- CEO
- Karl Frindberg
- Sector
- Retail trade
- Industry
- Internet retail
- Address
- Luleå Sweden
- IPO Date
- Oct 26, 2017
- Business
- VAXXA AB is a Sweden-based digital auction and e-commerce company that provides an online circular marketplace for commercial vehicles, heavy machinery, industrial equipment, and surplus assets. Founded in 2020 and headquartered in Luleå, Sweden, the company delivers asset realization and secondary market solutions to corporations, small and medium-sized enterprises, bankruptcy administrators, financial institutions, and private individuals across Sweden. VAXXA AB offers a systematic portfolio of digital and managed services, including: a self-service digital auction platform enabling private and business users to create, list, and monitor auctions using automated valuation tools and digital bidding infrastructure; a full-service auction brokerage service delivered through a nationwide network of local brokers who perform on-site inspections, asset appraisal, professional photography, listing management, and customer negotiations; bankruptcy and corporate liquidation services providing end-to-end asset valuation, inventory clearance, and debt recovery for bankruptcy trustees and restructuring estates; secure transactional and settlement solutions featuring escrow payment processing, digital contract execution, and title verification; and organized thematic auction formats, such as structured weekly vehicle trading days and specialized Sunday auctions. The platform facilitates the trade of a diverse range of merchandise categories, comprising passenger cars, light commercial vans, heavy transport trucks, and recreational vehicles; earthmoving, roadwork, and civil engineering equipment; agricultural, forestry, and landscaping machinery; manufacturing machinery, workshop tools, and industrial equipment; and surplus building materials and commercial inventory. In recent corporate developments, the company completed a major corporate reorganization through the reverse acquisition of Vaxxa AB by Augeo Group AB (formerly ESEN eSports AB), followed by a statutory merger of the operating entity into the listed parent company and the official corporate name change to VAXXA AB in July 2023. Trading on the Spotlight Stock Market under the ticker VAXXA, the company completed capital raises through rights issues of shares and warrants to fund technology investments and geographical expansion. Operationally, VAXXA AB has recently expanded its presence across Sweden through localized advertising initiatives tied directly to regional brokers, upgraded its self-service fraud prevention measures in major urban markets including Stockholm and Gothenburg, introduced dedicated category-specific auction schedules, and shifted strategic focus toward accelerating profitable revenue growth.