Enveda
"The people at Kinnevik are some of the smartest and most long-term investors I've ever met. It's a privilege to partner with them."

Viswa Colluru, Founder & CEO
The challengers we back have one thing in common. They're innovative entrepreneurs who leverage technology to change the way we work, live and play. We partner from early-stage to growth-phase, and focus our investments on healthcare, software, and climate tech. With a select portfolio of 20+ larger companies, we provide dedicated support grounded in our nearly 100-year legacy of investing expertise and entrepreneurial spirit.
| Description | Sector | Invested year | HQ Location | Actions | |
|---|---|---|---|---|---|
| Agreena | Tech-enabled platform unlocking the value of regenerative agriculture through Europe's leading soil carbon program | Prior Strategies | 2022 | Denmark | |
| Aira | Clean energy-tech business accelerating the electrification of residential heating | Prior Strategies | 2023 | UK | |
| Anterior | Clinical AI platform that automate and accelerate complex clinical and administrative workflows | Emerging Companies | 2025 | US | |
| Betterment | US based money manager offering investing and retirement solutions | Prior Strategies | 2016 | US | |
| Breathe Battery Technologies | Enhancing battery performance for an electrified future | Prior Strategies | 2025 | UK | |
| Cedar | Provides a smarter way for hospitals, health systems and medical groups to manage the patient payment ecosystem | Software | 2018 | US | |
| Charm Industrial | Removes CO₂ permanently from the atmosphere by converting biomass into a stable, carbon-rich liquid and pumping it underground | Prior Strategies | 2023 | US | |
| Cityblock | Value-based healthcare provider for underserved urban populations, with a focus on Medicaid and Medicaid/Medicare dually eligible members | Health & Bio | 2020 | US | Read more |
| Encube | Reimagining industrial manufacturing by providing a collaborative, AI-powered, cloud-native platform for engineering teams | Emerging Companies | 2025 | Stockholm | |
| Enveda | Clinical-stage biotech company pioneering small molecule drug discovery inspired from life's chemistry | Health & Bio | 2023 | US | Read more |
| Global Fashion Group | International online fashion and lifestyle retailer | Prior Strategies | 2010 | Singapore | |
| HungryPanda | The world's largest overseas Chinese food delivery company | Prior Strategies | 2020 | UK | |
| Instabee | Customer centric last-mile logistics platform specialised for e-commerce businesses | Prior Strategies | 2018 | Sweden | |
| Job&Talent | World-leading marketplace for essential work, matching great people with great companies | Prior Strategies | 2021 | Spain | |
| Kernel | RevOps system enabling automated cleaning, mapping, enrichment and account sourcing for GTM teams at large enterprise companies | Emerging Companies | 2025 | UK | |
| Mews | Leading hospitality technology platform | Software | 2022 | Netherlands | Read more |
| Nick's | Swedish-born, global food-tech innovator of healthy and indulgent snacks and ice cream | Prior Strategies | 2021 | US | |
| Nory | AI-native restaurant management system | Emerging Companies | 2025 | Dublin | |
| Oda / Mathem | Leading online grocer in the Nordics with over 4 million deliveries per year | Prior Strategies | 2018 | Norway | |
| Omio | Travel platform bringing together more than 1,000 transportation providers across multiple modes of transports across Europe | Prior Strategies | 2018 | Germany | |
| Omnipresent | Provides an end-to-end service to support and guide businesses hiring talent globally | Prior Strategies | 2022 | UK | |
| Oviva | Europe's leading provider of AI-enabled chronic care | Health & Bio | 2025 | Berlin | Read more |
| Pelago | The world's leading virtual clinic for substance use management, helping members cut back, stop, or otherwise manage their substance use to a healthy state | Health & Bio | 2021 | US | |
| Perk | Fastest-growing business travel and spend management platform | Software | 2018 | Spain | Read more |
| Pleo | The leading pan-European spend management platform | Software | 2018 | Denmark | Read more |
| Recursion | Clinical-stage techbio company decoding biology to industrialize drug discovery and design novel therapeutics | Health & Bio | 2022 | US | |
| SafetyWing | A unique global travel and health insurance plan to help firms set themselves apart by offering better benefits to remote workforces | Prior Strategies | 2022 | US | |
| Solugen | Manufacturer of chemical solutions that are safer, more cost-effective, and have a lower-carbon footprint | Prior Strategies | 2022 | US | |
| Spring Health | A global mental health platform | Health & Bio | 2021 | US | Read more |
| Stegra | Producer of green steel aiming to reduce carbon emissions by up to 95% | Prior Strategies | 2022 | Sweden | |
| Strand Therapeutics | A clinical-stage biotechnology company pioneering programmable mRNA therapies to transform the treatment of cancer and other serious diseases | Health & Bio | 2025 | US | Read more |
| Superb | The first all-in-one "Guest Experience Management" platform for restaurants | Prior Strategies | 2021 | Denmark | |
| Tandem Health | The leading medical AI co-pilot in Europe | Emerging Companies | 2025 | Stockholm | Read more |
| Transcarent | Making it easy for people to access high-quality, affordable health and care | Health & Bio | 2022 | US | |
| Vay | A teledriving company that aims to launch a unique, affordable, and sustainable door-to-door mobility service | Prior Strategies | 2021 | Germany | |
| Vivino | The world's largest online wine marketplace and most downloaded wine app | Prior Strategies | 2021 | US | |
| Wordsmith AI | Transforming in-house legal teams by bringing AI intelligence across their organisations. | Emerging Companies | 2025 | UK |