What we invest in
The challengers we back have one thing in common. They’re innovative entrepreneurs who leverage technology to change the way we work, live and play. We partner from early-stage to growth-phase, and focus our investments on healthcare, software, and climate tech. With a select portfolio of 20+ larger companies, we provide dedicated support grounded in our nearly 100-year legacy of investing expertise and entrepreneurial spirit.
Our companies
All companies
| Description | |||||
|---|---|---|---|---|---|
Spring Health | A global mental health platform | Health & Bio | 2021 | US | |
Perk | Fastest-growing business travel and spend management platform | Software | 2018 | Spain | |
Mews | Leading hospitality technology platform | Software | 2022 | Netherlands | |
Pleo | The leading pan-European spend management platform | Software | 2018 | Denmark | |
Cityblock | Value-based healthcare provider for underserved urban populations, with a focus on Medicaid and Medicaid/Medicare dually eligible members | Health & Bio | 2020 | US | |
Oviva | Europe's leading provider of AI-enabled chronic care | Health & Bio | 2025 | Berlin | |
Enveda | Clinical-stage biotech company pioneering small molecule drug discovery inspired from life’s chemistry | Health & Bio | 2023 | US | |
Aira | Clean energy-tech business accelerating the electrification of residential heating | Prior Strategies | 2023 | UK | |
Recursion | Clinical-stage techbio company decoding biology to industrialize drug discovery and design novel therapeutics, delivering on average 3x the speed to clinical at half the cost of traditional pharma | Health & Bio | 2022 | US | |
Solugen | Manufacturer of chemical solutions that are safer, more cost-effective, and have a lower-carbon footprint | Prior Strategies | 2022 | US | |
Tandem Health | The leading medical AI co-pilot in Europe | Emerging Companies | 2025 | Stockholm | |
Strand Therapeutics | A clinical-stage biotechnology company pioneering programmable mRNA therapies to transform the treatment of cancer and other serious diseases | Health & Bio | 2025 | US | |
Agreena | Tech-enabled platform unlocking the value of regenerative agriculture through Europe’s leading soil carbon program | Prior Strategies | 2022 | Denmark | |
Stegra | Producer of green steel aiming to reduce carbon emissions by up to 95% | Prior Strategies | 2022 | Sweden | |
Transcarent | Making it easy for people to access high-quality, affordable health and care | Health & Bio | 2022 | US | |
Pelago | The world's leading virtual clinic for substance use management, helping members cut back, stop, or otherwise manage their substance use to a healthy state | Health & Bio | 2021 | US | |
Instabee | Customer centric last-mile logistics platform specialised for e-commerce businesses | Prior Strategies | 2018 | Sweden | |
Oda / Mathem | Leading online grocer in the Nordics with over 4 million deliveries per year | Prior Strategies | 2018 | Norway | |
HungryPanda | The world's largest overseas Chinese food delivery company | Prior Strategies | 2020 | UK | |
Job&Talent | World-leading marketplace for essential work, matching great people with great companies | Prior Strategies | 2021 | Spain | |
Omio | Travel platform bringing together more than 1,000 transportation providers across multiple modes of transports across Europe | Prior Strategies | 2018 | Germany | |
Vivino | The world’s largest online wine marketplace and most downloaded wine app | Prior Strategies | 2021 | US | |
Cedar | Provides a smarter way for hospitals, health systems and medical groups to manage the patient payment ecosystem | Software | 2018 | US | |
Omnipresent | Provides an end-to-end service to support and guide businesses hiring talent globally | Prior Strategies | 2022 | UK | |
Betterment | US based money manager offering investing and retirement solutions | Prior Strategies | 2016 | US | |
Vay | A teledriving company that aims to launch a unique, affordable, and sustainable door-to-door mobility service | Prior Strategies | 2021 | Germany | |
Charm Industrial | Removes CO₂ permanently from the atmosphere by converting biomass into a stable, carbon-rich liquid and pumping it underground | Prior Strategies | 2023 | US | |
Nick's | Swedish-born, global food-tech innovator of healthy and indulgent snacks and ice cream | Prior Strategies | 2021 | US | |
SafetyWing | A unique global travel and health insurance plan to help firms set themselves apart by offering better benefits to remote workforces | Prior Strategies | 2022 | US | |
Superb | The first all-in-one "Guest Experience Management" platform for restaurants | Prior Strategies | 2021 | Denmark | |
Anterior | Clinical AI platform that automate and accelerate complex clinical and administrative workflows | Emerging Companies | 2025 | US | |
Global Fashion Group | International online fashion and lifestyle retailer | Prior Strategies | 2010 | Singapore | |
Wordsmith AI | Transforming in-house legal teams by bringing AI intelligence across their organisations. | Emerging Companies | 2025 | UK | |
Breathe Battery Technologies | Enhancing battery performance for an electrified future | Prior Strategies | 2025 | UK | |
Nory | AI-native restaurant management system | Emerging Companies | 2025 | Dublin | |
Encube | Reimagining industrial manufacturing by providing a collaborative, AI-powered, cloud-native platform for engineering teams | Emerging Companies | 2025 | Stockholm | |
Kernel | RevOps system enabling automated cleaning, mapping, enrichment and account sourcing for GTM teams at large enterprise companies | Emerging Companies | 2025 | UK |








