Skip to main content

4 March 2020

Ingka Group accelerates investments; venture & growth portfolio doubles

FY19 was a year of acceleration for investments made by Ingka Group, a strategic partner in the IKEA franchise system, operating 374 IKEA stores in 30 countries. 

Six new investments were closed during the fiscal year taking the company’s venture and growth capital portfolio to 18 active companies as of Aug. 31, 2019. With new and follow-on investments, this portfolio doubled its total invested capital.
The venture and growth capital investments are made by Ingka Investments, the investment arm of Ingka Group. Ingka Investments makes minority equity capital infusions in fast-moving, cutting-edge companies that can create synergies for Ingka Group core business and support the company’s retail transformation and ambition to become people and planet positive.
This also allows Ingka Group to broaden the investment landscape and diversify its financial risk and return profile. In FY19, Ingka Investments invested in home renovation and design platform Livspace; recycling companies RetourMatras; reverse logistics provider Optoro; and small space robotics furniture company Ori, among others. 

“We’re engaging with cutting-edge companies that are developing new technologies, solutions and business models that can help accelerate our business transformation and reach our sustainability goals. We’ve invested approximately EUR 200 million in 23 companies to date, as we’re looking to disrupt rather than to be disrupted,” says Krister Mattsson, Managing Director, Ingka Investments, in the Annual Summary & Sustainability Report for FY19, released in January. 

Read more about Ingka Investments here

Ingka Investments is also stepping up investments and acquisitions in real estate, retail tech, including digital, customer fulfillment, sustainability and a range of services including logistics and delivery services
*Sept. 1, 2018 – Aug. 31, 2019

Media enquiries

For further information, please contact us at or by calling +46 70 993 6376


Related articles

IKEA Retail Ingka Investments Press Releases Sustainability

Sustainable Forestry: An Investment in the Future

IKEA Retail Ingka Investments Press Releases Sustainability

April 2022: Ingka Group News

Campaigns IKEA Retail Press Releases Sustainability

H22 City Expo: The finalists of the global competition to build a better everyday life are chosen

IKEA Retail Sustainability

Local Recovery Hub opens in Sweden – A new way of innovating and testing how to prolong the life of IKEA furniture

Ingka Investments Press Releases Sustainability

Ingka Investments makes EUR 340 million investment in nine solar PV park projects in Europe as part of its commitment towards a renewable energy future

Campaigns Culture and Co-Workers IKEA Retail Ingka Centres Ingka Investments Press Releases Sustainability

February & March 2022: Ingka Group News

Culture and Co-Workers IKEA Retail Ingka Investments Press Releases

Peter van der Poel becomes Managing Director Ingka Investments as Krister Mattsson moves on

IKEA Retail Sustainability

COP26 furniture found a second life

IKEA Retail Reports and Summaries Sustainability

Ingka Group will continue to strengthen transparency and integrity of greenhouse gas emission reduction targets

IKEA Retail Ingka Investments Reports and Summaries Sustainability

January 2022: Ingka Group News

Reports and Summaries Sustainability

Ingka Group Reporting FY21 shows progress in reducing climate footprint

Ingka Investments

Ingka Investments make minority Investment in Doconomy