Farsight Vision
Ukrainian-Estonian geospatial-intelligence platform turning UAV imagery into real-time 3D terrain models for the Armed Forces of Ukraine.
Farsight Vision, founded in 2023 by CEO Viktoriia Yaremchuk and CTO Volodymyr Nepiuk — former business-school classmates — builds a geospatial awareness and response platform that converts UAV imagery into 3D models, orthophotos, and real-time anomaly detection, including in GPS-denied environments. Yaremchuk coordinated evacuations and sourced night-vision/military equipment after Russia's 2022 invasion before co-founding the company. The system is deployed by the Armed Forces of Ukraine. The company raised a €7.2M (~$8.6M) seed round led by Axon Enterprise and Estonia's SmartCap Defence Fund, with additional participation from Estonia's Darkstar fund, Poland's Radix Ventures, Switzerland's Anker Capital, Ukraine's Resist, and Denmark's Final Frontier, and separately received Estonian government grants (€1.5M Applied Research Program; €193,000 Ministry of Defence Defence Industry Development Projects). Team members include Brigadier General (ret.) Jaak Tarien, former commander of the Estonian Air Force.
Overview
- Headquarters
- Tallinn, Estonia
- Founded
- 2023
- Employees
- 23
- Total funding
- €7.2M (~$8.6M)
- Stage
- Seed
- Status
- active
- Domains
- UAV geospatial intelligence, 3D terrain modeling, Drone autonomy
- Website
- www.farsightvision.com
Founders2
- FounderViktoriia YaremchukCEO and co-founder of Farsight Vision. Held senior software-company executive roles before Russia's 2022 invasion, after which she coordinated evacuations and sourced night-vision/military equipment, then co-founded Farsight Vision with Volodymyr Nepiuk, a former business-school classmate.
- FounderVolodymyr NepiukCTO and co-founder of Farsight Vision, alongside former business-school classmate Viktoriia Yaremchuk — the two met while studying at Lviv Business School (Ukrainian Catholic University). Previously co-founded and led Datawiz, a retail-technology startup focused on Big Data and computer vision, serving as CTO and later CEO.
Investors7
- FundAxon EnterpriseUS public-safety technology company (Nasdaq: AXON); led Farsight Vision's €7.2M seed round as a strategic corporate investor.
- FundSmartCap Defence FundEstonian state-owned defense venture fund managed by SmartCap, a subsidiary of Foundation KredEx, deploying Estonia's €100M government Defence Fund; co-led Farsight Vision's €7.2M seed round.
- FundRadix VenturesWarsaw-based deep-tech venture capital fund (€41M), founded in 2023 by Paweł Bochniarz, Wojciech Ratymirski, and Michał Urbanowski, backed by the EIF and PFR Ventures; participated in Farsight Vision's €7.2M seed round.
- FundAnker CapitalZug, Switzerland-based financing-advisory and secondary-investment firm; participated in Farsight Vision's €7.2M seed round.
- FundResistUkrainian defense-tech venture/PE hybrid fund founded in 2023 and led by Roman Sulzhyk (ex-J.P. Morgan), raising a €50M second fund based in Estonia; Farsight Vision is a named portfolio company, and the fund participated in its €7.2M seed round.
- FundFinal FrontierCopenhagen-based Nordic space and defense venture capital fund founded in 2024 by Niels Vejrup Carlsen, backed by Anders Fogh Rasmussen (former Danish PM and NATO Secretary-General); participated in Farsight Vision's €7.2M seed round.
- FundDarkstar VenturesBilled as Europe's first defence-only VC fund; backed by Estonia's SmartCap Defence Fund (€10M) with a €25M total fund size (€15M first close). Writes €500K-€1M checks at pre-seed/seed into pan-European dual-use/military tech. Portfolio includes Farsight Vision and Deftak; led Stratis Intelligence's seed round (its largest check to date, Oct 2025).
Cap table0
Approximate ownership by holder. Indexed holders link to their records.
