Scania Growth Capital focuses on investments in the automotive and transport industries, primarily in Sweden. As a venture capital firm, they typically participate in Series A and Series B funding rounds, supporting companies in their early growth stages.

Notable portfolio companies include Cycle and Northvolt, with the latter having raised a significant $600 million. Scania Growth Capital leverages its parent company Scania's expertise in sustainable transport solutions to provide strategic value to its portfolio companies, aligning with Scania's purpose of driving the shift towards a sustainable transport system.