Vegvisir has raised fresh funding led by Iron Wolf Capital to finish building a platform-agnostic command system that unites crewed and uncrewed forces across land, air and sea
After a strong launch ahead of the Eurosatory expo, Estonian defence technology developer Vegvisir has annother big announcement. The company has raised fresh investment to finish developing its multi-domain battlefield command and control software, reports Ärileht. The round was led by Iron Wolf Capital (IWC), a European venture capital fund that invests in DeepTech and defence technology across the Baltic Sea region and Ukraine.
With the new backing, Vegvisir plans to speed up product development, improve the software’s compatibility with allied nations’ unmanned platforms, and broaden its customer base among public and private sector organisations in NATO member states.
Unmanned systems have moved from the testing phase into everyday use in modern warfare, but the command infrastructure needed to use them effectively has remained fragmented, tied to individual platforms and built around specific manufacturers. Vegvisir is tackling that problem by developing a platform-agnostic software layer.
How Vegvisir envisions the battlefield of the future
The operating environment it is building lets users connect, visualise and command both crewed and uncrewed systems operating on land, in the air, and on and under the sea. The software has AI-based target detection and decision support built in, which significantly eases the load on operators tasked with running systems across several domains at once.
The company’s longer-term ambition is to become as much of a standard in warfare as air traffic control systems are in global aviation: a single platform that links different parties and decision-making processes regardless of which country or manufacturer they come from.
Vegvisir co-founder and chief executive Ingvar Pärnamäe said the investment marks a shift for the company, from intensive product development towards real-world deployment and wider commercialisation. “Iron Wolf Capital’s experience in the security environment of NATO’s eastern flank, and its strong network in Baltic and Central European defence and policy circles, give us a strategic advantage that capital alone does not guarantee,” he explained.
Alongside the new lead investor, existing backers are continuing to support the company, among them Kuldar Väärsi, chief executive of Milrem Robotics. He reckons the future battlefield will be dominated by software-based systems that can work together smoothly through a shared architecture.
Iron Wolf Capital managing partner Kasparas Jurgelionis stressed that the move towards multi-domain unmanned operations calls for a solution no existing market player has so far managed to build well enough. “We believe that over the next decade Vegvisir could become one of the key players in European defence technology,” he said. He added that, with NATO countries ramping up defence spending, armed forces are actively looking for software-based solutions that support interoperability between different nations’ units in a shared operating environment.
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