Varangians

About

Varangians is a Swedish investment group founded in 2025 and headquartered in Stockholm. Led by CEO Pär Lager, the company focuses on supporting Ukraine’s defense technology sector, with particular attention to drone systems, robotics, and electronic warfare innovations. Varangians aims to accelerate the growth of Ukrainian startups developing advanced military and dual-use technologies by providing capital, strategic guidance, and access to international markets. Through targeted investments in unmanned systems and autonomy solutions, the group strengthens Ukraine’s technological resilience and helps integrate its defense innovations into the global ecosystem.

Details

Products:

• Investment funds focused on defense and UAV technologies
• Financial support programs for early-stage startups
• Strategic partnership frameworks for drone and EW companies
• Innovation acceleration and scaling programs

Services:

• Venture capital and seed funding for defense tech startups
• Business development and market entry support
• Technical mentorship and R&D consulting
• Networking with international defense and tech investors
• Strategic guidance for UAV and EW technology commercialization