Cars Tech Fund
Volvo Cars Tech Fund Companies will benefit in a number of ways from participation by the VolvoCars TechFund. Apart from the association with one of the world’s leading premium car makers, start-ups may gain the ability to validate their technologies and accelerate the pace of achieving product market fit.
Moreover, start-ups may have the opportunity to benefit from Volvo Cars’ unique access to the Chinese car market, its largest, as well as potential access to Volvo Cars’ global network of automotive and technology partners.
Zaki Fasihuddin, currently Vice President of Strategic Partnerships in the Volvo Cars Silicon Valley Technology Center, has been appointed CEO of the VolvoCars TechFund.
“We seek to invest in companies that can provide us with strategic access to new technologies, capabilities and talent,” said Zaki Fasihuddin. “By supporting promising young firms at the forefront of technological development and providing them with both capital and strategic value, we aim to strengthen our leading role in the industry’s technological transformation.”