Kinnevik | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Kinnevik is a venture capital investment firm based in Stockholm, Sweden, founded in 1936. The company focuses on being a leading...


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Kinnevik is a venture capital investment firm based in Stockholm, Sweden, founded in 1936. The company focuses on being a leading growth investor in Europe, particularly in digital consumer businesses across sectors such as healthcare, software, marketplaces, and climate tech. Kinnevik aims to support challenger companies at various stages of their development, leveraging its nearly 100-year legacy of investing expertise to deliver significant returns while promoting sustainable business models and diverse teams.

Website
Headquarters
Stockholm, Stockholm
Size
11-50 employees
Industry
Venture Capital and Private Equity Principals
Specialities
Investments, TMT, Financial Services, Consumer Services, Healthcare Services

πŸ›οΈ Kinnevik Product and Pricing News β†’

πŸ‘” Kinnevik CEO, Management and Leadership Team β†’

βš”οΈ Kinnevik Alternatives and Competitors β†’

πŸ’Ό Kinnevik Hiring and Layoffs β†’

πŸ€– Kinnevik Developer, Integration and Automation News β†’

πŸ“ˆ Kinnevik Financials, Fundraising and Valuation News β†’

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πŸ›οΈ Kinnevik Product and Pricing News

  • Kinnevik will host a capital markets day on 19 September, 2024.
  • Kinnevik's Venture and Growth Investor Ala Alenazi discussed the future of quantum and AI at an event hosted by the Lord Mayor of the City of London, focusing on quantum modelling's potential to transform health.
  • Kinnevik is launching a quarterly newsletter called The Long View next week, featuring insights from portfolio companies like Mews, Spring Health, and Recursion.
  • Fredrik Gulowsen criticized Kinnevik and other investors for allegedly damaging Oda by having double roles and ousting the founding team.
  • Nicolai Tangen, CEO of the Norwegian oil fund and major shareholder in Kinnevik, questioned Kinnevik's CEO and chairman about the company's financial performance in a podcast.

  • Kinnevik is accepting applications for their CEO trainee program LUMA #40, offering final-year students and recent graduates a chance to work with CEO Georgi Ganev.

πŸ‘” Kinnevik CEO, Management and Leadership Team


βš”οΈ Kinnevik Alternatives and Competitors

Monitor your competitors, clients, accounts, partners etc. with RivalSense AI


πŸ’Ό Kinnevik Hiring and Layoffs

  • William Jaeckel has left Kinnevik as LUMA / CEO Trainee to join Boston Consulting Group (BCG) as Associate in the United Kingdom.
  • Christopher Perry has joined Kinnevik as Legal Counsel (Secondee) in England, previously serving as Director of Legal (Secondee) at MMC Ventures.
  • Philip Strandberg is leaving Kinnevik as an Investment Intern to join Aspira Partners as an Investment Analyst in Sweden.
  • Roshan Saldanha, who previously worked for Kinnevik Group, has been appointed as the new Chief Financial Officer at OX2.
  • Cecilia Qvist has replaced Maria Redin as a Board Director at Kinnevik.

  • Kinnevik has opened applications for next year’s CFO Trainee position.

πŸ€– Kinnevik Developer, Integration and Automation News

  • Kinnevik is a world-class investor backing TravelPerk, which partners with SilverRail to enable Amtrak rail for its customers.


πŸ“ˆ Kinnevik Financials, Fundraising and Valuation News

  • Kinnevik increased its stake in Spring Health from 12% to 15%.
  • Kinnevik invested more capital in Aira alongside co-investors Temasek and Altor, scaling Aira's annualized sales to EUR 100 million as of Q3 2024.
  • Kinnevik participated as an existing investor in HungryPanda's $55 million refinancing and fundraise.
  • Mews, a portfolio company of Kinnevik, has has secured another $100M in financing from Vista Credit Partners.
  • Kinnevik has invested in Job&Talent, which operates in 10 countries and has raised approximately 850 million USD.

  • Kinnevik AB Series A shares gained 6.5% on Tuesday.
  • Kinnevik has written off its 3% stake in VillageMD, previously valued at SEK1.1bn, due to uncertainty about the company's future.
  • Kinnevik completed its transformation to a growth-focused portfolio and divested Tele2, resulting in a strong financial position with a net cash of SEK 12.2bn, as reported by CEO Georgi Ganev.

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