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The Venture Codex

Overview

Investment company building digital consumer businesses for growth.

Deals · 12mo

6

Stage focus

Series B
Series C

Geographic focus

Denmark
Germany
Sweden
United Kingdom
...

Sector focus

Financial Services
Internet
Venture Capital

Investment portfolio

126rounds
NAMEDATESIZE
Enveda Biosciences
Sep 2026Participated
$311 MSeries E
Tandem Health
Sep 2026Participated
$100 MSeries B
Anterior
Feb 2026Participated
$40 MOther Equity
Mews
Jan 2026Participated
$300 MSeries D
Oviva
Jan 2026Participated
$234 MSeries D
Encube
Oct 2025Participated
$23 MOther Equity
StratifAI
Oct 2025Participated
$15 MOther Equity
Nory AI
Sep 2025Led
$37 MSeries B
Enveda Biosciences
Sep 2025Participated
$150 MSeries D
Aira
Aug 2025Participated
$175 MOther Equity
Strand Therapeutics
Aug 2025Led
$153 MSeries B
Tandem Health
Jul 2025Led
$50 MSeries A
Enveda Biosciences
Sep 2026Participated
$311 MSeries E
Tandem Health
Sep 2026Participated
$100 MSeries B
Anterior
Feb 2026Participated
$40 MOther Equity
Mews
Jan 2026Participated
$300 MSeries D
Oviva
Jan 2026Participated
$234 MSeries D
Encube
Oct 2025Participated
$23 MOther Equity
StratifAI
Oct 2025Participated
$15 MOther Equity
Nory AI
Sep 2025Led
$37 MSeries B
Enveda Biosciences
Sep 2025Participated
$150 MSeries D
Aira
Aug 2025Participated
$175 MOther Equity
Strand Therapeutics
Aug 2025Led
$153 MSeries B
Tandem Health
Jul 2025Led
$50 MSeries A
126
Items
...
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Insights

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Deal Distribution

Kinnevik: 126 funding rounds are recorded in the selected participation categories.All available history.
Kinnevik: 126 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A52
Series B137
Series C+1428
Other Equity1242
Debt03

Monthly Deal Activity

Kinnevik: 126 deals are recorded across 200 months.All available history.
Kinnevik: 126 deals are recorded across 200 months. All available history
MonthDeals
Mar '101
Apr '100
May '100
Jun '100
Jul '100
Aug '100
Sep '100
Oct '100
Nov '101
Dec '100
Jan '110
Feb '110
Mar '110
Apr '110
May '110
Jun '112
Jul '110
Aug '110
Sep '110
Oct '110
Nov '110
Dec '110
Jan '120
Feb '120
Mar '120
Apr '120
May '120
Jun '122
Jul '120
Aug '120
Sep '120
Oct '120
Nov '120
Dec '123
Jan '130
Feb '130
Mar '130
Apr '130
May '132
Jun '131
Jul '131
Aug '130
Sep '131
Oct '130
Nov '131
Dec '132
Jan '140
Feb '140
Mar '141
Apr '141
May '140
Jun '142
Jul '140
Aug '140
Sep '141
Oct '140
Nov '140
Dec '140
Jan '152
Feb '150
Mar '150
Apr '151
May '150
Jun '150
Jul '151
Aug '150
Sep '150
Oct '150
Nov '150
Dec '150
Jan '162
Feb '160
Mar '161
Apr '161
May '160
Jun '160
Jul '160
Aug '160
Sep '161
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '171
Apr '172
May '170
Jun '170
Jul '171
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '181
May '181
Jun '180
Jul '181
Aug '183
Sep '182
Oct '182
Nov '180
Dec '180
Jan '190
Feb '191
Mar '190
Apr '191
May '191
Jun '190
Jul '191
Aug '191
Sep '191
Oct '190
Nov '190
Dec '190
Jan '200
Feb '201
Mar '200
Apr '200
May '200
Jun '201
Jul '203
Aug '201
Sep '202
Oct '200
Nov '201
Dec '201
Jan '211
Feb '211
Mar '211
Apr '214
May '210
Jun '211
Jul '213
Aug '210
Sep '212
Oct '212
Nov '210
Dec '214
Jan '222
Feb '220
Mar '222
Apr '221
May '221
Jun '220
Jul '222
Aug '220
Sep '220
Oct '222
Nov '221
Dec '222
Jan '230
Feb '231
Mar '231
Apr '231
May '230
Jun '231
Jul '230
Aug '230
Sep '231
Oct '232
Nov '230
Dec '230
Jan '242
Feb '240
Mar '243
Apr '240
May '241
Jun '241
Jul '241
Aug '240
Sep '241
Oct '240
Nov '241
Dec '240
Jan '251
Feb '250
Mar '251
Apr '251
May '251
Jun '250
Jul '251
Aug '252
Sep '252
Oct '252
Nov '250
Dec '250
Jan '262
Feb '261
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '262
Oct '260

Sector Breakdown

Kinnevik: Health & Life Sciences is the largest displayed sector by deal count (38 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Kinnevik: Health & Life Sciences is the largest displayed sector by deal count (38 deals). All available history
SectorDeals
Health & Life Sciences38
E-Commerce & Retail33
Fintech29
Enterprise Software24
Networks, Cloud & Communication23
AI & Machine Learning22
Food & Agriculture18
Travel & Hospitality17
Real Estate & Construction14
Professional Services14
Clean Energy & Sustainability13
Transportation & Logistics12
Consumer & Lifestyle11
Media & Entertainment8
Marketing & Advertising6
Social & Community Platforms6
Data, Analytics & IT4
Manufacturing3
Hardware & Robotics2
Developer Tools2
Government & Defense1
Space & Frontier Tech1

Deal Size Distribution

Kinnevik: 126 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Kinnevik: 126 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M6
$10M-$25M13
$25M-$50M18
$50M-$100M33
$100M-$250M44
$250M-$500M7
$500M-$1B2
$1B+1

Deals By Geography

Kinnevik: Europe has the largest recorded deal count among the displayed regions (74 deals).All available history.

Top 10 of 10 regions; European countries are grouped as Europe.

Kinnevik: Europe has the largest recorded deal count among the displayed regions (74 deals). All available history
RegionDeals
Europe74
United States38
India3
Russian Federation3
Mexico2
Singapore2
Philippines1
112251
Brazil1
Australia1
Kinnevik: 20 co-investors are shown, with Rocket Internet sharing 10 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Investment Strategy

Kinnevik: Led accounts for 35% and participating for 65% of round participation.All available history.
Kinnevik: Led accounts for 35% and participating for 65% of round participation. All available history
CategoryDeals (count)Share (%)
Led4435%
Participating8265%
Kinnevik: Single-lead accounts for 68% and co-led for 32% of lead dynamics.All available history.
Kinnevik: Single-lead accounts for 68% and co-led for 32% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead3068%
Co-led1432%

Team

Anders Strandberg

Legal Professional

Christian Scherrer

Investment Director

Georgi Ganev

Chief Executive Officer

Hugo Stenbeck

Co-Founder

Mattias Andersson

General Counsel

Maxine Rior

Investment associate

Robert von Horn

Co-Founder

Sophia Udden

Finance Professional

Therese Esktrom

HR Manager

Torun Litzen

Director Corporate Communications