Wallenberg Investments (formerly FAM)
Wholly owned by Wallenberg Foundations (Knut and Alice Wallenberg Foundation and others)
Stockholm holding company that manages the Wallenberg Foundations' assets; FAM was merged into it in 2026. Holds SKF, Stora Enso, Höganäs, forests and ventures.
USEFUL FOR Fund managers raising capital · Founders · Business owners seeking a long-term partner · Co-investors
Family & background
- FAMILY
- Wallenberg
- WEALTH ORIGIN
- Banking and industrial ownership since Stockholms Enskilda Bank (1856)
- HEADQUARTERS
- Stockholm, Sweden
- FOUNDED
- 2021
- OUTSIDE CAPITAL
- No — own capital only
Investment approach
- SECTORS
- Industrial & ManufacturingClimate & EnergyDeep TechBiotech & Life SciencesReal Estate & PropTechArtificial IntelligenceFintech
- GEOGRAPHY
- Sweden
- STAGES
- SeedSeries AGrowthBuyout
- ROUTES
- Companies (own capital) · Funds (as LP)
- STRATEGIES
- Direct investmentsPrivate equityVenture capitalFunds (as LP)Real estate
Overview
Wallenberg Investments AB was set up by the Wallenberg Foundations in 2021 to manage and develop their assets and administer the foundations; in February 2026 FAM AB, Navigare Ventures, Nineteen Private Capital and Thisbe were integrated into it. Assets are run in five units: Industrials (e.g. SKF, Stora Enso, Höganäs, Munters, IPCO, Nefab, Kivra), Real Assets (Kopparfors Skogar, The Grand Group, Näckström), Alternative Funds (private equity funds and co-investments), Special Investments and Ventures. Returns fund the foundations' grants for basic research and education. The foundations' largest assets are Investor AB and Wallenberg Investments.
Holdings & investments (57)
- StegraClimate & Energy · since 2026
- SweGaNDeep Tech · since 2026
- Arkeonsince 2026
- OrbDBsince 2026
- NäckströmReal Estate & PropTech · since 2025
- HymethClimate & Energy · since 2025
- Sferical AIArtificial Intelligence · since 2025
- Basic Genomicssince 2025
- DapplerLabssince 2025
- Epigenicasince 2025
- FMQ Technologiessince 2025
- LunaLECsince 2025
- ProteomEdgesince 2025
- QETsince 2025
- Interspectralsince 2024
- Profundussince 2024
- Canuccisince 2023
- Pythom GroupSpace · since 2023
- AlixLabssince 2023
- Intuisince 2023
- Scaleout Systemssince 2023
- TERASisince 2023
- AdamantQsince 2023
- Retainsince 2023
- Solinide Photonicssince 2023
- SPARS ITsince 2023
- Zytox Therapeuticssince 2023
- Novaresince 2022
- EnginZymesince 2022
- Pixelgensince 2022
- Rarity Biosciencesince 2022
- Amylonixsince 2022
- Blykallasince 2022
- Westra Materialssince 2022
- GreenIronClimate & Energy · since 2021
- The Grand GroupReal Estate & PropTech · since 2021
- Repli5since 2021
- RiACTsince 2021
- Cinder Investsince 2020
- GROPYUSReal Estate & PropTech · since 2020
- SEEQCDeep Tech · since 2020
- Kopparfors SkogarReal Estate & PropTech · since 2019
- SweTree TechnologiesBiotech & Life Sciences · since 2019
- Ligna Energysince 2018
- ScandiBio Therapeuticssince 2018
- ScandiEdge Therapeuticssince 2018
- AMEXCIIndustrial & Manufacturing · since 2017
- IPCOIndustrial & Manufacturing · since 2017
- MuntersIndustrial & Manufacturing · since 2017
- Arevosince 2017
- Elyptasince 2017
- NefabIndustrial & Manufacturing · since 2015
- Combientsince 2014
- HöganäsIndustrial & Manufacturing · since 2013
- KivraFintech · since 2013
- SKFIndustrial & Manufacturing · since 2007
- Stora EnsoIndustrial & Manufacturing · since 2007
People
- Alex BasuHead of Ventures · source
- Magnus FernströmHead of Real Assets · source
- Richard NilssonDeputy Head of Special Investments & Head of Investment Analytics · source
- Marcus WallenbergChair · source
- Jacob WallenbergVice Chair · source
- Anna BorgDirector · source
- Daniel SachsDirector · source
- Helena HedblomDirector · source
- Jacob de GeerDirector · source
- Siri SachsDirector · source
- Sylvia Schwaag SergerCo-opted board member · source
- Martina WallenbergCo-opted board member · source
- Dick LundqvistCEO · source
- Håkan BuskheDeputy CEO (former CEO of FAM) · source
- Caroline Jägenstedt WikmanGeneral Counsel · source
- Daniel WintherHead of Alternative Funds · source
- Kristian SildebyHead of Industrials · source
- Laura SafirHead of Communication and Sustainability · source
- Magnus SchöldtzHead of Wallenberg Office · source
- Peter NyllingeCFO · source
Frequently asked questions
Wallenberg Investments (formerly FAM) is a family holding based in Stockholm, Sweden, founded in 2021.
Wallenberg Investments (formerly FAM) invests on behalf of the Wallenberg family (Banking and industrial ownership since Stockholms Enskilda Bank (1856)).
Wallenberg Investments (formerly FAM) invests its own capital into companies and in third-party funds as an LP. Its stated asset mix includes direct investments, private equity, venture capital, funds (as lp) and real estate.
Wallenberg Investments (formerly FAM) invests at Seed, Series A, Growth and Buyout stages in Industrial & Manufacturing, Climate & Energy, Deep Tech, Biotech & Life Sciences, Real Estate & PropTech, Artificial Intelligence and Fintech.
Key people at Wallenberg Investments (formerly FAM) include Marcus Wallenberg (Chair), Jacob Wallenberg (Vice Chair), Anna Borg (Director) and Daniel Sachs (Director).
Wallenberg Investments (formerly FAM)'s holdings and investments include AMEXCI, GreenIron, Höganäs, IPCO, Kivra, Munters, Nefab and SKF, among others.
The most recent publicly reported investment by Wallenberg Investments (formerly FAM) is Stegra (EUR 1.4bn financing round (led consortium; majority owner)), announced in Jun 2026.
No. Wallenberg Investments (formerly FAM) invests its own capital and does not raise money from outside investors.