What stage does RECAPEX invest at?

RECAPEX invests at the Seed stage.

Where is RECAPEX located?

RECAPEX is headquartered in Stockholm, SE.

RECAPEX

Venture capital

Stockholm · Seed · 7 people tracked

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✨ Fox Verdict

Investment thesis

RECAPEX centers its work on driving digital change across the Nordic region, combining a passion for technology with a grounding in metrics and financials. Over two decades it has operated on all sides of the market — representing incumbents protecting their home markets, backing or acting as entrepreneurs challenging established structures, and partnering with international technology players seeking to enter the Nordics. The firm aims to bring the region's roughly 27 million tech-savvy citizens access to a world-class ecosystem of digital products and services, supporting international market roll-out, scale-up of Nordic ventures, and digital strategy for established brands.

Invests inConsumer Media & Entertainment Mobility & Transportation Retail TechSector AgnosticDenmark Europe Finland Norway Stockholm Sweden

Source: firm website, verified Aug 3, 2026.

Stage

Seed

Stockholm, SE

Team · 7 people

from the firm's website

Christopher Persson· Founding Partner· London, England, United Kingdomin

Christopher Persson is an entrepreneur with a background in banking, having worked at Alfred Berg Investment Bank in Stockholm where he contributed to building the socially responsible banking brand Banco Fonder. He later moved from Stockholm to London to establish the UK arm of the consultancy firm BTS Group. Since BTS's flotation, he has founded and grown multiple companies, expanding them internationally across Europe and the US.

Johan Siwers· Founding Partner· Stockholm, Swedenin 𝕏

Johan Siwers is a Founding Partner (also described as General Partner) at RECAPEX, focusing on digital technologies that transform consumer behavior and industries. Over more than 20 years he has worked with companies including Axel Johnson, Kinnevik, Spray, Schibsted and InterActive Corp (IAC), where he helped roll out match.com across Europe and led Scandinavia Online at Schibsted. More recently he has focused on D-Ax, a corporate venture vehicle formed as a partnership between RECAPEX and the Axel Johnson group to drive digital transformation of a retail group.

Niklas Eklund· Founding Partner· Greater Stockholm Metropolitan Areain

Niklas Eklund began as a programmer at age 15 and moved into entrepreneurship across a range of technology and software companies. Over roughly 20 years as a serial entrepreneur he developed experience in the strategic, operational, and financial aspects of building companies. For the past 7 years he has built and led investment companies focused on digital growth companies.

Cathrine Siwers· Partner· Stockholm, Stockholm County, Swedenin

Cathrine Siwers is a senior financial executive with experience across entrepreneurial, investor, and corporate settings, focused on financial management of large and complex organizational structures. She has previously worked with companies including EF Education, Nordic Capital, and Akademiska Hus, and now applies that experience within client organizations.

Helena Ehnbom· Partner· Greater Stockholm Metropolitan Areain

Helena Ehnbom is a digital brand and marketing leader with about 20 years of experience across digital companies. She previously served as General Manager at lastminute.com and Marketing Director at IAC-owned Match.com, and has worked with Daimler-owned mytaxi in the mobility sector. More recently she has advised startups on brand strategy and helped international digital companies enter the Nordic market.

Ludvig Hedlund· Head of e-Commerce UK, Facebook· Londonin

Ludvig Hedlund is a cross-border growth and strategy leader with over ten years of commercial experience in marketing strategy, data analysis, and creative development. He began his career at Match.com in Stockholm before joining Facebook's EMEA headquarters in Dublin in 2012, later managing the Nordics and now serving as Head of e-Commerce UK at Facebook in London. He is also a co-founder of an e-commerce business.

Patrick von Schenck· Associated Partner· Stockholm County, Swedenin

Patrick von Schenck holds a degree from the Stockholm School of Economics and has around 20 years of experience across media and entertainment, internet, venture capital, and hedge funds. He previously held senior management roles at Kinnevik/MTG and Schibsted and was CEO of the internet startup Bidlet, which he grew into a large Scandinavian e-commerce company before its acquisition by QXL. Since 2011 he has been a Senior Partner at JP Cornerstone, a Nordic executive search firm focused on digital, technology, retail, and entertainment.

Frequently asked questions

What stage does RECAPEX invest at?: RECAPEX invests at the Seed stage.
What sectors does RECAPEX focus on?: RECAPEX focuses on Consumer, Media & Entertainment, Mobility & Transportation, Retail Tech, Sector Agnostic.
Where is RECAPEX located?: RECAPEX is headquartered in Stockholm, SE.

Media · Podcasts & interviews

featuring the team

Balance Between the Young & Old - Johan Siwers, Recapex Sweden

Will Palley · Johan Siwers

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