Kinnevik AB is a Sweden‐based investment company with a heritage dating back to 1936. Originally established by the Stenbeck family to manage timber and forest assets, Kinnevik has evolved into a leading backer of digital consumer businesses. Through successive strategic shifts, the firm repositioned its portfolio away from traditional industries such as forestry and packaging toward high-growth sectors including e-commerce, fintech, and digital healthcare.
Today, Kinnevik’s portfolio spans companies operating across Europe, Latin America and parts of Asia and Africa. Its investments typically target businesses that leverage technology to deliver consumer services online, whether through marketplaces, subscription platforms or digital financial services. Kinnevik has held stakes in prominent names like Zalando, Tele2 and Global Fashion Group, reflecting its focus on scalable business models that address the needs of digital consumers in both mature and emerging markets.
Under the leadership of CEO Georgi Ganev, Kinnevik pursues a long‐term investment strategy characterized by active ownership and collaboration with management teams. The board, chaired by Tom Boardman, oversees governance practices that emphasize sustainability, innovation and responsible value creation. This governance framework supports Kinnevik’s mission to generate attractive returns while driving positive social and environmental impact.
With headquarters in Stockholm and additional offices in London, Kinnevik continues to adapt its strategy in response to shifting global trends in technology, consumption and regulation. By selectively allocating capital to businesses with proven market traction and experienced leadership, Kinnevik aims to remain at the forefront of digital transformation and deliver sustained value for its stakeholders.
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