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Coratia Technologies raises Rs 5 Cr led by Piper Serica Angel Fund

EntrackrEntrackr · 5d ago
Coratia Technologies raises Rs 5 Cr led by Piper Serica Angel Fund
Medial

Coratia Technologies raises Rs 5 Cr led by Piper Serica Angel Fund Deep tech startup Coratia Technologies, an indigenous underwater robotics company, has raised Rs 5 crore (around $563,000) in a funding round led by Piper Serica Angel Fund. Its existing investors include MGF Kavachh and Pontaq Ventures, which jointly invested over Rs 17 crore in July 2025 to support India’s strategic autonomy in underwater and subsea robotics. The fresh funding follows Coratia’s recent Rs 66 crore contract from the Indian Navy for its indigenously developed Underwater Remotely Operated Vehicle (UWROV) named Jalasimha. The proceeds will be used to strengthen in-house research and development, expand manufacturing capacity, upgrade product lines, and explore international markets, the company said in a press release. Co-founded by Debendra Pradhan and Biswajit Swain, Coratia Technologies is incubated at NIT Rourkela and develops advanced autonomous underwater vehicles for defence and industrial applications. Its flagship systems include Jalasimha, Jaladuta, Oceanus and Navya. The Odisha-based startup has executed projects with the Indian Railways and IOCL Paradip. It was also recently invited to Brunei Darussalam, one of Southeast Asia’s largest oil producers, to demonstrate its robotic systems for subsea inspections and maintenance of offshore energy infrastructure. “This investment supports our vision to transform underwater robotics and strengthen India’s position in the global blue economy. Our focus is on building a global supply chain from India and exporting indigenously developed capabilities that address both strategic and commercial needs,” said Debendra Pradhan, co-founder and CEO of Coratia Technologies.

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EntrackrEntrackr · 9m ago
Rupeeflo raises $1 Mn from Piper Serica
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Astrogate Labs raises $1.3 Mn led by Piper Serica

EntrackrEntrackr · 8m ago
Astrogate Labs raises $1.3 Mn led by Piper Serica
Medial

Astrogate Labs raises $1.3 Mn led by Piper Serica Spacetech startup Astrogate Labs has secured $1.3 million in its pre-Series funding led by Piper Serica Angel Fund. The proceeds will be used to accelerate further the development of its laser communication terminals for space and additional use cases in terrestrial and airborne applications, scale operations, and strengthen partnerships with space agencies and defense organizations. Founded by Nitish Singh, Yogeshwaran J, and Subhajit Chakraborty, Astrogate Labs provides technology to improve data downlink for small satellite constellations, helping them transmit data more efficiently to the ground. With over 25,000 small satellites expected to be in orbit by 2030, current radio frequency systems face severe bandwidth limitations and spectrum congestion. Astrogate's laser communication solutions claim to provide a scalable alternative for high-speed up to 10 Gbps, secure data transmission. Astrogate Labs has also received recognition for its technology innovations including DRDO Dare to Dream 4.0 and graduated from the Seraphim Space Accelerator APAC Program in 2023. The Bengaluru-based company has been backed by Speciale Invest, SatSure and Anicut Capital, who provided early funding to support the development of its innovative technology.

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