20. Ted Elvhage: Rymdkapital & Expansion Ventures – The Nordic Case for Space [ENG]
Nordic Hardtech Podcast (formerly Hårdvarupodden)23 Huhti 2025

20. Ted Elvhage: Rymdkapital & Expansion Ventures – The Nordic Case for Space [ENG]

Episode 20 – The Nordic Case for Space

Ted Elvhage, founder of Rymdkapital and Expansion Ventures, joins us to talk spacetech, hardtech investing, and why Europe needs to catch up. From early bets like Pythom Space to advice for angel investors—this is a fast, sharp dive into one of hardtech’s most complex frontiers.


Rymdkapital is a Sweden-based investment firm focused on early-stage spacetech startups. It backs founders developing breakthrough technologies with potential impact both in orbit and on Earth.

Expansion Ventures is a venture capital firm that invests in Aerospace & Defence companies across Europe, with a focus on deeptech, dual-use technologies, and long-term impact.


In this episode

✅ Why space tech is becoming a serious frontier for European investments

✅ What it takes to build and back deeptech in a capital-heavy industry

✅ How dual-use tech opens doors in both civil and defense markets

✅ Why Europe risks falling behind—and what can be done about it

✅ What early-stage investors should know before betting on spacetech



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