# Axfood

> Axfood is a VC fund in Stockholm backing Grocery and Internet. See 1 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Stockholm, Sweden
- Total investments: 1
- Last investment: May 2023
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/338534?trk=tyah&trkInfo=tas%3Aaxf%2Cidx%3A3-1-3
- Website: https://x.com/axfood
- Facebook: https://www.facebook.com/axfoodkoncernen/

Axfood is a VC fund in Stockholm focused on Grocery and Internet. Axfood AB conducts food retail and wholesale business in Sweden. Retail business is conducted through the wholly owned store chains Willys and Hemköp, comprising 263 stores in all. In addition, Axfood collaborates with a large number of proprietor-run stores that are tied to Axfood through agreements. These include stores within the Hemköp chain aswell as stores run under the Handlar’n and Tempo brands. In all, Axfood collaborates with approximately 820 proprietor-run stores.B2B sales are conducted through Axfood Närlivs and the wholly owned Axfood Snabbgross chain. Wholesaling is conducted through Dagab. Axfood is listed on Nasdaq Stockholm AB’s Large Cap list. Axel Johnson AB is the principal owner, with 50.1% of the shares.

## Contacts

5 contacts available for Axfood. Shizune tracks 2 team members at Axfood. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/axfood?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Grocery | 1 | 100% |
| Internet | 1 | 100% |
| E-Commerce | 1 | 100% |
| Food and Beverage | 1 | 100% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Carl Stenbeck | Head of Strategy and Business Development | 1 | https://shizune.co/investors/profile/carl-stenbeck |
| Klas Balkow | President & CEO | 0 | https://shizune.co/investors/profile/klas-balkow |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| MatHem | MatHem is an e-commerce company that combines a complete grocery store online with recipes and subscriptions for ready-made groceries. It delivers food to Swedish homes 7 days a week. The company also combines a full grocery store online with prescription and subscription finished shopping bags. MatHem offers a broad range of grocery products andadjacent household consumables, catering to more than half of Swedish households. The company food is delivered to your door with their own temperature-controlled to ensure an unbroken cold chain.Mathem.se has been awarded The Grocery Website of the Year (Årets matsajt) in 2010, 2011 and 2013 by the Swedish online magazine Internet world. It was founded in 2009 and is based in Stockholm, Sweden | $95.7M | Venture - Series Unknown | May 17, 2023 |  |

1 of 1 investments shown.

## Co-investors
- [Kinnevik](https://shizune.co/investors/profile/investment-ab-kinnevik) — VC Fund, 2 deals together
- [AMF](https://shizune.co/investors/profile/amf) — VC Fund, 1 deal together
- [Bonnier Capital](https://shizune.co/investors/profile/bonnier-ventures) — VC Fund, 1 deal together
- [Verdane](https://shizune.co/investors/profile/verdane) — VC Fund, 1 deal together
- [VNV Global](https://shizune.co/investors/profile/vostok-nafta-investment) — VC Fund, 1 deal together

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## FAQ

### What does Axfood invest in?

Axfood invests primarily in Grocery, Internet and E-Commerce startups, most often at Venture - Series Unknown stage. Most of the 1 investments tracked by Shizune back companies in Sweden. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Axfood?

Public channels for Axfood include LinkedIn, the website linked on this profile and Facebook. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Axfood?

The team at Axfood includes Carl Stenbeck (Head of Strategy and Business Development) and Klas Balkow (President & CEO). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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