Axel Johnson becomes partner in Matsmart
D-Ax, Axel Johnson's arm for investment in startup companies, becomes partner in Matsmart. Matsmart (www.matsmart.se) is an e-commerce business selling food and other groceries that in many cases would otherwise have been thrown out. The reasons vary, but it often depends on packaging changes, seasonal items, as well as short or passed best-before dates.In 2016, Matsmart saved 708 tonnes of food from being destroyed and the company currently runs at an annualized turnover of just over 200 million. Matsmart was launched in Sweden in 2014 and has since expanded to Norway and Finland. Today,