# Novax

Novax is a Private Equity based in Stockholm, Sweden.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Stockholm, Sweden
- **Region:** Europe
- **Address:** Stockholm, Sweden
- **Founded:** 1999
- **Assets under management:** Undisclosed
- **Website:** www.novax.se
- **LinkedIn:** https://www.linkedin.com/company/novax-ab
- **Wikidata:** Q139942832

## Regulatory record

- **Reports private funds:** No

## About

Novax is an active, long-term partner for growth companies and an ecosystem where individuals and organizations can thrive. By investing in, supporting, and developing small and medium-sized enterprises, we contribute to building successful companies and future pillars for Axel Johnson.

## Sectors

- Food
- Security
- Health

## Questions

### What is the investment strategy of Novax?

The firm concentrates on active, long-term investments in small and medium-sized enterprises across three core sectors: food, security, and health. It also pursues opportunistic investments outside those verticals. Novax supports companies through growth, expansion, buyout, and pre-IPO stages.

### How does Novax's permanent capital structure affect its deal-making?

Because it invests Axel Johnson's permanent capital, Novax is not constrained by a standard fund's investment period or exit timeline. This allows the firm to hold companies indefinitely and focus on long-term operational value creation rather than a near-term liquidity event.

### Which sectors does Novax target?

Novax explicitly focuses on three verticals: food, security, and health. The firm also maintains a mandate for opportunistic investments outside these core areas, though it does not publicly disclose the sectors it avoids.

## Related profiles

- [Nova Vida Capital](https://altss.com/profile/nova-vida)
- [Novel Capital](https://altss.com/profile/novel-capital)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/novax

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