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

Alpha Wave Ventures (Lead Investor) (Navroz Udwadia)

Elevation Capital (Lead Investor)

Techstars

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
Phone
Undisclosed
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.
Profile
PierSight LinkedIn Company Profile
Social Media
PierSight Company Twitter Account
Company News
PierSight News
Facebook
PierSight on Facebook
YouTube
PierSight on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Gaurav Seth
  Gaurav Seth LinkedIn Profile  Gaurav Seth Twitter Account  Gaurav Seth News  Gaurav Seth on Facebook
Chief Technical Officer
Vinit Bansal
  Vinit Bansal LinkedIn Profile  Vinit Bansal Twitter Account  Vinit Bansal News  Vinit Bansal on Facebook


 

 

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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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