D-Ax was Axel Johnson’s early-stage investment operation, formed with RECAPEX to back digital businesses primarily in the Nordic region, combining retail, trade, and services experience with digital-business investment expertise.

Stockholm, Sweden · 3+ investments · 2 portfolio companies

Early Stage
E-Commerce
Fintech
Food Tech
Logistics
Retail
Headquarters
Stockholm, Sweden
Founded
2013
Website
d-ax.se
Portfolio Companies
2
Total Investments
3
Last Investment
Oct 2019
Geographic Focus
Europe

Investment Thesis

D-Ax combines Axel Johnson's retail, trade, and services expertise with digital-business networks to back innovative companies and support long-term scaling.

D-Ax is a Venture Capital firm based in Stockholm, Sweden. It has made 3 investments, including Motatos and Winnow. Focus areas include E-Commerce and Fintech.

Portfolio2

Co-investors15

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15 co-investors across 17 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×10 · Private Equity ×2 · Corporate VC ×1 · 9 shared rounds

Investment History

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