Novax
Novax, established in 1999, operates as the private equity investment arm of the Axel Johnson Group, a family business with roots dating back to 1873. Headquartered in Stockholm, Sweden, Novax focuses on sectors such as preventive health, technical security, digital retail infrastructure, and the food value chain. The company is committed to long-term, profitable business development while adapting to changing market dynamics. Its investment strategy is guided by a desire to foster innovation and growth across various industries.
Gårdsfisk
Series A in 2025
Gårdsfisk AB, founded in 2013 and based in Åhus, Sweden, specializes in innovative land-based fish farming. The company has developed a unique method that utilizes large tanks within a closed system, allowing for the cultivation of fish while minimizing environmental impact. This approach enables the recycling of nutrient-rich wastewater as fertilizer for agricultural fields, enhancing sustainability. By providing farmers with the technology to breed fish domestically, Gårdsfisk aims to address the environmental challenges associated with traditional fish farming practices, promoting a more sustainable aquaculture industry.
Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, that specializes in selling surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering items that might otherwise be discarded due to reasons such as packaging changes or approaching expiration dates. Matsmart has experienced significant growth since its inception, expanding its operations to Norway and Finland and achieving recurring revenues of SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted. By providing a marketplace for discounted groceries and personal care products, Matsmart enables suppliers to move surplus inventory while helping to reduce overall food wastage.
Hedvig AB is an insurance provider based in Stockholm, Sweden, established in 2016. The company specializes in a range of insurance products, including home and contents insurance, as well as travel, accident, and car insurance. Hedvig offers a modern and customer-centric approach to insurance, focusing on providing a seamless experience with fast claims processing. Since its launch, Hedvig has expanded its presence across all Scandinavian countries, positioning itself as an EU-licensed carrier dedicated to enhancing the insurance experience for its clients.
Hedvig AB is an insurance provider based in Stockholm, Sweden, established in 2016. The company specializes in a range of insurance products, including home and contents insurance, as well as travel, accident, and car insurance. Hedvig offers a modern and customer-centric approach to insurance, focusing on providing a seamless experience with fast claims processing. Since its launch, Hedvig has expanded its presence across all Scandinavian countries, positioning itself as an EU-licensed carrier dedicated to enhancing the insurance experience for its clients.
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