Skip to main contentSkip to navigationSkip to search

Europe’s leading listed growth investor

We create long-term value by providing patient capital and operational support to passionate founders who build sustainable, transformative and successful digital businesses that make peoples’ lives better

Our strategy

  • Invest in businesses that harness the power of technology to address vital everyday needs
  • Make the most of our permanent capital – being a bold, stage-agnostic, long-term partner and trusted advisor to talented entrepreneurs
  • Focus on themes underpinned by digital disruption as well as the biggest challenge of our generation, climate change
  • Invest in Europe and the US
  • Leverage our experience and expertise to support our companies in building long-term sustainable and successful businesses

Our business model

Investing in the best companies is fundamental, and how we contribute to the development of our companies after investment is equally impotant to long-term sustainable value creation.

Systematic Sourcing and Assessment of New Investments

Kinnevik has a well-defined process to source and assess potential new investments involving the Management Team, Investment Team and the Sustainability Function. Kinnevik’s Board of Directors is also involved in the investment process. 

In pipeline discussions, the team takes a broader view of our target sectors and maps the opportunities in each sector. A small selection of companies are brought to stage one of the Executive Investment Committee (the “EIC”) and evaluated based on Kinnevik’s investment criteria. Kinnevik’s investment team only brings companies that fit our investment ethos to pipeline discussion meetings and to the EIC.

The most promising opportunities move on to stage two of the EIC. A key evaluation aspect is the quality of the team and the passion, drive and values of the founders. During this stage we also conduct thorough due diligence on the companies across key functions including, among others, financial, legal, commercial and sustainability. 

In the sustainability due diligence, companies are evaluated based on their performance and structures in relation to economic, social and environmental aspects, and the key risks and opportunities are identified. We use the Kinnevik Standards as a basis for the due diligence. 

When a portfolio company is seeking additional funding, they are evaluated again in stage two of the EIC and a condition for follow-on investments is that the company has shown clear progress in accordance with their roadmap. Kinnevik’s Board of Directors oversees and conducts an annual evaluation of the EIC process. 


Building Long-Term Sustainable Businesses

Investing in the best companies is critical, but how we contribute to the development of our companies after investment is key to creating value. We develop a plan for each company depending on each business’ characteristics and needs. We can provide hands-on operational support as well as high-level strategic guidance. We also provide access to the Our Group Platform, a global network of companies, advisors and experts. 

We conduct bi-annual investment reviews with all our companies in which our investment team discusses the companies’ development across a number of parameters, including sustainability aspects. In addition, Kinnevik’s Sustainability Function conducts yearly assessments of all portfolio companies, including implementation of the roadmap, and sets targets and priorities for the coming year.

Dynamic Capital Re-Allocation

Kinnevik systematically re-allocates capital from companies where we believe our tenure as owner is over into new venture and growth companies. With a distribution of companies along the growth and maturity curve, we benefit from a unique system of companies spanning from venture and growth businesses that are not accessible on the public markets to more mature listed companies providing stability to the portfolio.