Varangians
Overview
Varangians is a venture capital firm based in Stockholm, Sweden that invests in DefenceTech companies within both military and civil defence, with a primary focus on Ukrainian companies.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| HIMERA | Dec 2025 | Seed | Co-investor |
| NORDA Dynamics | Sep 2025 | Seed | Lead |
Key People
Andreas Flodström
Chairman of the Board and Co-founder
Pär Lager
CEO Co-founder
Jonas Rydin
Partner
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Varangians based?
Varangians is headquartered in Stockholm, Sweden.
When was Varangians founded?
Varangians was founded in 2025.
How many portfolio companies does Varangians have?
Varangians has 2 portfolio companies in Caplight's dataset.
What are some companies in Varangians's portfolio?
Portfolio companies visible on Caplight include HIMERA, NORDA Dynamics.
What was Varangians's most recent investment shown here?
Varangians's most recent investment in this portfolio sample was in HIMERA in 2025.
What sectors does Varangians focus on?
Varangians focuses on Frontier & Industrial Tech, Frontier & Industrial Tech, Enterprise Software, Telecommunications & Networking.
What company stages does Varangians focus on?
Varangians typically invests at the Early stage.