Kinnevik

Kinnevik is an investment company based in Sweden, founded in 1936, that focuses on building digital consumer businesses. It aims to create, invest in, and lead fast-growing enterprises in both developed and emerging markets by partnering with skilled founders and management teams. Kinnevik's investment strategy encompasses various sectors, including healthcare, software, marketplaces, and climate technology, primarily across the United States and Europe. The company emphasizes delivering shareholder and social value through well-governed businesses that contribute positively to society.

Anna Adlarson

Venture and Growth Investor

Ala Alenazi

Venture and Growth Investor

Ala Alenazi

Investment Manager

Elin Ashrafi

Venture and Growth Investor

Jose Gaytan de Ayala

Venture and Growth Investor

Andreas Bernstrom

Senior Investment Director

Akhil Chainwala

Investment Director

Georgi Ganev

CEO

Tim He

Venture Investor

Fredrik Holmgren

Investor

Magnus Jakobson

Corporate Finance Director

Mathew Joseph

Sustainability Director

Torun Litzén

Director Corporate Communications

Maria- Helen Maras

Investor

Maria-Helen Maras

Venture and Growth Investor

Samuel Marsden

Venture and Growth Investor

Charles Martin

Venture and Growth Investor

Ola Nordbye

Investment Director

Anton Norrman

Venture and Growth Investor

Lucinda Palmer

Venture and Growth Investor

Maxine Rior

Investment associate

Christian Scherrer

Investment Manager

Tatiana Shalalvand

Investment Director

Anfisa Tukhvatullina

Investor

Natalie Tydeman

Senior Investment Director

Cecilia Zhao

Venture and Growth Investor

Past deals in Sweden

Lunar

Series D in 2023
Lunar A/S is a digital challenger bank based in Aarhus, Denmark, that offers mobile banking solutions through its online application. Founded in 2015, the company provides a range of financial services designed for personal finance management, including digital banking, payment transfers, loans, and investment options. Its product offerings encompass features like tracking expenses, interactive budgets, travel insurance, and a customizable metal card. Lunar also operates a subscription-based service called Lunar Premium, which provides additional banking features. The company has expanded its services to Norway and Sweden and aims to establish full personal and business banking operations while pursuing profitability in key markets. With a workforce of over 180 employees, Lunar has raised significant funding to support its growth and innovation in digital banking for the millennial generation.

Budbee

Venture Round in 2022
Budbee AB, founded in 2015 and based in Stockholm, Sweden, operates an online marketplace that connects companies needing to deliver items to consumers with various distribution companies. The company focuses on enhancing the last-mile delivery experience, aiming to make customers feel relaxed, informed, and in control from the moment they place an order until the goods are received. Budbee provides home delivery services tailored for e-commerce businesses, offering features such as detailed tracking information and instant communication options. This approach helps streamline the delivery process and improves the overall shopping experience for consumers.

Lunar

Series D in 2022
Lunar A/S is a digital challenger bank based in Aarhus, Denmark, that offers mobile banking solutions through its online application. Founded in 2015, the company provides a range of financial services designed for personal finance management, including digital banking, payment transfers, loans, and investment options. Its product offerings encompass features like tracking expenses, interactive budgets, travel insurance, and a customizable metal card. Lunar also operates a subscription-based service called Lunar Premium, which provides additional banking features. The company has expanded its services to Norway and Sweden and aims to establish full personal and business banking operations while pursuing profitability in key markets. With a workforce of over 180 employees, Lunar has raised significant funding to support its growth and innovation in digital banking for the millennial generation.

Job&talent

Series E in 2021
Job&Talent operates as an on-demand staffing marketplace designed to enhance the flexibility and transparency of the labor market. The platform addresses the growing demand from companies for adaptable hiring solutions while simultaneously working to reduce global unemployment. As the labor market shifts towards greater flexibility, workers often find themselves in precarious employment situations. Job&Talent offers a Workforce as a Service (WaaS) model that aims to create a mutually beneficial environment for both employers and employees. The company has established a presence in several countries, including the UK, Spain, Germany, Sweden, Mexico, and Colombia, with plans for expansion into France and Italy.

Lunar

Series D in 2021
Lunar A/S is a digital challenger bank based in Aarhus, Denmark, that offers mobile banking solutions through its online application. Founded in 2015, the company provides a range of financial services designed for personal finance management, including digital banking, payment transfers, loans, and investment options. Its product offerings encompass features like tracking expenses, interactive budgets, travel insurance, and a customizable metal card. Lunar also operates a subscription-based service called Lunar Premium, which provides additional banking features. The company has expanded its services to Norway and Sweden and aims to establish full personal and business banking operations while pursuing profitability in key markets. With a workforce of over 180 employees, Lunar has raised significant funding to support its growth and innovation in digital banking for the millennial generation.

