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We invest primarily in Ukrainian, but also non-Ukrainian, DefenceTech companies within both military and civil defence. In Q3 and Q4 2025, we completed three investments in Ukrainian defence-tech companies. Two are public — Norda Dynamics and Himera — and one remains undisclosed. We are currently progressing with a fourth investment. More to come. Our name comes from the Swedish Vikings – the Varangians – who travelled to Ukraine and Kyiv around the year 800. Together with the Ukrainians, they played a significant role in the early history of the region. So will we.

Website https://varangians.se/
Employees 4 (3 on RocketReach)
Founded 2025
Industry Defense and Space Manufacturing

Varangians Questions

Pär Lager is the Partner and Co Founder of Varangians.

3 people are employed at Varangians.

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