Novax
Novax AB is the private equity and venture capital arm of Axel Johnson AB, established in 1999 and headquartered in Stockholm, Sweden. The firm focuses on mezzanine, middle market, late venture, emerging growth, and growth capital investments, primarily in small and medium-sized companies within the Nordic region. Novax targets consumer-oriented sectors, including retail, services, health and wellness, security, and entertainment. The firm typically invests between SEK 100 million and SEK 300 million in companies with enterprise values ranging from SEK 100 million to SEK 1 billion, revenues between SEK 75 million and SEK 1 billion, and EBITDA of up to SEK 250 million. Novax is known for its commitment to long-term, profitable business development and invests through its personal capital and balance sheet.
Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, specializing in the sale of surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering groceries and personal care items that would otherwise be discarded due to reasons such as packaging changes or approaching expiry dates. Matsmart has expanded its operations to Norway and Finland, achieving significant growth, with recurring revenues reaching SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted, providing suppliers with an effective channel to sell surplus products at discounted prices while helping grocery stores minimize their food wastage.
Hedvig AB, founded in 2016 and based in Stockholm, Sweden, operates as an insurance representative offering a range of products tailored for modern consumers. The company provides insurance services for rented properties and condominiums, travel, and personal property, including coverage for items such as phones and bicycles. Additionally, Hedvig offers a multi-insurance service that covers home, contents, accidents, and car insurance, all with a fixed fee structure and a fully digitized claims process. This innovative approach aims to simplify insurance for clients, ensuring they receive fair support and assistance when needed.
Ulrick & Short specializes in the production of clean label and plant-based ingredients designed for the food manufacturing sector. The company offers a diverse array of allergen-free formulations, including starches, flours, fibers, and proteins, which are utilized in various applications such as sauces, soups, batters, coatings, and bakery products. By focusing on non-genetically modified and vegan-friendly ingredients, Ulrick & Short is well-positioned to meet the growing demand from consumers and food manufacturers for healthier and more sustainable food options.
Hedvig AB, founded in 2016 and based in Stockholm, Sweden, operates as an insurance representative offering a range of products tailored for modern consumers. The company provides insurance services for rented properties and condominiums, travel, and personal property, including coverage for items such as phones and bicycles. Additionally, Hedvig offers a multi-insurance service that covers home, contents, accidents, and car insurance, all with a fixed fee structure and a fully digitized claims process. This innovative approach aims to simplify insurance for clients, ensuring they receive fair support and assistance when needed.
Unloc AS, based in Oslo, Norway, has developed an innovative solution for digital key sharing. This technology allows users to grant access to their homes effortlessly, enabling delivery personnel, cleaners, or family members who have misplaced their keys to enter without physical keys. The process is designed to be simple and efficient, resembling the ease of sending a text message. By digitizing the key-sharing experience, Unloc aims to enhance convenience and security for homeowners, addressing common challenges such as missed deliveries or locked-out family members.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at
support@teaserclub.com. Your feedback is most welcome.