Kinnevik | Latest News & Updates - Oct 24, 2024 Release

Kinnevik has removed 'marketplaces' from its investment focus areas...


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Kinnevik

🌎 kinnevik.com

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.


Kinnevik - Latest News and Updates

  • Kinnevik has removed 'marketplaces' from its investment focus areas.
  • Kinnevik wrote down the value of another holding to zero in Q3, leaving only 17 billion kronor from portfolio companies once valued at nearly 300 billion kronor.
  • Kinnevik reduced the value of one of its investments to zero in Q3, with its portfolio now valued at 17 billion SEK, down from nearly 300 billion SEK at its peak, and will hold a Capital Markets Day on October 23.

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