Kinnevik
Growth equityStockholm · Seed–Late Stage · 2 people tracked
Investment thesis
Kinnevik positions itself as a long-term growth investor and active owner backing technology-enabled challenger companies across Europe and the US. It provides patient capital and operational partnership to founders building category leaders in healthcare, software, and climate. The firm invests across all stages of a company's growth journey, aiming to redefine industries and create durable, long-term value in businesses that make everyday life easier and better for people worldwide.
Source: firm website, verified Aug 3, 2026.
Team · 2 people
from curated
What they invest in
from 35 of 50 portfolio companiesAI & Machine Learning ×12Healthtech ×12Digital Health ×10Enterprise Software ×6Fintech ×6Marketplaces ×6SaaS ×6Climate Tech ×5
HQs:United States×13United Kingdom×3Germany×2Sweden×2Australia×1Switzerland×1
Who they back
founder profiles across 21 portfolio companiesFounding team size:solo founder×102 founders×83 founders×24+ founders×1
Where their founders studiedfrom 23 founders with education data
Imperial Business School ×3Imperial College London ×2UCL ×2
Where their founders worked beforefrom 25 founders with career history
McKinsey & Company ×2NHS England ×2Tradeshift ×2
Accelerator rootsportfolio companies that came through a program
3 founders hold a PhD · 3 hold an MBA (of 25 with degree data)
Investments · 50 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 32024 · 32023 · 29 dated
Agreena runs a soil carbon platform that pays farmers to adopt regenerative agriculture practices and issues verified carbon credits based on soil carbon sequestration, sold to businesses through voluntary carbon markets.
AgTechClimate TechImpact & Social GoodCopenhagen, DK
Simon Haldrup(CEO)
Co-investorsAnthemis VentureGiant Ventures Global LlpHV Capital
Vay develops remote driving technology that lets a human operator drive a vehicle from a distance without anyone inside, enabling services such as car sharing, fleet logistics, last-mile delivery, and public transport.
AI & Machine LearningLogistics & Supply ChainMobility & TransportationRoboticsLas Vegas, US
Thomas von der Ohe(Co-Founder & CEO)inFabrizio Scelsi(Co-Founder & CTO)Bogdan Djukic(Co-Founder, VP Engineering & Remote Driving Experience)
Co-investorsAtomicoCreandumEurazeoGrabInovia CapitalLa Famiglia+5 more
Aira provides clean energy solutions centered on heat pumps, making renewable heating technology accessible and affordable for residential homes across Europe.
CleantechClimate TechEnergy
Co-investorsAltorCollaborative FundTemasek
Anterior builds and deploys clinical AI for health plans, automating workflows such as prior authorizations to cut administrative costs and staff burden.
AI & Machine LearningDigital HealthHealthtechNew York City, US
Abdel Mahmoud(Co-founder)inZahid Mahmood(Co-founder)in
Co-investorsBlue Lion GlobalFour Acres CapitalNew Enterprise Associates (NEA)OnstageSequoia CapitalFPV
US based money manager offering investing and retirement solutions
Co-investorsAnthemis VentureFrancisco PartnersGlobespan Capital PartnersGrand VenturesKhosla VenturesSecond Alpha Partners+1 more
Physics-based battery management software enabling faster charging, longer cycle life, and safety for EV and consumer electronics brands.
Co-investorsCreative Destruction Lab (CDL)SpeedinvestTechFounders
Cedar provides a unified patient financial platform for healthcare providers, combining billing, payments, coverage, and support powered by healthcare-specific AI.
AI & Machine LearningEnterprise SoftwareFintechHealthtechSaaS
Florian Otto(Founder)inArel Lidow(Founder)in
Co-investorsAlkeon InnovationAndreessen HorowitzOak HC/FTOptum VenturesSV AngelValkyrie Ventures Management, Llc
Charm Industrial converts agricultural residues into bio-oil and injects it underground to remove carbon from the atmosphere at scale.
