Novax
Overview
Novax is the investment arm of Axel Johnson, an active and long-term partner investing in and developing small and medium-sized growth companies to build future pillars for the group, focusing on areas like Food of the Future, Preventive Health, and Technical Safety. Novax invests in companies that can create lasting value—economically, socially, and environmentally—seeking out sound values and cultures founded on responsibility, resilience, and a dedication to sustainable growth.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Motatos | Mar 2021 | Series C | Co-investor |
| Hedvig | Sep 2021 | Series B | - |
| Unloc | Feb 2022 | VC Round | Co-investor |
| Bruce Studios | Jun 2019 | VC Round | Co-investor |
| NitroCapt AB | Mar 2025 | Strategic | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Novax based?
Novax is headquartered in Sweden.
When was Novax founded?
Novax was founded in 1957.
How many portfolio companies does Novax have?
Novax has 16 portfolio companies in Caplight's dataset.
What are some companies in Novax's portfolio?
Portfolio companies visible on Caplight include Motatos, Hedvig, Unloc, Bruce Studios, NitroCapt AB.
What was Novax's most recent investment shown here?
Novax's most recent investment in this portfolio sample was in NitroCapt AB in 2025.
What sectors does Novax focus on?
Novax focuses on FinTech, Consumer & Commerce, Real Estate & PropTech, Healthcare & Life Sciences, Frontier & Industrial Tech, Enterprise Software, Healthcare & Life Sciences, Enterprise Software, Energy & Sustainability, Enterprise Software, Energy & Sustainability, Consumer & Commerce, Energy & Sustainability, Consumer & Commerce, Energy & Sustainability, Consumer & Commerce, Enterprise Software, Energy & Sustainability, Frontier & Industrial Tech, Enterprise Software, Enterprise Software, FinTech, Energy & Sustainability, Consumer & Commerce, Frontier & Industrial Tech, Consumer & Commerce, Healthcare & Life Sciences, Enterprise Software, Healthcare & Life Sciences, Enterprise Software, Enterprise Software.
What company stages does Novax focus on?
Novax typically invests at the MultiStage stage.
What is Novax's AUM?
Novax's assets under management are estimated between $100.0M and $250.0M.