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Rymdkapital is a Swedish venture capital firm established in January 2020, dedicated to the space industry. The firm was founded to create a competitive and diverse space ecosystem in Europe, focusing on the commercialization of space technologies. Rymdkapital aims to attract innovative entrepreneurs and investors to the Nordic and European space sectors, emphasizing the critical role of technology and entrepreneurship in developing sustainable solutions.
As of now, Rymdkapital manages an undisclosed amount of assets under management (AUM) and has made investments in five companies. The firm operates primarily from Sweden and is recognized for its commitment to fostering growth in the SpaceTech sector. Rymdkapital also co-manages the €300 million Expansion Ventures fund, which focuses on European aerospace, including New Space and Urban Air Mobility.
Rymdkapital specializes in investing in SpaceTech ventures, particularly those led by entrepreneurs with innovative ideas that leverage the advantages of space. The firm typically invests around €150,000 per company and seeks to provide additional value beyond financial support. This includes coaching and industry connections, which are crucial for startups navigating the complexities of the space sector.
The firm focuses on early-stage investments, ranging from angel to Series A rounds. Rymdkapital emphasizes the importance of technology and entrepreneurship in creating sustainable solutions within the space industry. Their investment strategy is designed to support the commercialization of space technologies, thereby enhancing the competitive landscape in the Nordic and European regions.
Rymdkapital's portfolio includes five notable companies, each contributing to the advancement of the space sector:
This diverse portfolio reflects Rymdkapital's commitment to supporting various aspects of the space industry, from hardware development to broadband solutions.
Ted Elvhage — Founding Partner & Manager. Ted has over 20 years of investment experience in early-stage and scale-up companies across Sweden, Norway, the USA, and Taiwan. He has built a personal portfolio of over 45 companies spanning various sectors, including hi-tech, life sciences, real estate, and hospitality. Ted is a speaker at the European Angel Summit and Startup Grind Stockholm and is active in the Lean SpaceTech network. He is also a co-founding partner of Expansion Ventures, a France-Sweden VC fund.
Startups interested in pitching to Rymdkapital should visit their website at rymdkapital.se. It is recommended to include a comprehensive pitch deck that outlines the business model, technology, market opportunity, and team background. Rymdkapital values clarity and detail in pitches.
Response times may vary, but founders should expect to hear back within a few weeks after submission. Warm introductions are preferred, as they can enhance the chances of securing a meeting with the investment team.
In March 2023, Rymdkapital provided investment and support to Forsway, a Swedish satellite broadband solutions provider. This investment highlights Rymdkapital's commitment to supporting innovative companies in the space sector.
In 2024, Rymdkapital made two additional investments, further expanding its portfolio in the SpaceTech industry. The firm has maintained a steady pace of approximately 2.5 deals per year, reflecting its active engagement in the market.
What are Rymdkapital's investment criteria?
Rymdkapital invests in early-stage SpaceTech ventures, particularly those led by innovative entrepreneurs. The firm typically invests around €150,000 and looks for companies that leverage the advantages of space technology.
How can startups apply or pitch to Rymdkapital?
Startups can pitch to Rymdkapital through their website at rymdkapital.se. It is advisable to include a detailed business plan and information about the team and technology in the pitch deck.
What makes Rymdkapital different from other VCs?
Rymdkapital is the first Nordic VC dedicated exclusively to SpaceTech. They provide not only capital but also coaching and industry connections, leveraging a strong network in the EU and US space sectors.
What is the geographic scope of Rymdkapital's investments?
Rymdkapital primarily focuses on the Nordic and European regions, investing in companies that operate within the space technology sector.
What is Rymdkapital's post-investment involvement?
Rymdkapital actively supports its portfolio companies through coaching and connections within the industry, helping them navigate challenges and scale their operations.
What is the typical check size for Rymdkapital?
The firm typically invests around €150,000 in each of its portfolio companies, focusing on early-stage funding.
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