KI
Kinnevik
Venture capital firm · Founded 1936 · Active in 2026
Kinnevik is a venture capital firm based in Sweden, founded in 1936. The page below shows 35 Power Law outcomes from Kinnevik's portfolio — 29 unicorns ($1B+ valuation) and 3 additional thoroughbreds (companies that crossed $100M+ in revenue without yet reaching $1B+ valuation).
Outcomes are concentrated in eCommerce & Marketplaces · Health Tech & Medtech · Fintech; top portfolio geographies are USA · Germany · Sweden. Kinnevik ranks #311 in Global in the 2026 Dealroom Power Law Investor Ranking by cross-stage outcomes.
Kinnevik’s biggest exits.
Kinnevik portfolio companies worth $1B+ that have IPO’d or been acquired. Each shows its valuation at exit and, in grey, its current value if still public.
Kinnevik’s selected top holdings.
An estimate of Kinnevik’s largest live positions — disclosed shareholding × Dealroom’s latest valuation — across 14 companies where Kinnevik is a named shareholder, worth about $3.0B in estimated equity value.
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1
Cityblock Health
9%
$5.7B
$513M
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2
Perk
15%
$2.7B
$405M
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3
Pleo
14%
$2.3B
$322M
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4
Cedar
10%
$3.2B
$320M
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5
Mews
10%
$2.5B
$250M
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6
Spring Health
7%
$3.3B
$231M
- 7 16% $1.3B $208M
- 8 8.5% $2.4B $206M
- 9 13% $1.0B $130M
- 10 3% $4.1B $124M
- 11 5% $2.0B $100M
- 12 6.5% $1.5B $96M
Showing the 12 largest of 14 disclosed direct holdings.
6 companies hidden on this public profile. Estimated value = Kinnevik’s disclosed ownership % × Dealroom’s latest company valuation; direct named stakes only, exited positions excluded. Figures are indicative, not reported marks. See the underlying cap tables on Dealroom →
The 35 Kinnevik Power Law outcomes ($100M+ revenue or $1B+ valuation).
Snapshot of where the outcomes are concentrated by country, sector, and stage entered.
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USA11
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Germany7
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Sweden4
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Spain2
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Denmark2
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Singapore2
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UK2
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Switzerland1
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Norway1
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Netherlands1
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Russia1
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Luxembourg1
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eCommerce & Marketplaces10
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Health Tech & Medtech9
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Fintech5
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Marketing4
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Biotech & Life Sciences2
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Other2
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Energy1
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Other B2B Software1
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Transportation1
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Series B+29
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Series A4
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Seed1
Kinnevik's 35 Power Law outcomes.
How does Kinnevik stack up?
Kinnevik in orange, your selection in blue and other colours. Pick from the global roster of 35 peer investors — scope by startup location or hit "Find similar shapes" to auto-pick the three closest. The funnel matrix mirrors the spider chart on the ranking page; the line chart shows each firm's share of unicorns minted in the selected startup location — peaks reveal vintage years.
Share of new unicorns per year
% of global unicorns minted that year, year by year · hover the chart to see which unicornsStage focus
Companies by entry stage and outcome tierSector focus
Companies per investor across the 10 highest-volume sectorsWhere Kinnevik's portfolio founders come from — and where they studied.
153 founders across the 35 Power Law outcomes — split by country of origin, university attended, and the company they worked at before founding. WHU Otto Beisheim School of Management and Rocket Internet are the deepest single pipelines.
Key people at Kinnevik.
Market sentiment
What the market is saying about Kinnevik
An AI-synthesized read of the highest-engagement posts about Kinnevik on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
In the news
Latest news about Kinnevik
Recent press, funding announcements, and portfolio moves mentioning Kinnevik — pulled live from Dealroom's news feed.
Want the full picture on Kinnevik?
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