Holdings

First Venture invests in both listed and unlisted growth companies in technology, health and sustainability.

Active listed holdings

First Venture invests in unlisted companies with a market cap of less than SEK 500 million. Investments are made in technology, health and sustainability and where there is a strong entrepreneurial team. Our focus area is close to the bottom of the “Valley of death”. First Venture goes into the companies as a minority shareholder and works with the entrepreneurial team and other active shareholders. The business concept is to develop successful companies as an active investor and to make a listing possible.

Innehav

Humble Group

  • Health

Sprint Bioscience

  • Health
Killinaro

Kiliaro

  • Technology
Alelion

Alelion Energy

  • Sustainability
Lyckegård

Lyckergård Group

  • Sustainability

Copperstone

  • Sustainability

dLab

  • Sustainability

Active unlisted holdings

First Venture invests in unlisted companies with a market cap of less than SEK 500 million. Investments are made in technology, health and sustainability and where there is a strong entrepreneurial team. Our focus area is close to the bottom of the “Valley of death”. First Venture goes into the companies as a minority shareholder and works with the entrepreneurial team and other active shareholders. The business concept is to develop successful companies as an active investor and to make a listing possible.

CombiQ

  • Technology

Virtual eTraining

  • Technology

Verduro

  • Health
mendi

Mendi

  • Health
Speedment

Speedment

  • Technology
Zigrid

Zigrid

  • Sustainability

Tribonex

  • Sustainability

Cling Systems

  • Sustainability
Mindforce Gamelab

Mindforce Gamelab

  • Health

OneTwo Analytics

  • Health

Knodd Vård

  • Health

Net Asset Value

as of 2022-12-31

First Venture’s net asset value on 31 December 2022.

CategoryPortfolio CompaniesValue, SEK, 31 December 2022Net Asset Value per shareShare of portfolio
Listed
HealthHumble Group*42 336 050 SEK1,1317.1%
HållbarhetLyckegård*8 231 627 SEK0,223.3%
SustainabilityAlelion*6 980 769 SEK0,192.8%
TechnologyKiliaro*7 259 722 SEK0,192.9%
HealthSprint Bioscience*5 649 363 SEK0,152.3%
HållbarhetCopperstone*2 364 300 SEK0,061.0%
HållbarhetDlabratory*2 102 510 SEK0,060.9%
Total74 924 342 SEK1,9930.3%
Unlisted
HealthVerduro18 440 000 SEK0,497.5%
HealthMendi Innovation20 617 532 SEK0,558.3%
TechnologyCombiQ 16 238 100 SEK0,436.6%
SustainabilityZigrid 10 598 140 SEK0,284.3%
TechnologySpeedment 9 860 774 SEK0,264.0%
SustainabilityTribonex 11 050 800 SEK0,294.5%
SustainabilityCling 8 600 003 SEK0,233.5%
HealthOneTwo Analytics6 741 500 SEK0,182,7%
TechnologyVirtual e-Training 5 069 440 SEK0,142.1%
HealthKnodd4 998 850 SEK0,132,0%
HealthMindforce Game Lab3 599 876 SEK0,101.5%
Total115 815 015 SEK3.0946,8%
OtherOther Unlisted Holding 2 090 657 SEK0,060.8%
Total Holding192 830 014 SEK77,9%
Other assets & debt** 54 419 518 SEK27.4%
Total NAV ***247 249 532 SEK100.00%

* based on stockvalue: Humble 9,76 kr; Sprint Bioscience 0,55 kr; Alelion 0,48 kr; Kiliaro 2,22 kr; Lyckegård 3,15 kr; Copperstone 1,28 kr; Dlab 3,35 kr

** of which approx 17,6 MSEK is available cash

***Number of available stock in First Venture: 37 524 206 st

First Venture reports the current net asset value at the end every month in the following mont