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Venture capital firm

D-Ax

Swedish long-term owner and company builder investing in growth companies in food, security and health

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TrustList summary

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.

Services

  • 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.

Customers and markets

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

Summary written by TrustList from the business's own published information, Oct 2026.

Categories & features

Rankings

D-Ax is ranked on 1 TrustList ranking at #13.

Every ranking orders its listings by their reviews, how complete the profile is and the Trust Score. D-Ax has no reviews yet and 3 of the 10 profile details we look for. Where no listing on a page has been reviewed, the order follows the profiles alone.

Venture capital firm · 1 ranking

  • #13of 28
    Stockholm

    Of the 28 here, 4 also cover private equity and 4 also cover fintech; 14 also work in London and 8 also work in Paris.

    Behind BofA Securities, ahead of Edastra.

As of 2026-10-31. Organic ranks only; sponsored placements are never ranks. How TrustList ranks

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