D-Ax

D-Ax is a long-term owner and company builder that presents itself on its website as Novax. It invests in, supports and develops small and mid-sized firms, and aims to build future cornerstone businesses for the Axel Johnson group.

What D-Ax offers

• Long-term ownership — long-horizon investment in companies at early or later stages, chosen by sector rather than size.
• Active company building — guidance, practical help and access to specialist skills.
• Portfolio ecosystem — Portfolio companies share experience and solve problems together.
• Sector focus — Food, security and health, plus some opportunistic investments.

Who it works with

Growth companies and their management teams in the focus sectors, including businesses such as Voyado and Bond Health Group. The material also mentions digital infrastructure for retail.

Key facts

• Brand on its site: Novax
• Parent group: Axel Johnson
• Focus sectors: Food, security and health
• Languages: Swedish and English