Raised per round
Percentages marked ~ are not disclosed. Some are a generic VC-pattern model (founders/team weighted heaviest, option pool lightest, other holders evenly) sized to whatever's left undisclosed — a standard industry shape, not this company's actual cap table.
| Holder | Instrument | Ownership |
|---|---|---|
| Preferred (Seed) | ~14.3% | |
ResistNew | Preferred (Seed) | ~14.3% |
| Preferred (Seed) | ~14.3% | |
| Preferred (Seed) | ~14.3% | |
DarkstarNew | Preferred (Seed) | ~14.3% |
| Preferred (Seed, Co-Lead) | ~14.3% | |
| Preferred (Seed, Co-Lead) | ~14.3% |
Contracts2
- ContractApplied Research Program Grant€1.5M Estonian government grant under the Applied Research Program supporting Farsight Vision's technology development.
- ContractDefence Industry Development Projects Grant€193,000 grant from Estonia's Ministry of Defence Defence Industry Development Projects program supporting Farsight Vision.
Programs0
No linked records yet.
Frequently asked
- What does Farsight Vision do?
- Farsight Vision, founded in 2023 by CEO Viktoriia Yaremchuk and CTO Volodymyr Nepiuk — former business-school classmates — builds a geospatial awareness and response platform that converts UAV imagery into 3D models, orthophotos, and real-time anomaly detection, including in GPS-denied environments. Yaremchuk coordinated evacuations and sourced night-vision/military equipment after Russia's 2022 invasion before co-founding the company. The system is deployed by the Armed Forces of Ukraine. The company raised a €7.2M (~$8.6M) seed round led by Axon Enterprise and Estonia's SmartCap Defence Fund, with additional participation from Estonia's Darkstar fund, Poland's Radix Ventures, Switzerland's Anker Capital, Ukraine's Resist, and Denmark's Final Frontier, and separately received Estonian government grants (€1.5M Applied Research Program; €193,000 Ministry of Defence Defence Industry Development Projects). Team members include Brigadier General (ret.) Jaak Tarien, former commander of the Estonian Air Force.
- Where is Farsight Vision headquartered?
- Farsight Vision is headquartered in Tallinn, Estonia and was founded in 2023.
- How much funding has Farsight Vision raised?
- Farsight Vision has raised €7.2M (~$8.6M) in disclosed funding.
- What does Farsight Vision specialize in?
- Farsight Vision works across UAV geospatial intelligence, 3D terrain modeling, Drone autonomy.
- Does Farsight Vision hold government contracts?
- Defense Tech Atlas links Farsight Vision to 2 government contracts.
Sources & citations6
Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.
- 1
Ukrainian-Estonian defense startup Farsight Vision attracted €7.2M in a seed financing round led by Axon Enterprise and SmartCap
Kyiv Post: Ukrainian-Estonian Defense Startup Farsight Vision Attracts €7.2M in Seed Financing RoundVerified2026-02-01 - 2
Farsight Vision secures €7.2M to build a full UAV autonomy stack; founded 2023 by Viktoriia Yaremchuk and Volodymyr Nepiuk
TechUkraine: Farsight Vision Secures €7.2M to Build Ultimate UAV Autonomy Stack: Axon and SmartCap Lead the ChargeVerified2026-02-12 - 3
Ukrainian-Estonian defense startup Farsight Vision attracted €7.2M in a seed financing round led by Axon Enterprise and SmartCap
Kyiv Post: Ukrainian-Estonian Defense Startup Farsight Vision Attracts €7.2M in Seed Financing RoundVerified2026-02-01 - 4
Farsight Vision secures €7.2M to build a full UAV autonomy stack; founded 2023 by Viktoriia Yaremchuk and Volodymyr Nepiuk
TechUkraine: Farsight Vision Secures €7.2M to Build Ultimate UAV Autonomy Stack: Axon and SmartCap Lead the ChargeVerified2026-02-12 - 5
Viktoriia Yaremchuk, CEO of Farsight Vision, coordinated evacuations and sourced night-vision/military equipment after Russia's 2022 invasion before co-founding the company with Volodymyr Nepiuk
Resilience Media: Founder Stories: Viktoriia Yaremchuk, CEO of Farsight VisionVerified2024-12-02 - 6
Estonia helps Farsight Vision, its technology tested on the Ukrainian front, expand to Europe, via an Applied Research Program grant (€1.5M) and a Ministry of Defence Defence Industry Development Projects grant (€193,000); team includes Brigadier General Jaak Tarien
estonia.ee: Estonia helps Farsight Vision, technology tested on the Ukrainian front, expand to EuropeVerified2026-08-02