A fundraise this month for Ukrainian-Estonian startup Farsight Vision can serve as “motivation” for other value-adding startups from the region, said Farsight’s CEO and co-founder and CEO Viktoriia Yaremchuk.
Speaking about the €7.2 million seed round, Yaremchuk (pictured above) told Resilience Media that since the news broke she has been thanked by fellow founders in the same space for giving them renewed “hope.”
Farsight Vision, which was founded in 2023, has developed an AI-driven geospatial awareness and response system that supports unmanned systems and battle robotics with up-to-date terrain and situational awareness for use in defence, security, disaster response, and critical infrastructure situations.
“I wanted to create something that could fundamentally shift the dynamics on the battlefield,” said Yaremchuk as she relayed her founder’s story to Resilience Media back in 2024.
Now, the company who drew early attention from Darkstar also has the backing of public safety technology leader, Axon Enterprise, and Estonia’s SmartCap Defence Fund.
With its product in action on the frontlines in Ukraine, the Farsight Vision has sales in several NATO countries in Europe and says that it is securing its first commercial deal in Asia.
Funding means the startup can increase its partnership opportunities and its talented team with robotic, CV and XR engineers.
“It strengthens the global presence of Ukrainian defence innovation and opens new paths to long-term international partnerships,” said Yaremchuk.
“I think this is big [deal] from the perspective of giving hope to those startups who are actually trying to solve real problems and are actually working closely with the frontline in Ukraine.”
“I’m really proud that such rounds as ours happened, because for a lot of companies, like startups originating from Ukraine and also originating from Europe,” she said mentioning that some startups in the space feel “intimidated by these huge neo‑primes that actually do not bring any value at the moment, but they just occupy media space and they occupy the investment space and so on.”
“And there were a lot of companies that almost lost hope that they will be able to fundraise and that they will be able to continue existing, and quite often it is a joint effort by military units and the companies to fundraise for these innovations to continue,” she adds.
The funding will help Farsight Vision “move really fast” in the first half of 2026, delivering the promises made to end users “on a big scale,” Yaremchuk explains.
Speaking about the state of the startup defence tech landscape, particularly when it comes to funding, she says we need more collaboration, and to get over the startup hype.
“We didn’t want to over‑promise and not deliver, we concentrated on defence and we delivered. Now [we] feel that we have enough knowledge, enough network and enough relationships with our partners that we can bring more complex systems to life,” she adds.
Commenting on the funding round Mykhailo Fedorov, Minister of Defence of Ukraine said, “Ukraine has emerged as a global leader in the application of artificial intelligence to defence technologies. The investment in Farsight Vision illustrates how Ukrainian startups formed in response to wartime challenges are evolving into global players, contributing to new approaches to defence and strengthening the security of partners worldwide.”
