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Novax

Corporate venture capitalStockholm, Swedennovax.seVerified 9 Nov 2026

Novax is the investment arm of the Axel Johnson Group, operating as an active, long-term partner to growth companies. It invests in small and mid-sized enterprises across sectors such as food, health, and security, as well as early-stage climate tech initiatives.

StagesSeries A · Growth
Invests inEurope
Deals recorded11

What they invest in

  • By investing in, supporting, and developing small and mid-sized enterprises, we help build successful companies that can become the future cornerstones of Axel Johnson. source
  • Novax is an active, long-term partner to growth companies and an ecosystem where people and businesses can thrive. source

All investments and operations

11 operations
CompanyRoundAmountDateCo-investorsSource
Akind
Opportunistic investments
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Apohem
Opportunistic investments
––––Portfolio page
Aqua Dental
Health
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Bond Health Group
Health
––––Portfolio page
Ingå
Food
––––Portfolio page
Medovia
Opportunistic investments
––––Portfolio page
Muntra
Health
––––Portfolio page
OneLab
Health
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Personalkollen
Opportunistic investments
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RCO Group
Security
––––Portfolio page
Show all 11 operations
Voyado
Opportunistic investments
––––Portfolio page

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