The Stenbeck family's investment company Kinnevik's wealth, net asset value, decreased by eight percent during the first quarter to a total of 36.2 billion kronor or 131 kronor per share.
During the quarter, Kinnevik invested 800 million kronor in its portfolio companies, primarily in Mews, Recursion, and Agreena.
"The core companies performed in line with our expectations with an average growth of over 40 percent during the quarter," the company writes in the quarterly report.
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