Kinnevik

Founded in 1936, Kinnevik is an investment company focused on building digital consumer businesses globally. It partners with talented founders to create and invest in fast-growing companies, aiming to deliver both shareholder value and positive social impact.

Samuel Sjöström

CFO

Anna Adlarson

Investor

Ala Alenazi Ph.D

Investment Manager

Andreas Bernstrom

Investor

Akhil Chainwala

Senior Investment Director

Fredrik Holmgren

Investor

Magnus Jakobson

Investor

Mathew Joseph

Operating Partner

Torun Litzén

Director of Corporate Communication

Maria- Helen Maras

Investor

Samuel Marsden

Investor

Ola Nordbye

Investor

Anton Norrman

Investor

Christian Scherrer

Investor

Jessica Pedroni Thorell

Investment Director

Anfisa Tukhvatullina

Investor

Natalie Tydeman

Investor

Past deals in Sweden

Mathem

Venture Round in 2023
MatHem is an e-commerce company based in Stockholm, Sweden, specializing in the online delivery of groceries and household consumables. Founded in 2009, it serves over half of Swedish households by providing a comprehensive online grocery store that includes a wide variety of products, ready-made grocery bags, and recipe suggestions. MatHem operates a user-friendly platform that streamlines grocery shopping and enhances the cooking experience through subscription plans and helpful tips. Deliveries are made seven days a week using temperature-controlled vehicles to maintain product freshness. The company's commitment to quality has earned it recognition, including awards for being the Grocery Website of the Year by a Swedish online magazine.

Budbee

Venture Round in 2022
Budbee is a Swedish delivery service that operates an online marketplace for last-mile logistics, connecting e-commerce merchants with a network of third-party delivery providers rather than owning a proprietary fleet. Founded in 2015 and based in Stockholm, the company focuses on home delivery and efficient last-mile solutions for online retailers. Its service set includes detailed tracking and instant messaging to improve transparency and customer communication, aiming to deliver a seamless shopping experience and reduce wait times for consumers.

Mathem

Venture Round in 2021
MatHem is an e-commerce company based in Stockholm, Sweden, specializing in the online delivery of groceries and household consumables. Founded in 2009, it serves over half of Swedish households by providing a comprehensive online grocery store that includes a wide variety of products, ready-made grocery bags, and recipe suggestions. MatHem operates a user-friendly platform that streamlines grocery shopping and enhances the cooking experience through subscription plans and helpful tips. Deliveries are made seven days a week using temperature-controlled vehicles to maintain product freshness. The company's commitment to quality has earned it recognition, including awards for being the Grocery Website of the Year by a Swedish online magazine.

Mathem

Venture Round in 2021
MatHem is an e-commerce company based in Stockholm, Sweden, specializing in the online delivery of groceries and household consumables. Founded in 2009, it serves over half of Swedish households by providing a comprehensive online grocery store that includes a wide variety of products, ready-made grocery bags, and recipe suggestions. MatHem operates a user-friendly platform that streamlines grocery shopping and enhances the cooking experience through subscription plans and helpful tips. Deliveries are made seven days a week using temperature-controlled vehicles to maintain product freshness. The company's commitment to quality has earned it recognition, including awards for being the Grocery Website of the Year by a Swedish online magazine.

Budbee

Series C in 2021
Budbee is a Swedish delivery service that operates an online marketplace for last-mile logistics, connecting e-commerce merchants with a network of third-party delivery providers rather than owning a proprietary fleet. Founded in 2015 and based in Stockholm, the company focuses on home delivery and efficient last-mile solutions for online retailers. Its service set includes detailed tracking and instant messaging to improve transparency and customer communication, aiming to deliver a seamless shopping experience and reduce wait times for consumers.

Joint Academy

Series B in 2020
Joint Academy is a digital health platform that connects patients with licensed physical therapists to deliver evidence‑based online treatment for chronic joint and back pain, including osteoarthritis. The app offers individualized exercise plans, interactive education, and progress tracking, enabling therapists to manage symptoms and reduce reliance on medication. Clinical studies show patients experience pain reduction, reconsideration of surgery, and decreased painkiller use. The service is available in Sweden, the US, the UK, France, and Germany.

