Darkstar Defence Fund

Estonia
Seed
Share

About Darkstar Defence Fund

DefenceTech, Battlefield-Proven Tech, Drones, C2/C4ISR, Cybersecurity, Electronic Warfare, Sensors

Investment Focus

Location / RegionEstonia
Funding StageSeed
Industry Focus
Cybersecurity
Defense
Robotics Automation

Investor Signals Profile

active

Sweet Spot

Defence tech founders with battlefield-ready, exportable products

defence tech
EU/NATO security
Ukraine bridge
dual-use & military
battlefield validation

Bullish Signals

100+ companies across 6 bootcampsexternal
50+ combat units as validation partnersexternal
Prototype to deployment in weeksexternal
On-spot purchase orders at bootcampsexternal
Summer 2026 bootcamp already scheduledexternal
30+ long-term military partnerships forgedwebsite
EU startups achieving first Ukrainian deploymentswebsite
Record military units at Spring 2026website
Coalition: unicorn founders + military veteranswebsite
Procurement reform & banking frameworks activewebsite

Contrarian Signals

No named GPs — coalition structure opaqueexternal
Active war zone operational dependencyexternal
Single-use munitions ethics riskexternal
Ukraine-centric geography limits scalabilitywebsite

Founder Do's

Have deployable, field-testable product
Focus on EU, Ukraine, Nordics, CEE
Seek military unit partnerships early
Show real-world battlefield applicability
Engage with procurement & export markets

Founder Don'ts

No PowerPoint-only, lab-stage demos
Don't ignore ethical/IHL compliance
Avoid pure civilian-only use cases

Unlock Investor Signals

$29/month for full signal access. Cancel anytime.

Fund Overview

Fund Size€15M
Saves0

Key People

Ragnar Sass, Dr. Mart Noorma

Related Funds

Yolo Investments Fund II

€100M
Estonia
Seed
Saas, Gaming, Ai Ml, Web3 Infrastructure
Fund Manager:Tim Heath, Julian Buhagiar, Steve Tsao
Seed
Saas
Gaming
Ai Ml
Web3 Infrastructure

BADideas.fund

$22M
Estonia
Pre Seed
Saas, Ecommerce, Ai Ml
Fund Manager:Raimonds Kulbergs
Pre Seed
Saas
Ecommerce
Ai Ml

BSV Ventures

€15M
Estonia
Pre Seed
Ai Ml
Fund Manager:Erik Bhullar, Andrius Milinavicius, Sandra Golbreich
Pre Seed
Ai Ml