Kinnevik
financial review capital allocation framework our expectations are to portfolio add up to eight new companies per year seek to build an adequate level of influence in our companies rather than specific ownership stakes build and maintain a portfolio across different stages of maturity with companies making up the lion share of portfolio value during the fourth quarter we invested of which into three new companies clinical stage recursion hospitality management cloud provider mews and producer of green steel green steel we also committed to the life science fund dimension of the invested into the existing portfolio during the quarter the investments were our participations in oda funding round and private placement during full year we deployed a total of split and into fund partnerships we released more than primarily from tele and during the first half of meaning we were net during the year in we expect to invest around split roughly between new investments and follow on investments into the existing portfolio interim report | Kinnevik
Company
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February 2023
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19 of 43
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