Fundraising Fox

Vermeer

Techstars '20

Queens, US · Founded 1948 · 2,603 employees on LinkedIn · 10 known investors

Vermeer develops vision-based positioning technology for aerial platforms and drones that operates without GPS in contested, spoofed, or GPS-denied environments. The solution serves military and industrial customers requiring autonomous navigation in areas where traditional GPS is unavailable or unreliable.

AI & Machine LearningDefense TechHardwareRobotics

Founders & leadership

BSBrian Streem
Brian StreemCEO
SKSuresh Kumar
Suresh KumarCTO

Investors · 10

Draper AssociatesSan Mateo · $500K – $5M
GENIUS NYSyracuse · $500K – $1M
TechstarsBoulder · $220K
Tenon VenturesBoston
Aero X VenturesreportedWinston Salem · $500K – $3M
Rockaway VenturesreportedPraha 6 – Dejvice
Super VenturesreportedSan Francisco · $100K – $500K

Also in the syndicate · 3

AeroX VenturesBoscolo IntervestHigh Point Ventures

Funding

SEC filings, press & company announcements

$10M disclosed across 1 of 2 rounds · 2025

Source: company announcements and press reports — follow each round's link for the claim.

Competitors · 1

by search overlap
Techstars3 shared keywordsTechstars is a pre-seed and early-stage venture capital firm and accelerator operator that invests in founders and provides capital, mentorship, and network connections. It runs accelerator programs, a pre-accelerator, and startup community events for early-stage teams worldwide.

Companies competing with Vermeer for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 5 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. Air ForceAir ForcePhase II2021$759.1K
U.S. Air ForceAir ForcePhase II2021$725.5K
U.S. Air ForceAir ForcePhase II2021$699.1K
U.S. Air ForceAir ForcePhase II2020$912.8K
U.S. Air ForceAir ForcePhase II2020$769.1K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Computer Vision Navigation Startup Vermeer Raises $10 Million - Defense Dailydefensedaily.com · Oct 2025American-Ukrainian Defense Tech Startup Vermeer Reaches $10M in Total Series A Funding Following Draper Associates-Led Extensionprnewswire.com · Oct 2025Vermeer Funding GPS Free Drone Navigation - DRONELIFEdronelife.com · Oct 2025Vermeer Reaches $10M in Total Series A Fundingfinsmes.com · Oct 2025Exclusive: Drone navigator Vermeer raises $10 millionaxios.com · Oct 2025Grants | Vermeer Charitable Foundationcharitable.vermeer.com · Jul 2024

Frequently asked questions

What does Vermeer do?
Vermeer develops vision-based positioning technology for aerial platforms and drones that operates without GPS in contested, spoofed, or GPS-denied environments. The solution serves military and industrial customers requiring autonomous navigation in areas where traditional GPS is unavailable or unreliable.
Who are Vermeer's investors?
Vermeer's investors include Draper Associates, GENIUS NY, Techstars, Tenon Ventures, Aero X Ventures, Rockaway Ventures, Super Ventures.
How much funding has Vermeer raised?
Vermeer has disclosed $10M raised across 1 of its 2 known rounds.
Where is Vermeer headquartered?
Vermeer is headquartered in Queens, US.