Wow! To say the least
Nordic Hardtech clearly hits home 🦾
What a start. Turns out there’s been a real need for a Nordic platform focused on founders and leaders building complex, physical tech. And the launch of our Nordic Hardtech Funding List—a database of investors who truly understand hardtech—sparked strong engagement on LinkedIn, literally giving us hundreds of reasons to keep building.
This time, we're leaving the Nordics—and even Earth itself. We’re heading to space with Ted Elvhage, founding partner at Rymdkapital and Expansion Ventures, Europe’s go-to VC for sustainable Aerospace & Defence. Spacetech is a growing force in the economy—and a rising frontier for hardtech investments. In this edition, we break down what’s driving it, and how to approach it.
Nordic Hardtech Partners 🤝
Nordic Hardtech is a community for builders of complex tech companies based on physical products. Here are some of our outstanding partners.

- The Yard — a combined coworking space and machine hall for startups in Gothenburg. A unique workspace with industrial feeling. Check out their memberships or take a tour.
- SISP — Swedish Incubators & Science Parks is the industry association for 63 incubators and science parks across Sweden. Members support innovation, sustainability, and investments. Find your incubator or science park here.
- Recuro — a growth partner for hardtech and deep tech companies. They help with strategy, marketing, and scalable business models to drive sustainable growth. Learn more and schedule an intro call.
This week we are happy to announce Recuro as our new partner. We will collaborate closely to help the hardtech community commercialize and scale their technologies—which is the core offering of Recuro. Recuro has previously worked with companies such as Nordic Air Defence, Securitas, Readioo, and many others.
Want to partner with Nordic Hardtech?
Nordic Hardtech Podcast 🎧
Ted Elvhage on spacetech and the final frontier
Episode #20: The Nordic Case for Space

"We just needed capital to unlock the ecosystem"
What does space have to do with Nordic hardtech, strategic resilience, and Europe's deep tech trajectory? According to Ted Elvhage, founder of Rymdkapital and co-founder of Expansion Ventures, the answer is: everything.
In a wide-ranging conversation, Elvhage unpacks why space is no longer a niche—it’s becoming a serious arena for Nordic entrepreneurs and investors building at the edge of hardware, complexity, and sovereignty.