AgTechCleantechClimate Tech
Shaun Meehan(Chief Scientist and co-founder)
Co-investorsAzolla VenturesBreyer CapitalCongruent VenturesLIONHEART VENTURESPrime Impact FundSystemiq Capital+8 more
Cityblock provides primary care and health services focused on making healthcare accessible as a basic right, particularly serving underserved and marginalized communities with an emphasis on trust-based, inclusive care.
Digital HealthHealthtechImpact & Social GoodMental HealthBrooklyn, US
Dr. Toyin Ajayi(Co-founder & CEO)Iyah Romm(Executive Officer, Director)Toyin Ajayi(Founder)inMat Balez(Founder)in
BoardAndy Slavitt(Director)inAmbar Bhattacharyya(Director)
Co-investors8VCEcho Health VenturesGeneral CatalystLifeforce CapitalMaverick VenturesOpen Opportunity Fund+4 more
Clinical-stage biotech using AI and metabolomics to decode natural chemistry and discover small-molecule medicines.
Viswa Colluru, PhD(Founder)in
Co-investorsAir Street CapitalCatalio Capital Management, LPFPVHummingbird VenturesJAZZ Venture PartnersLevel Ventures+6 more
THE ICONIC is an online fashion and sports retailer serving consumers in Australia and New Zealand, offering product ranges, delivery, and returns through digital shopping experiences.
ConsumerE-commerceMarketplacesRetail TechLuxembourg, AU
Co-investorsRocket Internet SE
Habyt operates a flexible accommodation platform offering short-stay and longer-term rental options with integrated amenities, community spaces, and hospitality-focused services.
MarketplacesPropTechTravel & HospitalityBerlin, DE
Luca Bovone(CEO of the Issuer)inGiorgio Ciancaleoni(Co-Founder)in
Co-investorsBurda Principal InvestmentsKorelya CapitalP101 VenturesPICUS CAPITALRTP GlobalSalica Investments+6 more
Hungry Panda operates a food delivery platform serving Chinese communities globally, offering restaurant delivery, fresh food delivery, and lifestyle services.
FoodTechLogistics & Supply ChainMarketplaces
ERICK DU(Founder)inEric Liu(Founder)in
Co-investors83NorthBurda Principal InvestmentsFELIX CAPITALLiquidity CapitalMars Growth CapitalVNV Global+1 more
Job&Talent is an AI-powered workforce platform that connects job seekers with employers in essential industries such as logistics, delivery, and warehousing.
AI & Machine LearningFuture of WorkHR TechMarketplacesMadrid, ES
Co-investorsKibo VenturesAtomicoAcurio VenturesDN CapitalManhattan Venture PartnersMundi Ventures+4 more
World-leading marketplace for essential work
Co-investorsInfraVia Capital PartnersKibo Ventures
RevOps system enabling automated cleaning, mapping, enrichment and account sourcing for enterprise companies
Lazada operates an e-commerce marketplace serving Southeast Asia, connecting shoppers and retailers through its technology, logistics, and payments infrastructure.
E-commerceLogistics & Supply ChainMarketplacesSingapore, SG
Magnus Ekbom(Co-Founder)inMartell von Hardenberg(Co-Founder)inMaximilian Bittner(Founder & former Group CEO)inPierre Poignant(Co-Founder, former COO & later Group CEO)inAlan Chanin
Co-investorsRocket Internet SEAccess IndustriesGlobal Founders CapitalSummit Partners
Livongo offers a chronic condition management program combining connected health-monitoring devices (blood glucose meters, blood pressure monitors, scales), certified health coaches, and clinical support to help members manage diabetes, hypertension, and weight, including GLP-1 medication access.
Digital HealthHealthtechWellness & FitnessMountain View, US
JOSEPH E. CAREY(Executive Officer)BRIAN VANDENBERG(Executive Officer)MARIO CHRISTOPHER(Executive Officer)
BoardBETH SEIDENBERG(Board Director (Kleiner Perkins))inLEE SHAPIRO(Director)inHEMANT TANEJA(Director)in
Co-investors7wire VenturesCorewell Health VenturesGeneral CatalystHuman CapitalKleiner PerkinsSapphire Ventures+4 more
Cloud-based hospitality operating system for hotels, serving over 15,000 properties across 85 countries.
