The CampX innovation model
With an open-source mindset and in the spirit offostering collaborative partnershipswe want toshare our innovation model. We have the hope that innovation communities across the world willuse 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 Accelerator Program
The CampX Incubator Program
Find all CampX related articles here.
We're looking for startups that
are driving innovation in...
Electromobility
The automotive industry is evolving due to electromobility. Consider enclosed bus stops in a hospital or a mall, or silent delivery trucks making deliveries at night. At Volvo Group, we are using the expertise gained from developing automobiles and automotive systems to develop new technology that will not only reduce noise and pollution on our roads and in our cities, but also completely alter the construction industry.
Automation
We think that automation will change how the majority of us use commercial transportation options today. In terms of productivity, safety, energy, and fuel efficiency, automation will have a positive impact on both our customers and society as a whole.
Volvo Group will gradually roll out automated applications since the appropriate amount of automation is decided by its added value for customers and society.
Sustainability
People have always moved and built things, so while that will not change – everything else must. The Volvo Group is driving prosperity through transport and infrastructure solutions. This includes the speed at which we combat climate change, the way we use the planet’s limited resources and how we collaborate. Together with our customers, supply chain partners, governments, societies, and other stakeholders, we are moving quickly to develop and offer cleaner, safer and more circular transport solutions.
Connectivity
The most comprehensive customer offering of connection solutions for trucks, buses, and construction equipment is provided by Volvo Group. We have the most linked commercial cars and machines in the business, with over 1,000,000 connected customer assets. Our objectives of boosting productivity, reducing environmental impact, and improving road safety all depend on connectivity.
Fintech
Fintech has brought profound transformation to the transport industry, changing the models how customers utilize our products as well as the experience how customers interact with our products and services. At Volvo Group, we strive to provide customers with revolutionary financial solutions by combining mega-trends in transportation with disruptive fintech innovation.
The CampX Engagement Programs
Incubator
Are you a startup in an early phase,
developing a solution in the
sustainable mobility area with
focus on hardware and complex software solutions?
Become part of our CampX Incubator.
Learn more
Accelerator
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 accelerator 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
Apply to CampX
Success stories
Accelerator
Foretellix - extended partnership
After a successful Proof of Value Project in the CampX accelerator, where the Foretelix portfolio and its potential value in confined areas was evaluated, Volvo Autonomous Solutions initiated an extended cooperation together with Foretelix. “Volvo Autonomous Solutions believes in a collaborative verification concept, one that uses open standards,” says Magnus Liljeqvist, Global Technology Manager Volvo Autonomous Solutions. “The partnership with Foretellix gives us access to the state-of-the-art verification tools and accelerating our time to market.
“We are very proud to partner with Volvo Group. This partnership is a significant milestone for the industry as it is the first time that large scale Coverage Driven Verification will be used for verification of ADS in confined areas. Our partnership will combine the expertise of the two companies and set a new standard in the verification of automated driving systems, boosting both safety and productivity,” says Ziv Binyamini, CEO and co-founder of Foretellix.
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
Read more about our Hubs
Sweden
In Gothenburg we focus onelectromobility, autonomousdriving, ADAS, Sustainability,Vehicle tech and we also havethe Incubator, Venture Builderfocus here.
Visit the hub
France
In Lyon we focus onurbansolutions in front of the ever-growing cities, sustainability toshape the world we want to livein and uptime & productivity, toserve our customers.
Visit the hub
India
In India we focus onvarious technologies includingautomation, electromobilityand connectivity forcollaboration and co-innovation.
Visit the hub
North America
Strategically the three focus areas for the CampX hub in
US are sustainable transport, autonomous transport
and digital services and products.
Visit the hub
Apply to CampX
News
CampX by Volvo Group won best Incubator/Accelerator in the Nordic Startup Awards 2023
Latest News
Christian Johansson, Head of CampX Concept and Operations was on site in Iceland to receive the price: “I am so happy and proud of this recognition and it really feels well-earned given the hard and dedicated work from our team and our ambassadors in the Volvo Group. We truly have an innovative approach and with about 50 startup projects and counting in our portfolio, we continuously strive towards sustainable mobility, finding the best startups with cutting edge technologies.”
Boosting R&D to thrive in transformation
Blog post
Research and development (R&D) in industries such as transportation, rely on continuous improvements to deliver customer value through new products and services. However, the recent convergence of digitalization, climate neutral technologies and automation, has pushed these industries into a transformation mode with high levels of uncertainty.
Volvo Group accelerates sustainable mobility with innovation hubs on three continents
Press release
CampX by Volvo Group is a global concept designed to accelerate new technology and business innovations for sustainable mobility by partnering with startup companies. Volvo Group now has four innovation hubs located across three continents – in France, Sweden, India, and the USA – as we today announce the opening of the new CampX Lyon in France.
Frequently Asked Questions
A startup accelerator 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 accelerator 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 accelerator “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 accelerator. A steady team and some secured funding to support product development is almost always required as well.
