Vegvisir Secures Venture Backing to Become the Operating System for Allied Warfare

Tallinn, 29.06.2026 – Estonian defence tech company secures backing from the Baltic Sea region's most active defence-focused VC fund, as it accelerates development of a unified operational interface for manned and unmanned systems across all domains.

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Vegvisir, the Estonian defence technology company building the command and control software layer for the multi-domain battlefield, today announced a venture investment from Iron Wolf Capital (IWC), a leading European venture capital fund investing at the intersection of deep tech and defence technology in the Baltic Sea region and Ukraine. The investment will accelerate Vegvisir's product development, deepen integrations with allied unmanned platform providers, and expand its pipeline with commercial and government customers across NATO member states.

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Vegvisir's platform addresses one of the most pressing unsolved problems in modern warfare: the absence of a unified, interoperable software layer capable of connecting, visualising, and commanding manned and unmanned systems across ground, air, maritime, and sub-sea domains at operational scale. Unmanned systems have moved from experimental to operational across allied armed forces, but the command and control infrastructure required to exploit them effectively remains fragmented, proprietary, and platform-specific. Vegvisir is building the connective layer that bridges that gap: a software-native, platform-agnostic operational interface with AI-driven detection and decision support built in from the ground up — designed to reduce cognitive load on operators managing assets across multiple domains simultaneously.

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The company's long-term ambition is to become to allied warfare what air traffic control became to global aviation – the single command interface through which all actors, assets, and decisions flow, regardless of origin or nationality. Proprietary, fragmented command architectures are the single largest obstacle to effective multi-domain operations. Vegvisir intends to make them obsolete.

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"This investment marks the beginning of our next phase, moving from deep product development into operational deployments and commercial scale. Iron Wolf Capital understands the problem we are solving at a level that goes beyond the financial opportunity. Their footprint at the front line of NATO's Eastern Flank, and their relationships across Baltic and Central European defence and policy circles, give us a strategic amplifier that capital alone cannot buy. This is the partnership we were looking for," highlighted Ingvar Pärnamäe, Co-Founder & CEO of Vegvisir.

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The investment draws strong validation from Vegvisir's existing shareholder base, including Kuldar Väärsi, CEO of Milrem Robotics, one of Europe's foremost developers of unmanned ground systems and a key participant in NATO's robotics and autonomous systems programmes, and a personal investor in Vegvisir. Väärsi's involvement reflects a wider thesis that the hardware and software layers of the future battlefield must co-evolve, and that the Estonian and Baltic defence industrial base is capable of fielding both.

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"Milrem is building the software defined robotic systems that future forces will depend on. Vegvisir is building the software layer that makes those systems operationally more capable and easier to adapt. My investment in Vegvisir has always reflected the belief that the future battlefield will be dominated by software defined systems where different products and technologies will be interoperable through shared architecture. The team at Vegvisir has the technology and the ambition to own a software layer which makes adaptation of robotics seamless at the alliance level. Iron Wolf Capital's backing accelerates that vision, and I look forward to what we can now build together," shared Väärsi.

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For Iron Wolf Capital, the investment in Vegvisir represents the continuation of a deliberate and accelerating conviction in the Baltic Sea region's defence technology. The fund's recent investments in UFORCE, Ukraine's first defence technology unicorn, and Onodrim Industries reflect the same thesis, that European founders operating in proximity to the sharpest end of the security threat environment are best placed to build the platforms that will define the next generation of warfare. IWC views Vegvisir as the software layer for future warfare, connecting and multiplying the value of the physical systems that the broader ecosystem is developing.

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"We invest where technology meets an irreversible shift in how the world operates. The transition to multi-domain unmanned operations is exactly that kind of shift, and it demands a software-native, platform-agnostic solution that no existing player has adequately built. Vegvisir has the architecture, the team, and the ambition to own that space. We believe that over the next decade, Vegvisir can become one of the defining names in European defence technology, and this investment is our commitment to helping them get there," said Kasparas Jurgelionis, Managing Partner at Iron Wolf Capital.

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The announcement comes at a moment of structural urgency across European defence. NATO member states have committed to significant increases in defence spending, and allied procurement agencies are actively seeking interoperable, software-native command solutions capable of operating across multi-national force structures. Vegvisir, headquartered in Estonia, one of NATO's most digitally advanced and defence-committed member states, is positioned at the centre of that demand, with a platform architecture built for alliance-scale interoperability from inception.

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About Iron Wolf Capital

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Iron Wolf Capital is a leading European venture capital firm focused on backing globally ambitious startups in the Baltic Sea region and Ukraine at the forefront of deep tech, artificial intelligence, and defence, security, and resilience. With a portfolio that includes defence tech companies like UFORCE, Onodrim Industries, and Vegvisir, IWC backs founders building technology with genuine operational relevance at the European and global stage. www.ironwolfcapital.com 

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