
Theseus Raises $4.3 Million with Y Combinator and U.S. Special Forces Support for GPS-Free Military Drones
Theseus, a defense technology startup based in San Francisco, has raised $4.3 million in seed funding to develop GPS-free military drones. The company has created a Micro Visual Positioning System that serves as an unjammable alternative to GPS, enabling U.S. Special Forces to conduct missions that were previously not possible. The funding round was influenced by a viral tweet that caught the attention of Y Combinator and the U.S. Special Forces. Theseus is part of a broader trend of hard tech startups gaining traction and raising larger funding rounds due to demonstrated technological breakthroughs and commercial validation. The company was supported by investors including Y Combinator and received a $500,000 investment following a chance meeting with CEO Carl Schoeller. Theseus aims to enhance defense capabilities by providing reliable positioning systems for military drones, addressing vulnerabilities associated with GPS reliance.
Sources
Atoms Not BitsSupersonic jet engines, dairy farming goes autonomous, and your cab may be an eVTOL. Daily Hard Tech Headlines: - @defensegameday launches April 23–24 at APEX Defense in D.C., a new live media show from Atoms Not Bits and partners. - Theseus, the San Francisco based startup https://t.co/1zliqismcY
Y CombinatorCongrats to the team at Theseus (https://t.co/oWgRMH4hG5) on their $4.3M seed! Theseus has built an unjammable replacement for GPS. Their Micro Visual Positioning System lets America’s special forces run missions they otherwise couldn’t, by providing positioning for their drones https://t.co/rI4rv18CfA
Overlap: Business & TechGarry Tan: YC is the YC of Hard Tech "The median YC startup will end up raising a $1M - 1.5M at Demo Day. But the harder tech companies that can show a lot of real commercial validation or technological breakthrough during those 3 or 4 months of YC They're raising $3M, $5M, https://t.co/7vWodIyfVI
Additional media





