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Danish defense funds merge – aim to raise EUR 100 million

Final Frontier and Myriad have merged to form a single defense fund targeting EUR 100 million and are seeking to attract more Norwegian companies.

Nordic Startup News desk Based on reporting by Shifter · Single-source report
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Final Frontier and Myriad have combined to form a single defence-focused fund and are targeting EUR 100 million in capital. The merged entity has made clear that it wants to attract more Norwegian companies into its portfolio.

As part of the consolidation, the fund’s backers have warned that Norway risks losing entrepreneurs to Denmark if local opportunities are not competitive. The merger brings two players together under one fundraising effort with a stated aim of building a larger pool of capital to support defence-related ventures.

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ShifterNO source · English rendering Open source

Danish defense funds merge – aim to raise EUR 100 million

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  1. Company history

    Final Frontier and Myriad Defence join forces to build €100M Nordic defence tech fund

    These reports cover different developments involving the same company or organisation.

    ArcticStartup
    Why linked? View evidence
    Final Frontier and Myriad Defence join forces to build €100M Nordic defence tech fundRecorded source excerpt · original wording
    Final Frontier and Myriad Defence are joining forces to create a larger New Nordic venture platform focused on early-stage defence technology. Final Frontier, founded in 2024, and Myriad, launched in 2025, have backed a combined 15 companies and will now operate under the Final Frontier brand, bringing together Final Frontier’s defence and geopolitical expertise with [...]
    ArcticStartup ↗
    Danish defense funds merge – aim to raise EUR 100 millionRecorded source excerpt · original wording
    Final Frontier og Myriad blir ett fond og sikter mot 100 millioner euro. Nå vil de ha flere norske selskaper, og advarer om at Norge kan miste gründerne sine til Danmark.
    Shifter ↗
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