Ep. 26 - Inside the CampX model
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In this podcast, she delves deeper into the CampX model alongside our Chairman, Alberto Onetti.
And here are the main highlights:
- Selected startups in very focused areas enter into a POV (Proof of Value). If it is successful, solutions are integrated in technology platforms or services and scaled internally. Since the launch, 80 projects have been validated and about 10-15% of them are currently in the integration phase. The internal target is to run about 50 ongoing projects across the 4 locations (Gothenburg, Lyon, Greensboro, and Bangalore) where Volvo Group has its R&D sites (CampX is under the CTO office).
- In 2022 a Venture Builder was added, and in 2023 an Incubator. Both are deployed only at the Gothenburg R&D facility, but if they prove successful, the CampX team is hoping to roll it out to other sites.
- The Venture Builder, led by Karin Falck, is the landing point for internal ideas and IP that are vetted through subsequent iterations. Thus far 4 projects have been developed, 2 deployed internally and 2 span- out.
- The Incubator programme - led by Robert Jan van Vugt - gives some 30 startups access to the company’s testing labs, workshops and prototyping space for two years. It’s focused on seed/early stage startups that would otherwise be years away from being mature enough for a joint project with Volvo Group.
Volvo Group is among the Top100 world's "Corporate Startup Stars" awarded in Paris last December.
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