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Scania - About the company

Scania is an acquired company based in Sodertalje (Sweden), founded in 1891 by Andres Recabarren Alvarez. It operates as a Manufacturer of commercial vehicles. Scania has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 7803 active competitors, including 133 funded and 851 that have exited. Its top competitors include companies like Aurora, Proterra and Einride.

Company Details

Manufacturer of commercial vehicles. Platform products includes buses, trucks and coaches. It also offers maintenance and repair services.
Social
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Email ID
*****@scania.com
Phone Number
+46 **********
Part Of
Registered Address
Rīga, Tīraines iela 13
Key Metrics
Founded Year
1891
Location
Sodertalje, Sweden
Stage
Acquired
Last Known Valuation
$***** as on Mar 04, 2008
Ranked
Annual Revenue
$1M - $10M as on Dec 31, 2022
Employee Count
37,232 as on Sep 30, 2026
Investment & Acquisitions
Exit Details
Acquired by Volkswagen Group (Mar 04, 2008)

Scania's acquisition details

Scania got acquired by Volkswagen Group on Mar 04, 2008 at an acquisition amount of $*****.
Click here to take a look at Scania's acquisition in detail
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Scania's funding and investors

Scania has raised funding over 11 rounds. Its first funding round was on Sep 01, 2016. Its latest funding round was a Grant (prize money) round on Jul 20, 2021 for $*****. 1 investor participated in its latest round. Scania has 2 institutional investors.

Here is the list of recent funding rounds of Scania:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 20, 2021
3833658
Grant (prize money)
4599686
2504385
5891012
3469908
May 01, 2019
7919513
Grant (prize money)
5903727
5503860
4154711
Sep 01, 2018
2538849
Grant (prize money)
5027523
8395864
7091621
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Scania's founders and board of directors

Founder? Claim Profile
The founders of Scania is Andres Recabarren Alvarez.
Here are the details of Scania's key team members:

Scania's employee count trend

Scania has 37,232 employees as of Sep 26. Here is Scania's employee count trend over the years:
Employee count trend for Scania
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Scania's Competitors and alternates

Top competitors of Scania include Aurora, Proterra and Einride. Here is the list of Top 10 competitors of Scania, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Aurora
Aurora
2017, Mountain View (United States), Public
Developer of self-driving technology for integration into freight operations
$693M
78/100
2nd
Logo for Proterra
Proterra
2004, Burlingame (United States), Public
Manufacturer of battery systems for electric vehicles and commercial equipment
$858M
76/100
3rd
Logo for Einride
Einride
2016, Stockholm (Sweden), Series E
Provider of electric and autonomous freight transportation solutions
$865M
74/100
4th
Logo for Uno Minda
Uno Minda
1958, Gurugram (India), Public
Manufacturer of automotive components and systems for original equipment manufacturers
$260M
73/100
5th
Logo for EKA
EKA
2019, Pune (India), Series A
Manufacturer of electric buses trucks and small commercial transport vehicles
$179M
72/100
6th
Logo for Gatik
Gatik
2017, United States, Series D
Operator of autonomous trucking solutions for middle-mile logistics operations
$500M
70/100
7th
Logo for Cooper Standard
Cooper Standard
1960, Novi (United States), Acquired
Global supplier of sealing, fluid handling systems, and material science solutions
$51.1M
-
69/100
8th
Logo for TuSimple
TuSimple
2015, San Diego (United States), Public
AI-powered provider of self-driving solutions for trucks
$648M
69/100
9th
Logo for PlusAI
PlusAI
2016, Santa Clara (United States), Series C
Developer of autonomous driving technology for integration into factory-built trucks
$720M
69/100
10th
Logo for Waabi
Waabi
2021, Toronto (Canada), Series C
Developer of physical artificial intelligence platform for autonomous trucks and robotaxis
$1.03B
69/100
31st
Logo for Scania
Scania
1891, Sodertalje (Sweden), Acquired
Manufacturer of commercial vehicles
-
63/100
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Scania's Investments and acquisitions

Scania has made 22 investments in companies including Multiverse Computing and Nyobolt. Scania has also acquired 3 companies including Haydock Commercial Vehicles and Northvolt.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jul 27, 2026
Investments
2019
San Sebastian (Spain)
May 06, 2026
Investments
2019
Cambridge (United Kingdom)
Apr 30, 2026
Investments
2017
Delft (Netherlands)
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See all investments and acquisitions by Scania

Reports related to Scania

Here is the latest report on Scania's sector:

News related to Scania

lockFilter this list
Media has covered Scania for a total of 61 events in the last 1 year, 38 of them have been about company updates and 5 about partnerships.
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FAQs about Scania

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