Kinnevik Results Presentation Deck
Intro
Net Asset Value
HIGHLIGHTS IN THE QUARTER
Key Events
Budbee and Instabox announced they are joining forces in the
new combined company Instabee, creating a new group with the
power to invest in, and push the boundaries of, consumer-centric
and sustainable last-mile delivery services for the e-commerce
sector in Europe
We invested USD 50m into Solugen, the industrial green chemicals
platform providing cheaper, safer chemicals without using fossil
fuels. This is Kinnevik's first sizeable investment into climate tech
Monese announced a USD 35m investment by HSBC as part
of a broader, strategic partnership that will focus on Monese's
industry-leading, cloud-based Platform as a Service business
KINNEVIK
Portfolio Overview
Interim Report Q3 2022
Investment Management Activities
We invested SEK 1.0bn during the quarter, of which SEK 508m
into Solugen
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Sustainability
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For the first nine months of 2022, we have invested SEK 3.2bn
in aggregate
Financial Position
NAV of SEK 58.0bn (SEK 207 per share), down SEK 3.2bn or 5%
in the quarter and SEK 14.4bn or 20% year-to-date
Net cash position of SEK 12.5bn, corresponding to 27% of port-
folio value by quarter-end
Financial Statements
Other
Events After the Quarter
In October, we invested EUR 25m into H2 Green Steel, the Swedish
producer of green steel reducing carbon emissions by up to 95
percent compared to traditional steelmaking
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 KINVA and KINV B.
Organisation
In September, Kinnevik announced that Samuel Sjöström will
assume the position as Chief Financial Officer effective from 1
November 2022, replacing Erika Söderberg Johnson who will
move into a role as Senior Advisor
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