Foxway AB

Foxway AB is a Swedish provider of circular tech solutions, focused on delivering new and refurbished devices along with services that extend technology lifecycles, while promoting sustainability. Founded in 2009 and headquartered in Vxj, Sweden, Foxway AB, formerly known as Xllnc Nordic AB, specializes in circular tech solutions. The company has undergone strategic shifts to align its operations with sustainable practices. It has been involved in two significant deals, with the most recent transaction occurring on June 19, 2023.

The founder's history is not detailed, and the company operates independently without any noted parent or subsidiary relationships. In March 2026, Nordic Capital and Norvestor invested USD 32. 5 million in the company. Foxway specializes in providing circular tech solutions, focusing on the sale of new and refurbished devices alongside services such as Device as a Service (DaaS), asset recovery, and buyback solutions.

The core offerings are designed to serve businesses, public organizations, original equipment manufacturers (OEMs), mobile network operators (MNOs), and retailers, facilitating the extension of technology device lifecycles while promoting sustainability. Their services address various use cases, including the management of outdated tech, the monetization of unused devices through bulk buyback programs, and enabling schools and municipalities to effectively integrate technology into learning environments. Foxway's products are marketed primarily across Europe, ensuring the delivery of sustainable tech solutions that align with the principles of circularity and responsible consumption. In the most recent fiscal year, Foxway generated revenue of USD 149.

50 mn. The company generates revenue through a combination of direct sales, B2B transactions, and subscription-based services. It engages in bulk device buyback transactions, allowing clients to recover value from pre-owned tech, while also offering subscription plans for high-end devices through its DaaS model. This dual approach positions Foxway to cater to both retail and wholesale clients, creating opportunities for increased customer loyalty and revenue through trade-in solutions.

While specific pricing details for their offerings are not disclosed, the company’s flagship services include the refurbishment and resale of premium devices, which contribute to their overall revenue structure by ensuring clients receive value from both new and refurbished tech solutions. As of June 19, 2023, Nordic Capital acquired a majority stake in Foxway AB, enabling the company to pursue its next phase of growth and expand its customer base. Future plans include launching new products designed to enhance its circular tech offerings. The recent investment will support initiatives aimed at expanding into new markets across Europe, although specific target regions have not been detailed.

This strategic move positions Foxway to leverage additional resources for its growth trajectory.