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Fund profile

Scania Growth Capital

Scania Growth Capital

Sweden

Leading

About

Scania, a global leader in sustainable transport solutions, operates Scania Growth Capital to invest in high-growth startups that align with its vision for the future of mobility, transportation, and sustainability. Founded in 2016 and based in Stockholm, this venture capital fund focuses on early-stage companies that offer innovative solutions in sectors like mobility, transportation, energy, and clean technology. Scania Growth Capital plays a critical role in fostering startups that support the transition to efficient and sustainable transport systems. The fund targets companies that push the boundaries of sustainability and technology, with notable investments in companies like Cycle, which develops energy-efficient solutions, and Scantinel, a leader in LiDAR technology for autonomous vehicles. Through strategic capital deployment, Scania Growth Capital aims to accelerate the adoption of innovative technologies that benefit not just the transport industry but society and the environment as a whole. Scania Growth Capital is part of a broader venture ecosystem at Scania, including partnerships with accelerators like Sting, designed to foster rapid development and commercialization of promising new technologies. The fund's unique position within the Scania ecosystem provides startups with access to market expertise, industry insights, and an expansive network of potential partners and customers​. By supporting companies that address the challenges of modern transportation, Scania Growth Capital is helping to shape the future of sustainable mobility and ensuring that innovative startups have the resources needed to thrive.

Details

Round

Seed
Series A
Series B
Series C+
Venture Round

Previous Investments

AI & Deep Tech
CleanTech & Sustainability
Consumer Goods & Electronics
Data & Analytics
Energy & Utilities
Hardware. Robotics & IoT
Legal & Professional services
Other
Real Estate & Proptech
Software & Apps
Transportation & Mobility

Geo focus

Israel
Europe
USA
Canada

Highlights

$12.1M

Historical average check

$200M

Historical max check

December 2024

Last investment date

21

Investments

AI & Deep Tech

Transportation & Mobility

Consumer Goods & Electronics

Hardware. Robotics & IoT

Software & Apps

CleanTech & Sustainability

Energy & Utilities

Real Estate & Proptech

Data & Analytics

Legal & Professional services

Other

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Website

scania.comgroup/en/section/innovation/scania-growth-capital/

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