Ragnar Sass

Co-founder and general partner at Darkstar, an Estonian VC firm investing in military applications. Key figure in the Estonian startup ecosystem and co-founded PipedDrive.

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Jul 10, 2025 • 9min

European VC breaks taboo by investing in pure defense tech from Ukraine’s war zones

Ragnar Sass, co-founder and general partner at Darkstar, discusses the groundbreaking shift in venture capital focused on defense technology amid the Ukraine conflict. He shares insights on how Darkstar aims to raise €25 million to connect innovative startups with military needs. The conversation highlights the importance of battle-tested products in enhancing European defense capabilities, breaking traditional investment taboos, and the unique opportunities presented by the ongoing war in Ukraine.

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