Final Frontier Funding News- Danish VC Final Frontier Secures Funding From Former NATO Secretary

This small fund aims to support early-stage startups in the Nordic region, especially those working with drone technology, mine clearance, surveillance, and air defence.

The fund’s first investments will be announced later this year. In the future, Final Frontier plans to raise a much larger fund in 2026 to invest in bigger and later-stage companies.

One of the key investors is Anders Fogh Rasmussen, former Danish Prime Minister and NATO Secretary General. Other well-known backers include Michael Holm (CEO of defence tech company Systematic), Dan Hermansen (MyDefence), Ulrik Jørring (Nordic Alpha Partners), and Christian Herskind (a brigadier general in the Danish reserve).

“It’s a great proof of concept that we have mobilised such a formidable band of experts. We’re preparing a number of exciting investments that showcase the sector’s potential, so now is the time to get involved. 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 deliver,” says Niels Vejrup Carlsen, who founded Final Frontier in 2024 after 17 years at the Danish venture fund Seed Capital.

Without private capital boosting competitiveness in the defence sector, Europe’s new increased defence budgets risk being consumed by rising costs.

Meanwhile, the war in Ukraine has revealed how critically important it is to be technologically innovative and agile to succeed on a modern battlefield.

According to former General Secretary of NATO, Anders Fogh Rasmussen, those in the Nordics must assess the current security landscape and build their own defence capabilities to ensure they can defend themselves and remain strategically independent in future conflicts.

“It’s time to act. As I have said repeatedly, developing a strong and resilient defence industry also requires private capital. That’s why I’m actively supporting Final Frontier as an investor.”

“We want to appeal to pension funds and large fund investors to get involved in this agenda,” says Niels Vejrup Carlsen.

“Europe is in an existential crisis and by investing in this area, you can really make a positive difference."

He asserts that the Nordic region is poised to become a key hub in Europe’s rearmament efforts.

"We have the economic strength, a highly educated talent pool, a strong entrepreneurial culture, and a critical geopolitical position; bordering Russia to the east and strategically located in the Arctic. It is a good time to invest."

About Final Frontier

Final Frontier is a creative company focused on making beautiful and inspiring work. They specialize in animation for ads, entertainment, live experiences, and artistic projects.