Organization · Private Equity
Kinnevik
Kinnevik is a growth investor based in Sweden, focusing on technology-enabled businesses in Europe and the United States. They aim to create long-term value by partnering with innovative entrepreneurs across various sectors.
Overview
What Kinnevik does
What Kinnevik is
Kinnevik is a growth investor based in Sweden, focusing on technology-enabled businesses in Europe and the United States. They aim to create long-term value by partnering with innovative entrepreneurs across various sectors.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Private Equity
- Founded
- Founded in 1936
- Approximate age
- About 90 years
- Structured capabilities
- Funder
- Last reviewed
- March 4, 2026
Official channels
Find Kinnevik elsewhere
Open the official website or a supported primary organization account.
Capability profile
Kinnevik as a funder
Investment thesis
Kinnevik invests in companies across various sectors, emphasizing backing innovators that can improve patient experiences, enhance healthcare outcomes, and address climate change while pursuing significant commercial opportunities.
Focus narrative
Kinnevik invests in companies across various sectors, including healthcare, software, and climate tech. The organization supports businesses at all stages of growth, from early-stage to growth-phase.
Focus and fit
- Stages
- Pre-seed · Seed · Seed+ · Series A · Series B · Growth Equity
- Regions
- EuropeUnited States
Availability
- Currently deploying
- Not published
Portfolio and track record
- Recorded portfolio count
- 11
Portfolio context
Kinnevik's notable portfolio companies include: Spring Health: A global mental health platform (Healthcare, 2021, US). Perk: A business travel and spend management platform (Software, 2018, Spain). Mews: A hospitality technology platform (Software, 2022, Netherlands). Pleo: A pan-European spend management platform (Software, 2018, Denmark). Cityblock: A value-based healthcare provider for underserved urban populations (Healthcare, 2020, US). Oviva: A provider of AI-enabled chronic care (Healthcare, 2025, Berlin). Enveda: A biotech company focused on small molecule drug discovery (Healthcare, 2023, US). Aira: A clean energy-tech business for residential heating (Climate tech, 2023, UK). Recursion: A techbio company industrializing drug discovery (Healthcare, 2022, US). Solugen: A manufacturer of lower-carbon chemical solutions (Climate tech, 2022, US). Strand Therapeutics: A biotech company pioneering programmable mRNA therapies (Healthcare, 2025, US).
Common questions
What to know about Kinnevik
Upseed classifies Kinnevik under the Private Equity organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
March 4, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.