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Ukraine-focused DefenceTech fund Varangians closes €9.1 million in Stockholm

Source: eu-startups.com 1 min read

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Ukraine-focused DefenceTech fund Varangians closes €9.1 million in Stockholm

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Stockholm-based DefenceTech fund Varangians, co-founded by Beetroot founder Andreas Flodström, closed over €9.1 million to back Ukraine’s DefenceTech ecosystem. It has invested in Norda Dynamics, Himera and Sine Engineering, with a fourth portfolio company undisclosed.

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