HomeBrands in ConversationAI Design agent CopperPilot raises pre-seed funding from Neon Fund

AI Design agent CopperPilot raises pre-seed funding from Neon Fund

Hardware gets its AI coding moment; CopperPilot can reduce hardware design timelines from months to minutes

Bangalore, India; October 28 th, 2026: CopperPilot, the AI design agent for electronics hardware, today announced a $390K pre-seed round led by Neon Fund, with participation from US-based angel investors. The startup has reported 25x growth in weekly active users since August 2026, with 6000+ artifacts run on the platform till date. CopperPilot also announced that V1 of their Design Agent codenamed “Epsilon” is now open for hardware engineers to use. 

CopperPilot was created to address a complex problem facing hardware engineers simplifying the designing of electronic circuit boards and supporting engineers through a co-pilot that can efficiently automate much of design work. Engineers still spend hours reading datasheets, choosing components, drawing schematics and routing boards. Product development guides estimate that the electronics work alone, from schematic through to ordering first prototype boards, takes roughly 6 to 15 weeks and costs $7,500 to $30,000, which can be reduced to merely hours by CopperPilot. 

CopperPilot takes engineers from a plain-English description to a manufacturing-ready circuit board design. It works inside the tools engineers already use, starting with KiCad, with early support for Altium and LTspice. It also plugs into AI coding agents including Claude Code, Cursor and Codex, so that developers can hand board design to it from within those tools. The company has utilized a unique technique to showcase their builds on LinkedIn. The team at CopperPilot publishes a new open-source board every day, open to inspection in KiCad, with around 30 published till date. 

The company was founded by Aditya NG, Mohit Bagur and Anish Harsha to address the existing gap in the $20.93B electronic design automation (EDA) software market. They spent about a year since their founding in October 2025 distilling their experience from autonomous vehicles, quantum photonics and robotics for the engineering and benchmarking their Hardware Design Agent. The founders believe that the sectors that will benefit the most from their AI are consumer electronics, renewables and energy storage, robotics and IoT, and automotives and EV. The funds raised in this round will be utilised in product research and engineering, to make the AI agent smarter, faster and more reliable. The team also plans to expand their engineering team in coming months. CopperPilot currently has clients in the US, UK and Europe alongside users in India and other countries. 

Aditya NG, Co-Founder and CEO, CopperPilot shared his vision for the company saying, “On almost every autonomous vehicle team I worked with, someone would eventually say: a compute unit for six cameras is too hard to design, or a drive-by-wire unit is too much for us. 

Many teams stopped right there. The ones that kept going spent months staring at datasheets and paying for mistakes on board re-spins. I built CopperPilot so that no hardware team is ever blocked because a board is too hard to design. Today it designs an AI camera board in about 30 minutes. I started out designing the electronics for a student race car. The racecars of the future will be designed with CopperPilot.”

“AI coding agents have changed how software gets built. Hardware has been left behind, still slowed by datasheets, manual layout and costly re-spins. Aditya, Anish and Mohit have lived at the intersection of AI and hardware, and CopperPilot already turns a plain-English idea into a manufacturing-ready design. We think this is how the next generation of hardware will be built”, comments investor Siddhartha Ahluwalia, Managing Partner, Neon Fund. 

Speaking about their experience with CopperPilot, customer Andrei Danescu, Co-founder and CEO, Dexory said, “Robotics companies live and die by how fast they can iterate on hardware and drive continuous improvements. Tools like CopperPilot point to a future where that loop is measured in days, not months. An incredible time to create new product and bring ideas to market”. 

About CopperPilot 

CopperPilot is the AI agent for electronics hardware that takes engineers from a plain-language description to a validated circuit board design. It works inside the tools engineers already use, starting with KiCad and with support for Altium, LTspice and Firmware. It researches requirements, selects components, draws schematics, places and routes boards, and checks its own work for electrical and design-rule errors. CopperPilot also works as a plugin for AI coding agents such as Claude Code, Cursor and Codex. Founded by engineers who have worked on autonomous vehicles, race car electronics and quantum optics, CopperPilot serves paying customers across the US, UK and Europe. The company is based in the US with a team in Bengaluru and is backed by Neon Fund. For more information, visit copperpilot.ai. 

