Energy mgmt-focused IoT startup Ubiqedge raises Rs.10-Cr led by Piper Serica

Mumbai-based Ubiqedge has raised INR 10 crore in a seed funding round led by Piper Serica, with participation from Atomberg CEO and co-founder Shibam Das and Sumit Chhazed.Founded in 2024 by Visat Patel, Archit Khandelwal, Akhilesh Thorat, and Hetvi Shah, Ubiqedge develops an operating system for industrial infrastructure. Its platform, comprising the Kleon hardware and Samasth software, enables real-time monitoring, control, and optimization of critical infrastructure. The company's solutions address water management, air quality monitoring and solar energy.The raised capital is intended to strengthen AI capabilities, scale deployments across these industrial use cases, and expand its network of system integrators and OEM (original equipment manufacturer) partners.