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March 24, 2021

Volvo Group invests in supply chain visibility

Volvo Group Venture Capital has invested in FourKites, a global real-time transportation visibility platform.

By Olly Wehring

Volvo Group Venture Capital has invested in FourKites, a global real-time transportation visibility platform.

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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
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by GlobalData
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FourKites pioneered real-time supply chain visibility in 2014 and has since built the claimed world's largest platform that helps leading brands to reduce their operating costs, improve on-time performance and create better customer relationships. The company tracks over 1m shipments daily across 176 countries, with over 120% year-over-year growth.

"We see FourKites as a valuable partner in our discussions on developing new services because of their strong real-time visibility capabilities," said Dan Tram, investment director at Volvo Group Venture Capital. "We think that supply chain visibility will become an industry standard and believe that customers will expect it in new supply chain products. FourKites is well-positioned to provide these capabilities with their 450,000 connected carriers across different modes."

"This will help to accelerate our growth and enable us to bring new innovative solutions to market," said Mathew Elenjickal, founder and CEO of FourKites.

The role of Volvo Group Venture Capital is to make investments that drive transformation by facilitating the creation of new services and solutions and to support collaborations between start-ups and the Volvo Group.

Key areas of investment are currently logistics services, site solutions and electrical infrastructure. The organisation has a global scope but focuses on Europe and North America.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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