Sweden · Investor

Kinnevik

Last cheque observed Sep 2026; 54 cheques on record.

Email

Deploying nowVC firm

SeedSeries ASeries BB2CConsumerB-to-c

Deploying now
50%of best year3cheques in 12 months, 54 on record
Since the last cheque47days00hrs00min00sec
Median round$99MRounds led5 of 54Sole investor6 roundsExits4 from the portfolioMostly inSweden, 18%
Pitch Kinnevik

Kinnevik highlights

  1. 01

    3 cheques in the last 12 months

  2. 02

    Mostly Growth and Series B: 55% of its rounds

  3. 03

    Sole investor in 6 rounds, median $21M

  4. 04

    4 exits from the portfolio

What they do

We are a leading growth investor, active owner and operational partner, providing patient capital to challenger technology-enabled businesses in Europe and the US.From their own website
Type
VC firm (from a list, unverified)
Cheque size
Up to $50M as they say
Stages
SeedSeries ASeries BGrowthPre-IPO
Sectors
B2CConsumerB-to-c
Based in
Stockholm, Sweden
Cold pitches
Not accepted

The record

Every round we can evidence, newest first54 appearances

  1. 2026

    3 rounds

  2. Sept
    Tandem HealthSeries B · SE · ArcticStartup$100MWith 5 others
  3. Mar
    AnteriorSeries B · US · AlleyWatch$40MWith 4 others
  4. Jan
    OvivaSeries D · CH · Firms' own news pages$234MLed
  5. 2025

    5 rounds

  6. Aug
    AiraGrowth · SE · Silicon Canals$174MWith 6 others
  7. May
    Breathe Battery TechnologiesSeries B · GB · TechCrunch$21MLed
  8. Apr
    JobandtalentGrowth · ES · TechCrunch$103MWith 6 others
  9. Mar
    MewsGrowth · NL · TechCrunch$75MWith 3 others
  10. Jan
    TravelPerkSeries E · ES · Silicon Canals$200MWith 8 others
  11. 2024

    1 round

  12. Sept
    NorySeries B · GB · Firms' own news pages$37MLed
  13. 2019

    5 rounds

  14. Sept
    VillageMDSeries B · US · FinSMEs$100MLed
  15. Aug
    Babylon HealthSeries C · GB · TechCrunch$550MWith 3 others
  16. May
    PleoSeries B · DK · Tech.eu$56MWith 3 others
  17. Apr
    BudbeeSE · FinSMEs$5.4MWith 1 other
  18. Feb
    MatHemSE · FinSMEs$97MSole investor
  19. 2018

    3 rounds

  20. Oct
    GoEuroDE · FinSMEs$150MWith 1 other
  21. Oct
    TravelPerkSeries C · ES · TechCrunch$44MWith 2 others
  22. Aug
    Kolonial.noNO · Tech.eu$36MSole investor
  23. 2015

    5 rounds

  24. Jul
    Global Fashion GroupVenture · LU$167MWith 2 others
  25. Apr
    QuikrSeries H · IN$150MWith 2 others
  26. Mar
    NextCommerceVenture · AUUndisclosedWith 2 others
  27. Feb
    DealDey LimitedSeries B · NG$5.0MSole investor
  28. Jan
    Saltside TechnologiesSeries C · SE$40MWith 2 others
  29. 2014

    10 rounds

  30. Nov
    Lazada GroupSeries F · MY$250MWith 3 others
  31. Oct
    Konga Online Shopping LimitedSeries C · NG$40MWith 1 other
  32. Sept
    QuikrSeries G · IN$60MWith 7 others
  33. Jun
    Saltside TechnologiesGrowth · SE$25MSole investor
  34. Jun
    Yell.ruVenture · RU$11MWith 1 other
  35. Apr
    BIMASeries B · SE$22MWith 2 others
  36. Mar
    QuikrSeries F · IN$90MWith 6 others
  37. Feb
    Avito.ruGrowth · RU$17MSole investor
  38. Feb
    FoodpandaSeries C · DE$20MWith 1 other
  39. Jan
    Konga Online Shopping LimitedSeries B · NG$25MWith 1 other
  40. 2013

    11 rounds

  41. Dec
    iROKO PartnersSeries D · GB$8.0MWith 2 others
  42. Dec
    Lazada GroupSeries E · MY · techcrunch.com$250MWith 3 others
  43. Nov
    LinioGrowth · MX · techcrunch.com$50MWith 5 others
  44. Jul
    THE ICONICVenture · AU · techcrunch.com$26MWith 2 others
  45. Jun
    Lazada Viet NamGrowth · VN$100MWith 2 others
  46. Jun
    Lazada GroupSeries D · MY · techcrunch.com$100MWith 5 others
  47. May
    ZALORA GroupSeries C · MY · techcrunch.com$100MWith 3 others
  48. Apr
    MoblyGrowth · BR · techcrunch.com$20MWith 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

We hold 24 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

1+funds on filenumbered funds in its name

Exits from the portfolio

Companies it backed that were later bought or listed4 in all

Avito.ruBought by Naspers$1.2BOct 2015
Sapato.ruBought by KupiVIPUndisclosedApr 2015
Sapato.ruBought by OZON.ruUndisclosedFeb 2012
GLOSSYBOXBought by Lust have it!UndisclosedJan 2012

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as Kinnevik. A count of rooms they were both in, not a relationship either has claimed.

Rocket InternetInvestment firm10rounds togetherSummit PartnersPrivate equity6rounds togetherVerlinvestFamily office5rounds togetherTemasek HoldingsVC firm4rounds togetherTengelmann VenturesVC firm4rounds togetherTiger Global ManagementVC firm4rounds togetherAccess IndustriesCorporate VC3rounds togetherHV Holtzbrinck VenturesPrivate equity3rounds togetherHoltzbrinck VenturesVC firm3rounds togetherNaspersVC firm3rounds togetherAccelVC firm2rounds togetherAtomicoVC firm2rounds together

Recently backed

The latest companies Kinnevik put money into.

Tandem Health$100M · Sept 2026Anterior$40M · Mar 2026Breathe Battery Technologies$21M · May 2025Mews$75M · Mar 2025TravelPerk$200M · Jan 2025Nory$37M · Sept 2024

Quick answers about Kinnevik

What does Kinnevik invest in?

Kinnevik invests most often at Growth and Series B (55% of the rounds on record), in sectors such as B2C, Consumer and B-to-c.

How active is Kinnevik?

54 investments on record, 3 of them in the last 12 months, and it led 5. The most recent was in Sept 2026.

What has Kinnevik invested in recently?

Its most recent investments on record: Tandem Health (Series B, Sept 2026), Anterior (Series B, Mar 2026) and Oviva (Series D, Jan 2026).

How big are Kinnevik's cheques?

The median round it joins is $99M.

Does Kinnevik lead rounds?

Sometimes: it led 5 of its 54 investments on record (9%).

Where does Kinnevik invest?

Most of the companies it backs are in Sweden (18%), the United Kingdom (10%) and Malaysia (10%).

Is Kinnevik investing now?

Yes: it is actively investing, with 3 investments in the last 12 months.

Who does Kinnevik invest alongside?

Most often Rocket Internet (10 rounds together), Summit Partners (6 rounds together) and Verlinvest (5 rounds together).

Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it