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.
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2025
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Frequently asked questions
When was Varangians founded?
Varangians was founded in 2025.
What industry is Varangians in?
Varangians operates in Defense and Space Manufacturing. Find similar Defense and Space Manufacturing investors on gritt.io.