October 9, 2026October 11, 2026 2 min reading Investments Swedish group Varangians has invested in two Ukrainian defence startups and is preparing at least three more deals One of the startups produces mid- and deep-strike drones, while the other works on AI-based target recognition
June 16, 2026June 17, 2026 2 min reading Investments Swedish investment group Varangians closes €10m fund to back Ukrainian defence tech The team has already invested in four companies and plans to close two more deals by the end of summer
February 19, 2026February 25, 2026 8 min reading Ecosystem Beetroot Defence: First сlients, сourses and partnerships. A blitz Interview with Andreas Flodström and Oleh Krisenko How the new unit will integrate Beetroot’s education, engineering, advisory and investment services in defence domain
February 19, 2026February 19, 2026 2 min reading Ecosystem Beetroot’s tech ecosystem launches Beetroot Defence The new direction covers education, engineering and investment in defence tech
December 18, 2025December 23, 2025 4 min reading Investments, Startups HIMERA raises $2.5 million: where the money will go and why investors believe in the company Explained by co-founder and CEO Misha Rudominsky, together with the company’s investors — UA1, Varangians, and Green Flag
September 22, 2025December 1, 2025 3 min reading Investments, Startups Ukrainian drone autonomy developer NORDA Dynamics raises $1M with Varangians as lead investor The Underdog autonomy module is the most widely used system for guiding UAVs to their targets in the combat zone, the company says
