During this episode, Santosh is joined by Joe Darcy, Investment Director at Volvo Group VC, as they explore the intersection of corporate venture capital, industrial innovation, and technology. Joe shares insights into Volvo's strategic venture approach, emphasizing their 28-year history of investing in startups that can benefit both the company and its customers. The conversation also delves into the nuanced world of corporate venture capital, with a particular focus on AI's role in industrial settings, highlighting the importance of "human-in-the-loop" technologies. Joe discusses the firm's investment strategy, which balances financial returns with strategic opportunities, and provides a personal narrative of his journey from Wall Street to venture capital. Key takeaways include the evolving relationship between startups and large corporations, the potential of AI to augment rather than replace human workflows, the critical importance of long-term partnerships in driving technological innovation in the industrial sector, and so much more.