Kinnevik is an investment company that manages a portfolio of investments in various sectors, with a focus on creating long-term shareholder value. The company invests in both listed and private companies, primarily in consumer-centric sectors such as telecommunications, media, and online businesses.

Hugo Stenbeck

Robert von Horn

Wilhelm Klingspor

Kinnevik

Puzzle-Ventures is an early-stage venture fund that partners with exceptional European entrepreneurs building transformational B2B software businesses.

Puzzle-Ventures

Kinnevik’s ambition is to be Europe’s leading listed growth investor, and we back the best digital companies for a reimagined everyday and to deliver significant returns. We understand complex and fast-changing consumer behaviours, and have a strong and expanding portfolio in healthtech, consumer services, foodtech and fintech. As a long-term investor, we strongly believe that investing in sustainable business models and diverse teams will bring the greatest returns for shareholders. We back our companies at every stage of their journey and invest in Europe, with a focus on the Nordics, and in the US. Kinnevik was founded in 1936 by the Stenbeck, Klingspor and von Horn families. Kinnevik’s shares are listed on Nasdaq Stockholm’s list for large cap companies under the ticker codes KINV A and KINV B.

Metric
Company Name	Kinnevik	Puzzle-Ventures
Symbol
MSH ID	COM:KINNEVIK	COM:PUZZLE-VENTURES
Market	PRIVATE	PRIVATE
Sector	Financial Services & Finance	Financial Services & Finance
Industry	Investment	Venture Capital
Country	SE	DE
Stage
Employee Count	62
Website	kinnevik.com	puzzle-ventures.com
LinkedIn	kinnevik	puzzle-ventures-berlin
Founders

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Market Cap
Enterprise Value
Monthly Web Traffic	25.23K
Web Traffic Growth	-0.37
Valuation
Raised Capital

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Revenue
Revenue (LTM)
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Revenue 2026

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Revenue Growth (NTM)
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EBITDA Growth (LTM)
Net Income Growth (LTM)
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365-Day Growth Score

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Gross Profit Margin
Operating Profit Margin
EBITDA Margin
Net Profit Margin
Return on Equity
Return on Assets
Return on Capital Employed

COM:KINNEVIK

Kinnevik

Company Overview

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Financial Performance

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Cash Flow Metrics

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Rule of 40 (LTM)
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