Vermeer

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.

We co-led Scout AI's $100 million Series A because the next decade of defense will not be decided by who has the most hardware. It will be decided by who has the best software running it.

The AI brain for autonomous defense

Scout AI is building Fury, a vision-language-action model that turns a commander's intent into coordinated action across fleets of drones, ground vehicles, and unmanned craft, including in the GPS-denied and communications-jammed conditions where today's systems fail. Think of it less as a better drone and more as the brain that lets thousands of them act together.

Founders Colby Adcock and Collin Otis started the company in 2024. In its first year, a team of 34 people booked $11 million in Department of War contracts, unveiled an orchestration layer called Ox, and publicly demonstrated a fully autonomous strike mission run end to end by AI agents.

Why we backed it

We have spent years backing founders who take on hard, unglamorous problems before the market is ready. Autonomous defense is one of the hardest. The round, which we co-led with Align Ventures, was oversubscribed and drew in Decisive Point, Booz Allen Ventures, and a deep bench of defense and venture investors.

“Scout AI is exactly the company this moment demands.”
Tyrone Lee, Draper Associates

Founder Colby Adcock put it more bluntly: this historic raise is a signal to every patriot in Silicon Valley. We agree, and we are proud to help build the brain behind the West's autonomous edge.