Final Frontier, a Copenhagen-based venture capital fund, has raised â¬4.5 million to invest in Nordic space and defense technology startups. Backed by prominent figures from the Danish defense sector, including former NATO Secretary General Anders Fogh Rasmussen, this fund aims to provide crucial private capital to invigorate a stagnant defense industry. The fund's establishment reflects a growing recognition of the need for innovation in defense technology amidst global tensions, with aspirations to enhance Europe's strategic independence in security matters.
The Nordic defence industry needs private capital to support emerging defence tech companies and drive innovation in what is otherwise a stagnant sector. We are the first to do this in Denmark.
It's time to act. Developing a strong and resilient defence industry also requires private capital. That's why I'm stepping in and supporting Final Frontier personally as an investor.
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