Nordstjernan Growth is an active partner to fast-growing tech companies.


Nordstjernan is a Swedish investment house with a 130-year heritage, owned by, and the primary funding source for, Axel and Margret Ax:son Johnson Foundation.

As an active owner in both public and private companies Nordstjernan has a net asset value in excess of EUR 4bn.

Nordstjernan Growth was established in late 2020 to channel its active ownership including network and experience to growth opportunities with the potential to become long term holdings.


Nordstjernan Growth aims to be a great partner to entrepreneurial management teams and active investors in growth companies.

We seek fast-growing tech companies with scalable business models and high potential.


    We invest

    • Where we can make a difference
    • With a strong sense of responsibility
    • To actively create, build and develop companies striving to become their best
    • Initial investments are targeted at EUR 5 –30 m

    As an owner

    • We realize that every journey is unique, yet has similarities, and draw from our experience creating a bespoke strategy for every investment relationship to capture its inherent potential
    • We form teams of great people thriving on the opportunity to do better