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PierSight raised $8 million in a seed extension round to advance its maritime surveillance satellites, with new investors including CE-Ventures and Sustainable Ocean Alliance.

May 20, 2025•about 2 months ago

Amount Raised

$8 Million

Round Type

seed

AhmedabadOther

Investors

Sahil LavingiaNatasha Malpani OswalNandan ReddySustainable Ocean AllianceCe Ventures

Description

Space-tech startup PierSight announced that it has raised an additional capital in a seed extension round, bringing the total funding to $8 million. The investment will aid the development of the world’s first satellite constellation combining SAR and AIS for maritime intelligence. The company is based in Ahmedabad and aims to monitor illegal fishing and other maritime activities. Its first commercial satellite is set to launch in mid-2026.

Company Information

Company

PierSight Space

Location

Ahmedabad, Gujarat, India

About

PierSight is creating a persistent and dynamic view of all human activity at sea. This will be powered by a constellation of Synthetic Aperture Radar satellites, which enable precise tracking of each and every marine asset. Our solutions will serve shipping, insurance, defense, coastguard, oil & gas, and other organizations that rely on maritime intelligence.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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