Mathem

Venture Round in 2021
MatHem i Sverige AB offers online retail of food and household products. It provides organic goods; grocery; prescription; health, party and feast, business and association, health, recipes from food bags, collaborations, weekday and weekend inspired food; wine; dairy products; bakery; meat and chark; drinks; pantry; fish; finished food and snacks; glass candy and snacks; baby food and accessories; pharmacy, hygiene and health; spices and flavorers; animal food and accessories; and kiosk and newspapers. The company is based in Stockholm, Sweden.

Mathem

Venture Round in 2021
MatHem i Sverige AB offers online retail of food and household products. It provides organic goods; grocery; prescription; health, party and feast, business and association, health, recipes from food bags, collaborations, weekday and weekend inspired food; wine; dairy products; bakery; meat and chark; drinks; pantry; fish; finished food and snacks; glass candy and snacks; baby food and accessories; pharmacy, hygiene and health; spices and flavorers; animal food and accessories; and kiosk and newspapers. The company is based in Stockholm, Sweden.

Budbee

Series C in 2021
Budbee AB, founded in 2015 and based in Stockholm, Sweden, operates an online marketplace that connects companies needing to deliver items to consumers with various distribution companies. The company focuses on enhancing the last-mile delivery experience, aiming to make customers feel relaxed, informed, and in control from the moment they place an order until the goods are received. Budbee provides home delivery services tailored for e-commerce businesses, offering features such as detailed tracking information and instant communication options. This approach helps streamline the delivery process and improves the overall shopping experience for consumers.

Joint Academy

Series B in 2020
Joint Academy operates a digital health platform focused on providing evidence-based treatment for osteoarthritis and other musculoskeletal conditions. By utilizing software-as-medicine, the company transforms traditional approaches to diagnosis and treatment through scientifically backed methods and machine-learning technologies. The platform integrates physical activity, educational resources, and access to healthcare professionals, allowing physical therapists to effectively manage symptoms and improve patient outcomes without relying solely on medication or surgical interventions. This innovative approach aims to enhance the quality of care for individuals suffering from chronic joint pain.

Budbee

Series B in 2020
Budbee AB, founded in 2015 and based in Stockholm, Sweden, operates an online marketplace that connects companies needing to deliver items to consumers with various distribution companies. The company focuses on enhancing the last-mile delivery experience, aiming to make customers feel relaxed, informed, and in control from the moment they place an order until the goods are received. Budbee provides home delivery services tailored for e-commerce businesses, offering features such as detailed tracking information and instant communication options. This approach helps streamline the delivery process and improves the overall shopping experience for consumers.

Mathem

Venture Round in 2020
MatHem i Sverige AB offers online retail of food and household products. It provides organic goods; grocery; prescription; health, party and feast, business and association, health, recipes from food bags, collaborations, weekday and weekend inspired food; wine; dairy products; bakery; meat and chark; drinks; pantry; fish; finished food and snacks; glass candy and snacks; baby food and accessories; pharmacy, hygiene and health; spices and flavorers; animal food and accessories; and kiosk and newspapers. The company is based in Stockholm, Sweden.

Budbee

Series A in 2019
Budbee AB, founded in 2015 and based in Stockholm, Sweden, operates an online marketplace that connects companies needing to deliver items to consumers with various distribution companies. The company focuses on enhancing the last-mile delivery experience, aiming to make customers feel relaxed, informed, and in control from the moment they place an order until the goods are received. Budbee provides home delivery services tailored for e-commerce businesses, offering features such as detailed tracking information and instant communication options. This approach helps streamline the delivery process and improves the overall shopping experience for consumers.

MoveByBike

Venture Round in 2019
MOVEBYBiKE is a Swedish cargo bike delivery company. They transport and move by bicycle and tow up to 300kg / 3m³ per load. MOVEBYBiKE offers environmentally friendly, cheap and city-smart transport by bicycle and carriage in Malmö, Stockholm, Lund, Umeå, Uppsala and Gothenburg.

Mathem

Venture Round in 2019
MatHem i Sverige AB offers online retail of food and household products. It provides organic goods; grocery; prescription; health, party and feast, business and association, health, recipes from food bags, collaborations, weekday and weekend inspired food; wine; dairy products; bakery; meat and chark; drinks; pantry; fish; finished food and snacks; glass candy and snacks; baby food and accessories; pharmacy, hygiene and health; spices and flavorers; animal food and accessories; and kiosk and newspapers. The company is based in Stockholm, Sweden.

