Kinnevik has made strategic investments totaling SEK 1,015 million in several high-growth tech and biotech companies, showcasing its strong performance and confidence in future market trends.

Information on the Target

Kinnevik, led by CEO Georgi Ganev, has demonstrated a strong performance in 2025, with core companies reporting an average revenue growth of 35 percent and an improvement in EBITDA margins by 2 percentage points year-over-year. The positive trends observed in lead indicators suggest a robust outlook for 2026, indicating the strength of Kinnevik's investment strategy.

In this quarter, Kinnevik invested a total of EUR 15 million in Mews, capitalizing on its successful go-to-market strategy and product development milestones, which have resulted in the company exceeding EUR 330 million in run-rate revenues. Additionally, Kinnevik's strategic participation in various funding rounds showcases its commitment to nurturing innovative companies poised for growth.

Industry Overview in the Target’s Specific Country

The investment landscape in Sweden, where Kinnevik is based, is characterized by a burgeoning tech sector. Companies in various fields including AI, biotechnology, and software development are experiencing significant

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Kinnevik

invested in

Nory

in 2025

in a Other VC deal

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