Scania Growth Capital
Scania Growth Capital backs ventures for transforming mobility and transport
Scania Growth Capital is a venture capital fund managed by our venture capital partner East Hill Equity, which acts as the funds’ advisor. It is one of several Scania initiatives that tap into new ideas in the company's rapidly-changing environment.
Scania has founded Scania Growth Capital to invest in high-growth companies with strategic relevance to its ecosystem of customers and partners in the mobility and transport industries.
Our venture fund invests in companies who support the shift towards a more sustainable transport system, and in ventures that may discover disruptive, transformational technologies and business models in the mobility and transport industries.
Supporting entrepreneurs
The funds are a platform from where Scania can support capable entrepreneurs with a large ecosystem of technologies and skills, as well as broad and deep industry knowledge with the aim of adding great value to the portfolio companies. The portfolio companies will gain access to this large ecosystem and at the same time have contact with a small and agile investment team that will follow them through all the ups and downs along the entire lifespan of the investment period. We believe this gives the entrepreneurs the best of both worlds.
The fund is managed by an external management company, East Hill Equity, which consists of a team with extensive experience in venture investments and deep insights into the mobility industry. Scania Growth Capital's investment activities may include, but are not limited to, companies with products, solutions or services that involve digitalisation, autonomous vehicles, connectivity, hybridisation, sustainable energy and smart factory solutions.
Investment criteria
Scania Growth Capital invests in minority positions in companies with strategic relevance to Scania and its ecosystem in the mobility and transport industries, from seed rounds to later growth stages. Evaluations are broad and may include, but are not limited to, companies with:
- products, solutions or services in areas such as digitalisation, autonomy, connectivity, hybridisation, sustainable energy and smart factory
- an innovative product or a unique market position with potential for significant growth
- capable, commercial and growth-oriented entrepreneurs and management teams
- commercial traction - either through revenue or close customer interaction
Scania Growth Capital exchange programme
The Scania Growth Capital exchange programme is a partnership with the companies in which Scania Growth Capital has invested, with the aim of supporting Scania’s vision to be the leader in sustainable transport solutions and drive the shift towards a sustainable transport system, while also helping our portfolio companies in their growth journey. It is a professional development programme that aims to develop Scania employees, learn entrepreneurial skills from agile high growth companies and generate value for both Scania and the high-growth companies through stronger partnerships.
In this way we are able to use partnerships as a way of giving our employees the opportunity for professional development through a hands-on learning experience in a different environment. This broadens their perspectives and gives them experience of an entrepreneurial culture. The employees participating in the programme will be on a steep learning curve that will help them contribute to the acceleration and development of Scania’s entrepreneurial muscle.
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Portfolio of investments
See the portfolio of investments at East Hill Equity, the management company of Scania Growth Capital.
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Venture collaboration
Scania is part of the Combient network, a Nordic-based industry collaboration that aims to accelerate transformation in technologies such as automation, artificial intelligence, analytics and open innovation. -
Innovation factory
For our employees that have a burning idea, we offer the opportunity to join Scania Innovation Factory, our intrapreneurship programme. Here you get the chance to discover, test, and develop bold new concepts. -
Innovation
By harnessing new tools and ways of working, we are rapidly developing the ideas and technologies that will shape tomorrow’s transport system.