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

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
Nutribe

Nutribe

  • Health
mendi

Mendi

  • Health
Speedment

Speedment

  • Technology
Zigrid

Zigrid

  • Sustainability
ANS

Applied Nano Surfaces

  • Sustainability
Lyckegård

Lyckegård

  • Sustainability

Cling Systems

  • Sustainability

Net Asset Value

as of 2021-11-30

First Venture’s net asset value on 30 November 2021.

CategoryPortfolio CompaniesValue, SEK, 30 november 2021Net Asset Value per shareShare of portfolio
Listed
HealthHumble Group*118 575 624 SEK31.0%
HealthSprint Bioscience* 24 214 588 SEK6.3%
TechnologyKiliaro*8 219 347 SEK2.2%
Total151 009 559 SEK39.5%
Unlisted
HealthMendi Innovation16 649 873 SEK4.4%
TechnologySpeedment 9 860 774 SEK2.60%
TechnologyCombiQ 5 956 500 SEK1.60%
SustainabilityZigrid 4 964 949 SEK1.30%
HealthNutribe 6 534 250 SEK1.70%
SustainabilityApplied Nano Surfaces 3 277 040 SEK0.90%
TechnologyVirtual e-Training 5 069 440 SEK1.30%
OtherOther 8 410 898 SEK2.20%
Total60 723 724 SEK15.9%
Total Holding121 733 283 SEK55.4%
Other assets & debt** 170 400 924 SEK44.6%
Total NAV ***382 134 207 SEK100.00%

* based on stockvalue: Humble 27,35 kr; Sprint Bioscience 4,95 kr; Kiliaro 2,47 kr

** of which approx 151 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 month.

Financial Investments

First Venture also sees other opportunities to generate returns in listed technology, health and sustainability companies. This may involve underwriting new issues in companies in need of new capital or participating in various forms of bridge financing.