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Pixxel, the planetary infrastructure company, has closed a USD 100 million Series C funding round, co-led by Temasek and Seraphim, with participation from new investors 360 ONE Asset and IMM Investment, and existing investors Radical Ventures and growX Ventures. The round marks the largest funding raised by a space technology company in India and brings Pixxel’s total funding to USD 195 million.
Pixxel began with hyperspectral satellites capable of revealing information about the Earth’s surface beyond conventional imagery. The company has since expanded into Aurora, its Earth intelligence software, and satellite systems for both commercial and sovereign space missions.
The funding will support four priorities: extending sensing capabilities through the Honeybee constellation and high-resolution optical imaging satellites, developing Aurora as an intelligence layer, deepening sovereign Earth observation work, and scaling manufacturing through Gigapixxel, its next-generation satellite production facility.
Over the past two years, Pixxel has deployed six Firefly satellites, formed the world’s highest-resolution commercial hyperspectral constellation, and launched Aurora. The company has secured contracts with NASA and the NRO, won multiple iDEX challenges from India’s Ministry of Defence, unveiled plans for an orbital data-centre demonstration satellite, and been selected to lead India’s first public-private Earth observation constellation of 12 satellites under IN-SPACe.
“This new investment gives us the scale to turn that vision into planetary infrastructure. Our goal is to make a changing planet understandable in time to act,” said Awais Ahmed, Founder and CEO, Pixxel.
Pixxel is backed by USD 195 million from investors including Seraphim, Google, Lightspeed, Radical Ventures and Glade Brook Partners.
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