Startup Funding Tracker

PierSight funding, investors and company details

PierSight is an emerging Artificial Intelligence (AI) - Spacetech startup from Ahmedabad, working in the space of Space Technology, Maritime Surveillance Satellites (SAR & AIS satellite constellation for persistent ocean monitoring). Founded by Gaurav Seth, Vinit Bansal.

  • Company: Piersight Space Private Limited
  • Sector: Artificial Intelligence (AI) - Spacetech
  • Location: Ahmedabad
  • Founders: Gaurav Seth, Vinit Bansal
  • Total funding raised: ₹54.84 Cr

Company overview

PierSight is a space technology company focused on providing persistent ocean surveillance using a constellation of Synthetic Aperture Radar (SAR) imaging satellites integrated with Automatic Identification System (AIS) data. Its SAR-based capability enables high-resolution maritime monitoring regardless of weather conditions, cloud cover, or time of day, ensuring uninterrupted situational awareness. The company serves critical sectors such as maritime security, defense, fisheries management, shipping, insurance, and environmental monitoring. By combining satellite imagery with vessel tracking intelligence, PierSight helps detect illegal activities, monitor ship movements, and assess maritime risks in real time. Its solutions support governments and commercial customers in enhancing ocean transparency, safety, and regulatory compliance.

Funding rounds

  • Latest round: $ 6.00 Mn (₹49.86 Cr.), 2024-01-10. Investors: Alpha Wave, Elevation Capital
  • Past round (Pre-Seed): $ 0.60 Mn (₹4.98 Cr.), 2023-09-27. Investors: Andreas Klinger, Vismay Agrawal, Nikunj Jalan, Techstars