Tech Company Financing Transactions
PierSight Funding Round
On 1/9/2024, PierSight landed $6 million in Seed funding from Alpha Wave Ventures, Elevation Capital and Techstars.
Transaction Overview
Company Name
Announced On
1/9/2024
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Seed
Investors
Proceeds Purpose
The funding will be used for the procurement and testing of critical hardware, the design and launch of demo and operational satellites, and to expand the company's world-class team.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
1007shivalik Satyamev Amb, Li T Junction South Bopal, Bopal
Ahmedabad, Gujarat, 380058
India
Ahmedabad, Gujarat, 380058
India
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
At PierSight, we're on a mission to transform the maritime industry through cutting-edge technology. We understand the critical need for persistent surveillance over the world's oceans, and we've harnessed the power of Synthetic Aperture Radar (SAR) satellites to provide unparalleled coverage at a fraction of the current data costs.
Management Team
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Our team works diligently to report on funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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