American-Ukrainian Defense Tech Startup Vermeer Reaches $10M in Total Series A Funding Following Draper Associates-Led Extension
Summary
Vermeer closed a $10 million Series A round led by Draper Associates, with participation from several venture investors and the U.S. Air Force Tech Stars. The company builds vision-based navigation and autonomy software that helps drones and other aerial systems operate without GPS. It already serves defense customers and is scaling its platform for both military and commercial use. Vermeer says it will use the new capital to expand partnerships, support customer requirements, and continue product development. The company has also grown rapidly, increasing from 10 to 40 employees in the past year.
Funding
Amount
$10.0M
Total raised
Date
October 22, 2025
Announcement date
Investors
Techstars Chicago (Formerly Excelerate Labs), Techstars, Draper Associates
Lead investors
Company
https://getvermeer.com
Funded company
Classifications
industries
No industries detected
applications
Business Intelligence
AskAI Classifications
Labels
Defense Tech Software
Autonomy Software
Geospatial / Navigation Software
Linked Companies
Vermeer
$1M to $5M