Veoneer

COMPANY OVERVIEW

Veoneer is a global manufacturer of automotive electronic safety systems for passenger vehicles that employs proprietary, safety-critical sensor systems to tension seatbelts and deploy airbags in the event of a crash. Veoneer’s technical, patent-protected product portfolio is powertrain agnostic and supported by a universe of algorithms that process pressure, speed, and impact in milliseconds. Veoneer’s employee footprint spans 11 countries and operates three manufacturing facilities in Canada, China, and France.

WEBSITE

www.veoneer.com

SECTOR

Industrial Technology

REVENUES

$916 million

FUND

AIPCF VII

HEADQUARTERS

Southfield, MI

FOOTPRINT

3 Manufacturing Facilities (Canada, China, France) and 10 Technology Centers globally

EMPLOYEES

~2,800

INVESTMENT YEAR

2024