Kinnevik has not been on the lazy side during Wednesday, with investments in both the Swedish food business, Karma and the Norwegian e-commerce grocery company, Kolonial. Now, Kinnevik has also entered the German fintech company Deposit Solutions. Kinnevik is participating in a capital funding round of USD 100m, equivalent to SEK 922m, but does not publish the exact amount for its investment. The transaction values Deposit Solutions at approximately USD 400m. The company has 250 employees and is located in 16 European countries.