Budbee

Series B in 2020
Budbee is a Swedish delivery service that operates an online marketplace for last-mile logistics, connecting e-commerce merchants with a network of third-party delivery providers rather than owning a proprietary fleet. Founded in 2015 and based in Stockholm, the company focuses on home delivery and efficient last-mile solutions for online retailers. Its service set includes detailed tracking and instant messaging to improve transparency and customer communication, aiming to deliver a seamless shopping experience and reduce wait times for consumers.

Mathem

Venture Round in 2020
MatHem is an e-commerce company based in Stockholm, Sweden, specializing in the online delivery of groceries and household consumables. Founded in 2009, it serves over half of Swedish households by providing a comprehensive online grocery store that includes a wide variety of products, ready-made grocery bags, and recipe suggestions. MatHem operates a user-friendly platform that streamlines grocery shopping and enhances the cooking experience through subscription plans and helpful tips. Deliveries are made seven days a week using temperature-controlled vehicles to maintain product freshness. The company's commitment to quality has earned it recognition, including awards for being the Grocery Website of the Year by a Swedish online magazine.

Budbee

Series A in 2019
Budbee is a Swedish delivery service that operates an online marketplace for last-mile logistics, connecting e-commerce merchants with a network of third-party delivery providers rather than owning a proprietary fleet. Founded in 2015 and based in Stockholm, the company focuses on home delivery and efficient last-mile solutions for online retailers. Its service set includes detailed tracking and instant messaging to improve transparency and customer communication, aiming to deliver a seamless shopping experience and reduce wait times for consumers.

MoveByBike Europe

Venture Round in 2019
MoveByBike is a Swedish cargo bike delivery company specializing in environmentally friendly transport solutions. The company operates in several cities, including Malmö, Stockholm, Lund, Umeå, Uppsala, and Gothenburg, providing a sustainable alternative for logistics and delivery services. MoveByBike can handle loads of up to 300kg or 3m³, offering a cost-effective and city-smart method of transportation. By utilizing bicycles and trailers, the company has established a comprehensive infrastructure for bicycle logistics, ensuring flexible and timely deliveries tailored to the recipient's preferences.

Mathem

Venture Round in 2019
MatHem is an e-commerce company based in Stockholm, Sweden, specializing in the online delivery of groceries and household consumables. Founded in 2009, it serves over half of Swedish households by providing a comprehensive online grocery store that includes a wide variety of products, ready-made grocery bags, and recipe suggestions. MatHem operates a user-friendly platform that streamlines grocery shopping and enhances the cooking experience through subscription plans and helpful tips. Deliveries are made seven days a week using temperature-controlled vehicles to maintain product freshness. The company's commitment to quality has earned it recognition, including awards for being the Grocery Website of the Year by a Swedish online magazine.

Karma

Series A in 2018
Karma develops an application that helps restaurants, grocers and cafés reduce their food waste by selling their surplus to consumers at reduced prices. Its application serves as a sales channel via which merchants offer take away food items to registered users. Elsa Bernadotte, Mattis Larsson, Hjalmar Nordegren, Ludvig Berling, and Steven van Wel founded Karma on September 1, 2015. Its headquarters is in Stockholm in Sweden.

Budbee

Series A in 2018
Budbee is a Swedish delivery service that operates an online marketplace for last-mile logistics, connecting e-commerce merchants with a network of third-party delivery providers rather than owning a proprietary fleet. Founded in 2015 and based in Stockholm, the company focuses on home delivery and efficient last-mile solutions for online retailers. Its service set includes detailed tracking and instant messaging to improve transparency and customer communication, aiming to deliver a seamless shopping experience and reduce wait times for consumers.

Com Hem

Post in 2017
Com Hem is the largest cable company in Sweden, providing a range of services that include television, broadband, and telephone solutions for both individuals and businesses. Founded in 1983 and headquartered in Stockholm, Com Hem operates through two main segments: Com Hem and Boxer, the latter being an acquired business. The company is known for its affordable, high-quality offerings and has distinguished itself in the market by delivering the TiVo TV service, which enables customers to access television content via mobile devices through the TiVoToGo app. Com Hem also engages in network operations by contracting telecom services directly with landlords, facilitating communication and maintenance for property owners. With approximately 950 employees, Com Hem generates the majority of its revenue within Sweden.
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