Scania Growth Capital

Scania Growth Capital is the corporate venture capital fund of Scania, a leading global provider of transport solutions. Established in 2016, the fund was launched with an initial capital of SEK 800 million, equivalent to approximately $80 million USD, demonstrating a substantial commitment to fostering innovation within the transport and logistics sector. Based in Södertälje, Sweden, Scania Growth Capital strategically invests in growth companies that can accelerate Scania's transition towards a sustainable transport system, aligning closely with the parent company's long-term vision.

The fund's investment thesis centers on areas critical to the future of transport. This includes electrification, autonomous vehicles, connectivity solutions, smart factory technologies, and new business models that disrupt traditional approaches. Scania Growth Capital seeks out companies with innovative technologies and scalable solutions that offer strategic relevance to Scania's core operations and future development. Beyond financial capital, the fund provides its portfolio companies with invaluable access to Scania's deep industry expertise, extensive market knowledge, and global ecosystem, fostering collaboration and accelerating market penetration.

Scania Growth Capital typically targets initial investments ranging from SEK 10 million to SEK 40 million, which translates to approximately $1 million to $4 million USD. These first cheques are aimed at growth-stage companies, with the potential for additional follow-on investments as portfolio companies mature and demonstrate continued progress. The fund's approach is designed to build a concentrated portfolio of strategically aligned ventures, ensuring close collaboration and maximizing the potential for mutual benefit between Scania and its investees. This focused strategy underscores Scania's commitment to driving innovation and sustainability across the transport industry.