Ted Elvhage is a founding and general partner at Expansion Ventures. See sector focus and contact routes.
Ted Elvhage is a founding and general partner at Expansion Ventures, a pan-European seed-stage fund focused on sustainable aerospace and defense, and previously founded Rymdkapital, the Nordics’ first space-focused VC. His investment thesis targets European founders in aerospace, defense, new space, and new air mobility, with a geographic focus spanning France, Luxembourg, and Sweden. Expansion Ventures invests from pre-seed to Series B, though Elvhage’s personal angel activity includes over 60 early-stage advanced technology investments since the early 2000s. While specific check sizes and lead/follow behavior for his personal investments are not publicly detailed, he is recognized as an angel investor with 10 documented angel investments. Notable portfolio companies include Fingerprint Cards and E14 Invest, where he serves on the board, alongside ventures supported through Expansion in satellite systems, space data, and AI-driven defense. Elvhage chairs the EBAN Executive Committee for Space & Defence, promotes European space innovation, and co-hosts Investpodden.se, a top Nordic podcast for angel investors and startups.
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