Overview
Ubiqedge, a full-stack AIoT startup, has announced a ₹10 crore seed funding round led by Piper Serica. The round saw participation from notable angel investors, including Atomberg co-founder Shibam Das and Sumit Chhazed.
Company Background
Founded in March 2024 by Visat Patel, Archit Khandelwal, Akhilesh Thorat, and Hetvi Shah, Ubiqedge is developing an operating system for industrial infrastructure. The company integrates its proprietary hardware platform, KLEON, with an AI-driven software layer, SAMASTH, to enable real-time monitoring and automation for critical infrastructure.
Use of Funds
The capital injection will be used to scale deployments across key industrial sectors, including water management, air quality, solar energy, and construction. Additionally, the funds will support the expansion of the company’s system integrator and OEM partner ecosystem.
Traction and Impact
Ubiqedge has demonstrated significant operational impact, claiming to have digitized over 23,000 borewells. The company’s integrated hardware-software stack has reportedly reduced issue resolution timelines by more than 80%, highlighting the efficiency gains available through industrial automation.
Market Context
Operating in the competitive AIoT landscape, Ubiqedge faces competition from established players such as Samsara, Teltonika, Kristnam, and Datoms. The company’s focus on resolving fragmented data systems and manual monitoring represents a major opportunity in traditional industries looking for digital transformation.