Co-investorshenQ vcNotion CapitalUnited Founders
Monese offers mobile money accounts and cards along with financial tools such as credit-building, lending, and budgeting products for consumers managing everyday finances.
ConsumerFintech
Norris Koppel(Founder)in
Co-investorsHSBCAnthemis VentureOutward VCQVenturesSpecialist VCSpring Capital+2 more
Swedish-born, global food-tech innovator of healthy and indulgent snacks and ice cream
Nory develops a restaurant management system powered by AI assistants that helps multi-unit restaurant operators control prime costs and improve profitability.
AI & Machine LearningEnterprise SoftwareSaaSLondon, GB
Co-investorsAccelCavalry VenturesNAPPlayfair CapitalSamaipata
Oda is an online grocery store offering food and household items at low prices with home delivery to consumers in Norway.
ConsumerE-commerceFoodTech
Co-investorsAlliance VCAlliance VentureCNISkyfall VenturesSumma EquitySoftBank Group+1 more
Leading online grocer in the Nordics with over 4 million deliveries per year
Co-investorsAtlanticBattery VenturesClear VenturesG SquaredNew Enterprise Associates (NEA)Silver Lake Partners+3 more
Omnipresent acts as an employer of record in more than 160 countries, taking on payroll, benefits administration, and local employment compliance on behalf of its clients.
Enterprise SoftwareLondon, GB
Matthew Wilson(Cofounder)inGuenther Eisinger(CEO)in
Co-investorsEntrepreneur FirstEpisode1Playfair Capital
Delivers personalized health coaching and weight loss medication for weight-related conditions.
Co-investorsF-Prime CapitalWalking Ventures
Oviva offers personalised dietary advice paired with a digital app to help people change eating habits and manage or prevent illness.
Digital HealthHealthtechWellness & FitnessZürich, CH
Manuel Baumann(Founder)
Co-investorsAlbionVCAnkaa VenturesF-Prime CapitalNorrsken VC
Parsley Health delivers evidence-based, whole-body functional medicine care through board-certified clinicians trained in functional medicine.
Digital HealthHealthtechWellness & FitnessNew York, US
Robin Berzin(Founder & CEO)Robin Berzin MD(Founder)in
Co-investors7wire VenturesAdvance Venture PartnersAlpha EdisonAmplo VenturesCorewell Health VenturesEvolution VC Partners+10 more
Pelago is a virtual clinic that partners with employers and health plans to provide substance use disorder treatment and management services.
Digital HealthHealthtechNew York City, US
Yusuf Sherwani(Founder/CEO)inSarim Siddiqui(Founder/Chief Medical Officer)inMaroof Ahmed(Founder)in
Co-investorsAAF Management Ltd.Cade VenturesGreyMatterOctopus VenturesSemperVirens Venture CapitalVillage Global+1 more
Perk provides AI and automation that handles routine administrative tasks — travel, expenses, invoices, and payments — for employees, while giving companies visibility and configurable controls for policy, governance, and risk.
AI & Machine LearningEnterprise SoftwareFintechSaaSTravel & HospitalityBoston, US
Avi Meir(Co-founder & CEO)inJavier Suarez(Founder)
Co-investorsAmplo VenturesClaltechD&FG ElementsFELIX CAPITALIntrepid Growth PartnersLiquidity Capital+11 more
Pleo provides smart company cards with individual spending limits and automated expense management, giving admins a real-time overview of purchases and tools to flag or freeze cards.
Enterprise SoftwareFintechSaaS
Jeppe Rindom(Co-founder & CEO)inNiccolo Perra(Co-founder)in
Co-investorsAlkeon InnovationCoatue ManagementIsomer CapitalStripesHSBC
Recursion applies artificial intelligence and large-scale data analysis to accelerate drug discovery and development.
