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Niels Vejrup Carlsen

Founding Partner of Final Frontier, Denmark's first aerospace and defence VC fund, after roughly 17 years at Danish venture firm SEED Capital where he led investments in Trustpilot, Lunar, Vivino, and Dixa.

Niels Vejrup Carlsen is the Founding Partner of Final Frontier, a Copenhagen-based Nordic venture capital fund he launched in October 2024 to back founders across satellite systems, propulsion, drones, cybersecurity, and autonomous platforms in support of European strategic autonomy in space and defence. He spent roughly 17 years at SEED Capital, a Danish venture capital firm, where he led investments in and held board seats at Trustpilot, Lunar, Vivino, and Dixa, rising from Investment Manager to Investment Director to Partner over that tenure. He holds an engineering education from the Technical University of Denmark (DTU, 1987-1992). Final Frontier's first fund, 'Liftoff,' closed at EUR4.5M in 2025, backed personally by former NATO Secretary-General and Danish Prime Minister Anders Fogh Rasmussen; a larger fund targeting up to EUR150M is being raised for 2026. He is based in Copenhagen, Denmark.

Overview

Role
Founding Partner, Final Frontier
Based in
Copenhagen, Denmark
Prior experience
SEED Capital

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Affiliated funds1

Frequently asked

Who is Niels Vejrup Carlsen?
Niels Vejrup Carlsen is the Founding Partner of Final Frontier, a Copenhagen-based Nordic venture capital fund he launched in October 2024 to back founders across satellite systems, propulsion, drones, cybersecurity, and autonomous platforms in support of European strategic autonomy in space and defence. He spent roughly 17 years at SEED Capital, a Danish venture capital firm, where he led investments in and held board seats at Trustpilot, Lunar, Vivino, and Dixa, rising from Investment Manager to Investment Director to Partner over that tenure. He holds an engineering education from the Technical University of Denmark (DTU, 1987-1992). Final Frontier's first fund, 'Liftoff,' closed at EUR4.5M in 2025, backed personally by former NATO Secretary-General and Danish Prime Minister Anders Fogh Rasmussen; a larger fund targeting up to EUR150M is being raised for 2026. He is based in Copenhagen, Denmark.
What is Niels Vejrup Carlsen's role?
Niels Vejrup Carlsen is Founding Partner, Final Frontier, based in Copenhagen, Denmark.
Where did Niels Vejrup Carlsen work before?
Niels Vejrup Carlsen's prior roles include SEED Capital.

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Sources & citations4

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  1. 1

    Niels Vejrup Carlsen launched Final Frontier, Denmark's first aerospace and defence VC fund, in October 2024 after leaving SEED Capital, where he had worked for 17 years and led investments in Trustpilot, Lunar, Vivino, and Dixa

    Tech.eu: Niels Vejrup Carlsen launches Final Frontier, Denmark's first aerospace and defence VC fund
    Verified2024-10-02
  2. 2

    Niels Vejrup Carlsen, a venture veteran who broke away from SEED Capital, has an engineering degree from DTU and is founding a new Danish fund aiming to invest DKK 1 billion in space and European defence

    Børsen: Ventureveteran bryder ud af Seed Capital og stifter ny fond
    Verified2024-10-01
  3. 3

    Niels Vejrup Carlsen is the founding partner and frontperson of Final Frontier, Denmark's first defencetech fund, and previously spent 18 years at SEED Capital

    24Victoria: Final Frontier er Danmarks forste defencetech-fond
    Verified2025-06-19
  4. 4

    Niels Vejrup Carlsen discovered and invested in Trustpilot founder Peter Muhlmann in 2008 while at SEED Capital, bridging the company for three years before its Series A, and later rose from Investment Manager (2007) to Investment Director (2011) to Partner (2015)

    Equilar: Niels Carlsen, SEED Capital — Executive Bio
    Reported2026-08-11