Fundraising Fox

Kinnevik

Growth equity

Stockholm Β· Seed–Late Stage

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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.

Stage
Seed–Late Stage
HQ
Stockholm, SE
Instruments
Equity
Founded
1936
Tracked investments
42

What they invest in

from 19 of 42 portfolio companies

Healthtech Γ—8Digital Health Γ—6AI & Machine Learning Γ—5Climate Tech Γ—5Cleantech Γ—4Fintech Γ—4Consumer Γ—3Marketplaces Γ—3

HQs:United StatesΓ—6United KingdomΓ—2AustraliaΓ—1GermanyΓ—1DenmarkΓ—1SwedenΓ—1

Investments Β· 42 tracked

founders shown can be your intro path
Agreenaagreena.comin𝕏

Agreena provides an end-to-end platform for soil carbon verification and management that enables farmers across Europe to participate in regenerative agriculture and generate verified carbon credits.

AgTechClimate TechImpact & Social Good

Simon Haldrup(CEO)

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

Anterioranterior.comin𝕏

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 HealthHealthtech

Avitoavito.ru
Betterment

US based money manager offering investing and retirement solutions

Breathe Battery Technologies

Physics-based battery management software enabling faster charging, longer cycle life, and safety for EV and consumer electronics brands.

Cedarcedar.comin𝕏

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

Charm Industrialcharmindustrial.comin𝕏

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)

City Blockcityblock.com𝕏

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)Ambar Bhattacharyya(Director)Daniel Doctoroff(Director)Iyah Romm(Executive Officer, Director)

BoardAndy Slavitt(Director)Elliot Geidt(Director)

Encubeencube.xyz

Product industrialization reimagined for teams.

Envedaenvedabio.com
Global Fashion Groupglobal-fashion-group.comin

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 Tech

Hungry Pandahungrypanda.co

Hungry Panda operates a food delivery platform serving Chinese communities globally, offering restaurant delivery, fresh food delivery, and lifestyle services.

FoodTechLogistics & Supply ChainMarketplaces

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

Monesemonese.comin𝕏

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

Nick's

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

Norynory.aiin𝕏

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

Oda / Mathem

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

Omioomio.com
Omnipresent

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

Parsley Healthparsleyhealth.comin

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)

Pelagopelagohealth.comin𝕏

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

Perktravelperk.comin𝕏
Pleo

The leading pan-European spend management platform

Recursion

Clinical-stage techbio company decoding biology to industrialize drug discovery

SafetyWingsafetywing.comin𝕏

Safety Wing provides health insurance, income protection, and travel coverage for digital nomads and remote workers.

FintechInsurTechTravel & HospitalitySan Francisco, US

Sondre Rasch(Founder/CEO)inSarah Sandnes(Founder/CTO)inHans Nyvold Kjellby(Founder/COO)in

Solugensolugen.comin𝕏

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)

Spring Health

Healthcare; closed Series E at $3.3bn valuation

Stegrastegra.comin

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

Strand Therapeutics

Develops programmable mRNA therapies that last longer and target cells more precisely for cancer and other diseases.

Superbsuperbexperience.comin

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

Tandem Healthtandemhealth.aiin

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

Transcarenttranscarent.comin

Transcarent provides an AI-powered platform that integrates benefits navigation, clinical guidance, and virtual care delivery for health consumers.

AI & Machine LearningDigital HealthHealthtech

TravelPerk

Business travel management platform

Vayvay.ai
Vivinovivino.com

San Francisco, US

Jonathan Kaplan(Director)Heini Zachariassen(Executive Officer, Director, Promoter)Johan Brenner(Director)M. Christophe Navarre(Director)

Wordsmith AIwordsmith.ai
Zalandozalando.de

Zalando is an online fashion and lifestyle retailer selling clothing, shoes, and accessories to consumers.

ConsumerE-commerceMarketplacesBerlin, DE

Frequently asked questions

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.

Co-investors Β· 14

General Catalyst

General Catalyst is a venture capital and investment firm that backs founders across industries, with a strong focus on AI-driven transformation, fintech, healthcare, and other sectors.

$30M
True Ventures

True Ventures is an early-stage venture capital firm that writes the first check for founders and supports them through subsequent stages of growth.

Both backed Β· 1
Enveda
$500K – $3M
Atomico

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.

Both backed Β· 1
Perk
Work-Bench

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.

Both backed Β· 1
Spring Health
$2M – $4M
Giant Ventures Global Llp

Giant Ventures is a venture capital firm investing across sectors including AI, climate, health, energy and fintech, and also incubates some of its own companies. Its portfolio spans roughly 48+ companies across the US and Europe.

Both backed Β· 1
$2M
La Famiglia

La Famiglia is a European venture capital fund investing at seed and growth stages in technology companies that enable or disrupt large industries.

Both backed Β· 1
Vay
Playground Global

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.

Both backed Β· 1
Strand Therapeutics
$1M – $20M
Dimension Capital

Dimension is a multistage investment firm that partners with companies working at the intersection of science and compute.

Both backed Β· 1
Enveda
$1M – $10M
FPV

FPV Ventures is an early-stage investment firm that backs mission-driven founders.

Both backed Β· 1
Enveda
$100K – $5M
Geodesic Capital

Geodesic Capital is a venture firm that invests in multi-stage technology companies and helps them expand into Asian markets, starting with Japan, through strategic guidance and market access.

Both backed Β· 1
RRE Ventures

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.

$5M – $15M
DN Capital

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.

$100K – $22M
β–Ά2 more co-investors

Threshold VenturesWayra UK

Firms observed investing alongside Kinnevik, from public investor directories. Shared companies are the overlap with Kinnevik's recorded portfolio.

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