AI & Machine LearningBiotechDeep TechMedical DevicesSalt Lake City, US
Chris Gibson(Co-founder, Chairman of the Board)
Co-investorsDCVC (Data Collective)Lux CapitalBaillie GiffordAir Street CapitalAmplify PartnersCatalio Capital Management, LP+8 more
SafetyWing builds insurance and safety-net products for digital nomads and remote workers, including health, income, and travel coverage that works across borders.
FintechFuture of WorkInsurTechTravel & HospitalitySan Francisco, US
Sondre Rasch(Founder/CEO)inSarah Sandnes(Founder/CTO)inHans Nyvold Kjellby(Founder/COO)in
Co-investorsbyFoundersMundi VenturesRocketship.vcY Combinator
Solugen develops a biomanufacturing platform using fermentation and bioprocessing technology to produce specialty chemicals at scale.
Advanced ManufacturingBiotechCleantechClimate TechHealthtechHouston, US
Sean Hunt(Founder/CTO)inGaurab Chakrabarti(Founder)in
BoardSeth Bannon(Director)in
Co-investorsFifty YearsFounders FundLowercarbon CapitalY CombinatorBaillie GiffordGIC+22 more
Spring Health is an AI-native platform delivering personalized mental health support through self-guided tools, coaching, therapy, medication management, and specialty care for employers, health plans, and individuals.
AI & Machine LearningDigital HealthHealthtechMental Health
April Koh(Founder)in
Co-investorsAble PartnersEQUIAMGingerbread CapitalKicker VenturesNorthzoneRethink Impact+4 more
Stegra produces green steel using green hydrogen and green iron, targeting a 95% reduction in emissions compared to conventional steel production.
Advanced ManufacturingCleantechClimate TechStockholm, SE
Co-investorsAltorBurda Principal InvestmentsTemasek
Develops programmable mRNA therapies that last longer and target cells more precisely for cancer and other diseases.
BiotechBoston, US
Tasuku Kitada(Executive Officer, Director, Promoter)inJacob Becraft(Executive Officer, Director, Promoter)inSamta Kundu(Executive Officer)
BoardJeb Keiper(Director)Ala Alenazi(Director)Pegah Ebrahimi(Director)
Co-investorsJIC Venture Growth InvestmentsPlayground GlobalAmgen VenturesANRIFPVICONIQ+2 more
Superb offers a point-of-sale system and payment processing solutions for restaurants, bars, and small shops, combining a simple POS interface, card payments with daily payouts, and mobile ordering capabilities.
FintechRetail TechSaaS
Co-investorsSEED Capital Denmark
Tandem Health builds regulated clinical AI for clinicians and health systems, including an AI scribe that generates clinical documents and diagnosis/procedure codes (ICD-10, SNOMED), a coding assistant, and clinical decision support certified as EU MDR Class IIa medical devices.
AI & Machine LearningDigital HealthHealthtech
Lukas Saari(Founder)in
Co-investorsInception FundNorthzoneVisionaries Club
Transcarent operates a generative AI-powered health and care platform that combines medical, pharmacy, and point solutions to help people navigate the healthcare system and access on-demand care.
AI & Machine LearningDigital HealthHealthtech
Co-investorsAlta PartnersThreshold VenturesAlly Bridge GroupGeneral CatalystGeodesic CapitalHuman Capital+2 more
Transcarent operates a generative AI-powered health and care platform that combines medical, pharmacy, and point solutions into a single member experience, helping people navigate the healthcare system and access on-demand care.
AI & Machine LearningDigital HealthHealthtechDenver, US
Co-investors7wire VenturesCorewell Health VenturesGeneral CatalystGeodesic CapitalGreatPoint VenturesHuman Capital+5 more
Co-investorsKickstart InnovationLa Famiglia
San Francisco, US
Heini Zachariassen(Executive Officer, Director, Promoter)in
BoardJohan Brenner(Director)inMartin Hauge(Director)Suranga Chandratillake(Director)Niels Vejrup Carlsen(Director)Lars Andersen(Director)
Co-investorsArmada Investment AGBalderton CapitalPSVSEED Capital DenmarkSprints CapitalCreandum+1 more
Wordsmith is a legal operations platform that consolidates legal requests from teams like sales, finance, and HR into a single system, routing and resolving matters based on how a legal team handles work.