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MEDIA RELEASE Sky Gold and Diamonds Limited announces Q2 and H1 FY27 financial results; Revenue at Rs 4,403.45 Crore, PAT up 111.9% Mumbai, October 28, 2026: Sky Gold and Diamonds Limited (BSE: 541967 | NSE: SKYGOLD), a listed B2B gold jewellery manufacturer, today announced its consolidated financial results for the quarter ended September 30, 2026. Q2FY27 and H1FY27 Financial Highlights (Consolidated) (All figures in ₹ crore unless otherwise stated) Particulars (₹ Cr) Q2FY27 Q2FY26 Y-o-Y Q1FY27 Q-o-Q H1FY27 H1FY26 Y-o-Y Revenue 2390.7 1,484.5 61.0% 2,012.8 18.8% 4,403.5 2,615.7 68.3% EBITDA 189.8 99.9 90.0% 156.7 21.1% 346.50 171.3 102.3% EBITDA Margin (%) 7.94% 6.7% 121 bps 7.8% 14 bps 7.87% 6.5% 132bps Reported PBT 166.0 87.9 88.9% 134.8 23.1% 300.8 146.8 105.0% Reported PBT % 6.94% 5.9% 102 bps 6.7% 24 bps 6.83% 5.6% 122 bps Reported PAT 129.4 67.0 93.2% 104.9 23.4% 234.3 110.6 111.9% PAT Margin (%) 5.4% 4.5% 89 bps 5.2% 20 bps 5.3% 4.2% 109 bps Operational PBT 173.4 87.9 97.3% 134.8 28.6% 308.2 146.8 110.0% Operational PBT % 7.25% 5.9% 133 bps 6.7% 55 bps 7.00% 5.6% 139 bps Operational PAT 138.56 67.0 106.8% 104.9 32.1% 234.5 110.6 120.2% Operational PAT % 5.8% 4.5% 129 bps 5.2% 20 bps 5.5% 4.2% 127 bps Note: Operational PAT / PBT is reported PBT / PAT less non operational income (part of other income in financials) Commenting on the result, Mr. Mangesh Chauhan, Managing Director, Sky Gold and Diamonds Limited, said: “For the half year ended September 30, 2026, the Company reported consolidated revenue of ₹4,403.5 crore, EBITDA of ₹346.5 crore and profit after tax of ₹234.3 crore. For the quarter ended September 30, 2026, consolidated revenue was ₹2,390.7 crore, EBITDA was ₹189.8 crore and profit after tax was ₹129.4 crore.” Key Financial and Corporate Highlights Revenue: Consolidated revenue for Q2 FY27 was ₹2,390.7 crore, compared with ₹1,484.5 crore in Q2 FY26. For H1 FY27, revenue was ₹4,403.5 crore, compared with ₹2,615.7 crore in H1 FY26. EBITDA: EBITDA for Q2 FY27 was ₹189.8 crore, compared with ₹99.9 crore in Q2 FY26. For H1 FY27, EBITDA was ₹346.5 crore, compared with ₹171.3 crore in H1 FY26. EBITDA Margin: EBITDA margin was 7.94% in Q2 FY27, compared with 6.7% in Q2 FY26. For H1 FY27, EBITDA margin was 7.87%, compared with 6.5% in H1 FY26. Profit After Tax: Reported PAT for Q2 FY27 was ₹129.4 crore, compared with ₹67.0 crore in Q2 FY26. For H1 FY27, reported PAT was ₹234.3 crore, compared with ₹110.6 crore in H1 FY26. PAT Margin: PAT margin was 5.4% in Q2 FY27, compared with 4.5% in Q2 FY26. For H1 FY27, PAT margin was 5.3%, compared with 4.2% in H1 FY26. Cash Flow from Operations: Cash Flow from operations for H1 FY27 was ₹136.7 crore, compared with (₹100.9) crore in H1 FY27. CFO/EBITDA was 39% for H1 FY27 vs earlier guidance of 20%. Completion of Acquisition of Purvi Gems & Jewellery: On October 7, 2026, the Board approved completion of acquisition of 100% stake in Purvi Gems & Jewellery (India) Private Limited for total cash consideration of ₹9 crore. About Sky Gold and Diamonds Limited Established in 2008 and headquartered in Mumbai, Sky Gold and Diamonds Limited is a B2B jewellery manufacturer, specialising in lightweight, design-led and studded jewellery. For more details, visit: www.skygold.co.in Branding Edge Strategic Communication and Advisory LLP Ajab Ujjainwala E-mail: [email protected] Contact: 9702380828
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