When GPS goes dark, most drones go blind. We led the extension of Vermeer's Series A, bringing it to $10 million, because Vermeer is teaching drones to see without it.
Vision where GPS fails
Vermeer builds a visual positioning system that lets a drone navigate using up to four electro-optical and infrared cameras matched against map data, running on Nvidia chips, with no satellite signal required. In modern conflict, where jamming and spoofing are constant, that capability is the difference between a mission that works and one that fails. Vermeer's technology is already combat-proven, deployed with the Armed Forces of Ukraine against active electronic warfare.
Why we backed it
Vermeer is an American-Ukrainian company founded by Brian Streem, built quite literally in a war zone. The team has grown from 10 to 40 people, eight of them in Ukraine, and has earned more than 30 partners including the U.S. Army, the U.S. Air Force, Lockheed Martin, and Northrop Grumman, on top of more than $7 million in non-dilutive SBIR and AFWERX funding before our round.
“One of the reasons we backed Vermeer is the incredible rate of success they've achieved specifically in helping Ukraine strengthen its drone fleet.”
Andy Tang, Draper Associates
Brian says it best: building advanced technology in a war zone is not easy, but it is the only way to make it real. The goal is not just to give drones mass, but precision, intelligence, and purpose. That is a bet we are proud to lead.
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