Karma

Series A in 2018
Karma is a Swedish company founded in September 2015 by Elsa Bernadotte, Mattis Larsson, Hjalmar Nordegren, Ludvig Berling, and Steven van Wel. The company has developed an application aimed at reducing food waste by allowing restaurants, grocers, and cafés to sell their surplus food to consumers at discounted prices. This platform serves as a sales channel, enabling merchants to offer takeaway food items to registered users. By facilitating access to affordable food deals, Karma promotes smart shopping while also addressing the issue of food waste in the hospitality and retail sectors. The company's headquarters is located in Stockholm, Sweden.

Budbee

Series A in 2018
Budbee AB, founded in 2015 and based in Stockholm, Sweden, operates an online marketplace that connects companies needing to deliver items to consumers with various distribution companies. The company focuses on enhancing the last-mile delivery experience, aiming to make customers feel relaxed, informed, and in control from the moment they place an order until the goods are received. Budbee provides home delivery services tailored for e-commerce businesses, offering features such as detailed tracking information and instant communication options. This approach helps streamline the delivery process and improves the overall shopping experience for consumers.

Com Hem

Post in 2017
Com Hem is the largest cable company in Sweden. Com Hem offers affordable, high quality, comprehensive services for television, broadband and telephone service to individuals and businesses. Since October 2013 delivers Com Hem TV service TiVo is the only player on the Swedish market, including TiVoToGo ™ app that allows Com Hem's customers can watch TV wherever they want through their eReader and phones. Com Home was founded in 1983, has approximately 950 employees, headquartered in Stockholm and controlled by BC Partners.

Saltside

Series C in 2015
Saltside Technologies AB is an online marketplace founded in 2011 and headquartered in Gothenburg, Sweden, with additional offices in various countries including Ghana, Nigeria, India, the United Arab Emirates, Bangladesh, and Sri Lanka. The company focuses on facilitating transactions in emerging markets, allowing users to buy and sell a range of products such as cars, mobile phones, land, and livestock. Saltside aims to create a safe and efficient platform that enhances access to market opportunities, thereby improving the lives of its users.

Saltside

Series A in 2014
Saltside Technologies AB is an online marketplace founded in 2011 and headquartered in Gothenburg, Sweden, with additional offices in various countries including Ghana, Nigeria, India, the United Arab Emirates, Bangladesh, and Sri Lanka. The company focuses on facilitating transactions in emerging markets, allowing users to buy and sell a range of products such as cars, mobile phones, land, and livestock. Saltside aims to create a safe and efficient platform that enhances access to market opportunities, thereby improving the lives of its users.

Zalando

Secondary Market in 2012
Zalando, founded in Berlin in 2008, is Europe's largest online fashion platform, offering a vast selection of clothing, footwear, accessories, and beauty products for men, women, and children. With nearly 50 million active customers across 25 European countries, Zalando features over 7,000 brands, ranging from renowned international names to local labels. The company's major market is the DACH region, which includes Germany, Austria, and Switzerland. Zalando operates 12 fulfillment centers to ensure efficient logistics and distribution, catering to local customer needs. The platform aims to provide an exceptional online shopping experience by continually optimizing its offerings and leveraging e-commerce expertise.

Activate

Series A in 2012
ACTIVATE Holdings LLC is a New York-based content creator and influencer marketing platform operating in the fashion and lifestyle sectors since its founding in 2007. The platform aggregates and curates blog content from across the internet, allowing users to connect with their preferred influencers and discover tailored content through personalized recommendations. ACTIVATE supports influencer discovery, program workflow, measurement, and analytics for cross-platform collaborations, engaging over 150,000 vetted influencers across various social media channels, including Instagram, YouTube, and Facebook. Additionally, the platform enables collaborations with specific communities of creators, such as vegan food enthusiasts and outdoor lovers, by utilizing geo-targeting and micro-survey tools to identify niche influencer groups. As of August 2020, ACTIVATE operates as a subsidiary of Impact Tech, Inc.

Zalando

Series A in 2010
Zalando, founded in Berlin in 2008, is Europe's largest online fashion platform, offering a vast selection of clothing, footwear, accessories, and beauty products for men, women, and children. With nearly 50 million active customers across 25 European countries, Zalando features over 7,000 brands, ranging from renowned international names to local labels. The company's major market is the DACH region, which includes Germany, Austria, and Switzerland. Zalando operates 12 fulfillment centers to ensure efficient logistics and distribution, catering to local customer needs. The platform aims to provide an exceptional online shopping experience by continually optimizing its offerings and leveraging e-commerce expertise.
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