Fundraising Fox

Kinnevik

Growth equity

Stockholm · Series A–Late Stage

Fox Verdict
Sign up to see your fit

Investment thesis

Kinnevik invests in technology-enabled challenger companies across Europe and the US with a focus on healthcare, software, and climate impact. The firm adopts a patient capital approach and acts as an active owner and operational partner, supporting founders building companies that improve everyday life while creating long-term sustainable growth.

Source: firm website, verified Jul 21, 2026.

Stage
Series A–Late Stage
HQ
Stockholm, SE
Instruments
Equity
Founded
1936
Tracked investments
37

What they invest in

from 1 of 37 portfolio companies

Cleantech ×1Climate Tech ×1Energy ×1

Investments · 37 tracked

founders shown can be your intro path
Agreena

Tech-enabled platform unlocking the value of regenerative agriculture

Airaairahome.com

Aira provides clean energy solutions centered on heat pumps, making renewable heating technology accessible and affordable for residential homes across Europe.

CleantechClimate TechEnergy

Anterior

Clinical AI platform that automate and accelerate complex clinical and administrative workflows

Betterment

US based money manager offering investing and retirement solutions

Breathe Battery Technologies

Enhancing battery performance for an electrified future

Cedar

Provides a smarter way for hospitals to manage the patient payment ecosystem

Charm Industrial

Removes CO₂ permanently from the atmosphere by converting biomass into stable carbon-rich liquid

Cityblock

Value-based healthcare provider for underserved urban populations

Encube

Reimagining industrial manufacturing with a collaborative, AI-powered, cloud-native platform

Enveda

Clinical-stage biotech company pioneering small molecule drug discovery

Global Fashion Group

International online fashion and lifestyle retailer

HungryPanda

The world's largest overseas Chinese food delivery company

Instabee

Customer centric last-mile logistics platform specialised for e-commerce

Job&Talent

World-leading marketplace for essential work

Kernel

RevOps system enabling automated cleaning, mapping, enrichment and account sourcing for enterprise companies

Mews

Leading hospitality technology platform

Nick's

Swedish-born, global food-tech innovator of healthy and indulgent snacks and ice cream

Nory

AI-native restaurant management system

Oda / Mathem

Leading online grocer in the Nordics with over 4 million deliveries per year

Omio

Travel platform bringing together more than 1,000 transportation providers

Omnipresent

Provides end-to-end service to support businesses hiring talent globally

Oviva

Europe's leading provider of AI-enabled chronic care

Pelago

The world's leading virtual clinic for substance use management

Perk

Fastest-growing business travel and spend management platform

Pleo

The leading pan-European spend management platform

Recursion

Clinical-stage techbio company decoding biology to industrialize drug discovery

SafetyWing

A unique global travel and health insurance plan for remote workforces

Solugen

Manufacturer of chemical solutions that are safer and more cost-effective with lower carbon footprint

Spring Health

A digital mental health platform offering self-help tools, coaching, therapy, and medication management through AI-powered matching to connect individuals with appropriate care via employers and health insurers.

Stegra

Producer of green steel aiming to reduce carbon emissions by up to 95%

Strand Therapeutics

Clinical-stage biotechnology company pioneering programmable mRNA therapies

Superb

The first all-in-one Guest Experience Management platform for restaurants

Tandem Health

The leading medical AI co-pilot in Europe

Transcarent

Making it easy for people to access high-quality, affordable health and care

Vay

A teledriving company aiming to launch an affordable and sustainable door-to-door mobility service

Vivino

The world's largest online wine marketplace and most downloaded wine app

Wordsmith AI

Transforming in-house legal teams by bringing AI intelligence across their organisations

Frequently asked questions

What stage does Kinnevik invest at?
Kinnevik invests at the Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does Kinnevik focus on?
Kinnevik focuses on Biotech, Cleantech, Climate Tech, Cloud Computing, Digital Health, Healthtech, Mental Health, SaaS.
Where is Kinnevik located?
Kinnevik is headquartered in Stockholm, SE.

Similar investors

B Capital Group

B Capital is a venture capital firm managing over $12 billion in assets with a stage-based fund approach. The firm invests across early to late-stage companies in technology, healthcare, and energy & resilience sectors, with 200+ portfolio companies and 9 global offices.

DCVC (Data Collective)

DCVC is a deep tech venture capital firm with over a dozen years of experience backing entrepreneurs using computational approaches to solve trillion-dollar problems across industries including AI, climate, materials science, robotics, space, and biology.

Oak Investment Partners

Oak is a multi-stage venture capital firm founded in 1978 that invests in high-growth opportunities across information technology, internet, consumer, financial services technology, healthcare, and clean energy sectors. Since inception, the firm has deployed $9 billion across over 525 companies globally.

B4 Capital

B Capital is a venture capital firm managing $12+ billion in assets under management with 200+ early to late-stage portfolio companies across 9 global locations. The firm operates dedicated stage-based funds supporting entrepreneurs throughout the company-building lifecycle.

Capricorn Venture Partners

Capricorn Partners is an independent management company established in 1993 that provides venture and growth capital to innovative companies across digital technologies, healthcare, and clean technology sectors, with a focus on generating both financial returns and positive impact on people and the planet.

Featured in lists