SmartCap Defence Fund Invests in Farsight Vision

The Estonian defence tech sector just took a massive leap forward. With a fresh €7.2 million investment led by SmartCap’s Defence Fund alongside Axon Enterprise and European investors, Farsight Vision is officially setting up its growth hub in Estonia.

This isn't just another startup funding round; it is a strategic move that brings frontline-tested Ukrainian innovation into the heart of the NATO defence ecosystem.

From the Frontline to Global Markets

Farsight Vision’s technology was forged in the most demanding environment imaginable: the Ukrainian battlefield. By leveraging drones and artificial intelligence, their platform provides a real-time situational overview that allows for rapid maneuvers and informed decision-making.

While the software is already widely used in Ukraine, this investment marks a new chapter. The company is now focusing on:

Defence Robotics & Automation: Enhancing logistics, navigation, and systems management.
Electronic Warfare (EW): Strengthening capabilities to protect both battlefield assets and critical infrastructure.
GPS-Denied Navigation: Perfecting geolocation solutions that remain functional even when signals are disrupted or jammed.

Why Estonia?

For Farsight Vision’s CEO and co-founder Viktoriia Yaremchuk, the move to Estonia was a strategic choice. The country offers a unique blend of high-tech talent, a forward-looking innovation environment, and seamless integration with EU and NATO structures.

The arrival of Farsight Vision also brings high-value jobs and specialized skills to our local ecosystem. As Minister of Economic Affairs and Industry Erkki Keldo noted, this aligns with the government’s largest industrial growth plan in history, positioning the defence industry as Estonia’s newest economic strength.

A Team of Heavy Hitters

The company’s expansion is backed by serious expertise. Joining the team is Brigadier General Jaak Tarien, Estonia’s former Air Force Commander, bringing invaluable operational perspective to the product's development.

Furthermore, the involvement of Rick Smith, Founder and CEO of Axon, underscores the global relevance of this technology. As Smith pointed out, when technology is shaped by real-world operational use, it evolves faster and with more clarity—offering insights that will eventually improve how autonomous systems operate worldwide.

Bridging the Gap Between Defence and Tech

As SmartCap CEO Sille Pettai highlighted, Farsight Vision is a prime example of "dual-use" technology. While its roots are in military necessity, the advancements in autonomous systems and threat identification have significant implications for civilian safety and infrastructure protection as well.

This investment is a testament to Estonia’s growing role as a hub for high-tech defence expertise. By combining Ukrainian frontline experience with Estonian engineering and a stable regulatory framework, Farsight Vision is well-positioned to strengthen NATO’s capabilities and lead the next wave of defence robotics.


To learn more about the Estonian startup ecosystem and the future of defence tech, stay tuned for further updates on how these investments are shaping our security landscape.



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