Ocean surveillance co PierSight raises $600-K from All In Capital, Techstars, others

PierSight, an Ahmedabad-based ocean surveillance startup, has raised USD 600,000 in a pre-seed round led by All In Capital. Early-stage startup investment firm and accelerator Techstars, along with entrepreneurs, and angel investors such as Andreas Klinger, Vismay Agrawal, and Nikunj Jalan also participated in the funding round. PierSight will use the funds to advance its satellite subsystems by hiring talent and procuring essential electronic components for integration and comprehensive testing. It also plans to enhance its technology readiness level and is looking to partner with social and environmental agencies for developing prototypes, and collaboration on studies.