Cinder Invest

Cinder Invest is a Swedish investment company established as a joint venture between AFA Försäkring, AMF, FAM (the Wallenberg family's holding company), the Fourth Swedish National Pension Fund (AP4), and SEB. Founded in 2020, the firm was created to provide equity and hybrid capital to viable medium-sized Swedish companies that were negatively impacted by the COVID-19 pandemic. While it operates as a generalist investment vehicle, Cinder Invest has a significant presence in the healthcare sector through its portfolio companies, such as Hermes Medical Solutions, which specializes in molecular imaging software for nuclear medicine. The company is currently in a management phase, focusing on the long-term development and eventual refinancing of its existing portfolio holdings.