Apohem raises SEK 16M more capital from Novax and Axfood

Apohem, a Stockholm, Sweden-based company selling online pharmacy products, secured SEK 16M ($2M) in fresh capital added to the company. The money is provided by existing investors, Novax and Axfood, and will be used to further prepare the launch of the online shop. The investment round values the company at SEK 49M.

Apohem was founded in 2017 under the name Hubia by local entrepreneurs Kim Persson, Johan Bergenheim and Henrik Patzer, and was launched in June 2018.