The fund was founded by Scania to invest in high-growth companies that align with its ecosystem of customers and partners in the automotive and transport industries. Scania Growth Capital focuses on sustainable transport solutions and disruptive technologies and business models in the automotive and transport industries. It also provides support to entrepreneurs with industry knowledge and a large ecosystem. Scania, a manufacturer of commercial vehicles, offers customized heavy trucks, buses, engines, and related services for long-distance, urban applications, and construction, enabling companies to achieve cost-efficient and low-carbon transportation solutions.