AI & Machine LearningEnterprise SoftwareLegalTechSaaS
Ross McNairn(Co-founder)in
Co-investorsIndex VenturesGeneral CatalystHighland EuropeFELIX CAPITAL
Zalando is an online fashion and lifestyle retailer selling clothing, shoes, and accessories to consumers.
ConsumerE-commerceMarketplacesBerlin, DE
Robert Gentz(Founder)in
Co-investorsHoltzbrinck VenturesHV CapitalGlobal Founders Capital
Exits · 1
IPOs and acquisitions across the tracked portfolioLazadaacq. by Alibaba Group
Portfolio news
latest coverage across their companiesEnveda · biospace.com · Aug 19, 2026
Recursion · tipranks.com · Aug 11, 2026
Perk · skift.com · Aug 10, 2026
Wordsmith AI · uktech.news · Aug 6, 2026
Cedar · wmdt.com · Jul 15, 2026
Superb · morningstar.com · Jul 14, 2026
Frequently asked questions
- How many investments has Kinnevik made?
- Kinnevik has 41 tracked investments, 1 of which have exited via acquisition or IPO, including 4 dated in the last 24 months.
- What stage does Kinnevik invest at?
- Kinnevik invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
- What sectors does Kinnevik focus on?
- Kinnevik focuses on AI & Machine Learning, Biotech, Cleantech, Climate Tech, Cloud Computing, Digital Health, Healthtech, Mental Health, SaaS.
- Where is Kinnevik located?
- Kinnevik is headquartered in Stockholm, SE.
- Does Kinnevik lead rounds?
- Kinnevik has led 5 of the 13 rounds where its role is on record.
- Who does Kinnevik co-invest with?
- Kinnevik most often shares deals with FELIX CAPITAL, Northzone, Village Global, among 157 tracked co-investors.
- What size deals does Kinnevik back?
- Across 5 deals with disclosed amounts, Kinnevik has joined rounds of $37M – $153M (median $55M).
From the blog
visit blog ↗Recent posts cover how durable competitive moats guide business-building in the age of AI (with examples from Mews and Enveda) and structural, regulatory, and market dynamics reshaping European healthcare. AI summary
Co-investors · 14
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General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.
Atomico is an international venture capital firm that invests in growth-stage technology companies across multiple geographies. The firm focuses on scaling disruptive technology businesses globally.
FPV Ventures is an early-stage investment firm that backs mission-driven founders.
Threshold Ventures is a venture capital firm that partners with founder-led companies at inflection points of breakout growth, engaging early and providing hands-on advice during moments of market transformation.
La Famiglia is a European venture capital fund investing at seed and growth stage in technology companies that enable or disrupt large industries.
True Ventures is a venture capital firm established in 2005 that focuses on early-stage technology companies, with operations based in Silicon Valley.
RRE Ventures is a boutique early-stage venture capital firm that backs founders across sectors, combining decades of experience with AI-driven analysis throughout the investment lifecycle.
DN Capital is a global early-stage venture firm founded in 2000, investing in Seed, Series A and select Series B companies across Europe and North America.
Work-Bench is a New York City-based seed-stage venture fund backing early-stage founders building enterprise, SaaS, and infrastructure software, with hands-on go-to-market support.
Giant Ventures is a venture capital firm investing in technology that transforms civilization's foundational systems across sectors including AI, energy, materials, industry, work, finance, biology and healthcare.
Playground Global is a venture capital firm that invests in deep tech companies built by scientists and engineers, spanning next-generation compute, automation, energy, and computational biology.
Dimension is a multistage investment firm that partners with companies working at the intersection of science and compute.
▶2 more co-investors
Firms observed investing alongside Kinnevik, from public investor directories. Shared companies are the overlap with Kinnevik's recorded portfolio.
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