Funding · Climate, Energy & Sustainability
Pixxel raises $100 million in Series C funding
By Startup Enthusiast ·

- Date
- Company
- Pixxel
- What it does
- Hyperspectral satellite imaging startup
- Kind
- Funding
- Amount
- $100 million
- Stage
- Series C
- Based in
- Bengaluru
- Founded
- 2019
What they do
Pixxel builds hyperspectral imaging satellites and Earth intelligence software to monitor environmental and industrial changes on Earth
What happened
The company raised $100 million in a Series C funding round co-led by Temasek and Seraphim
Why it matters
The fresh capital takes Pixxel's total funding to $195 million and will be used to expand satellite manufacturing and constellation capacity
The details
- Space technology startup Pixxel has raised $100 million in a Series C funding round.
- The funding round was co-led by Singapore state investor Temasek and British venture capital firm Seraphim.
- The round takes Pixxel's total funding to $195 million.
- Existing investors Radical Ventures and growX Ventures participated alongside new investors 360 ONE Asset and IMM Investment.
- The company plans to use the capital to expand satellite manufacturing in India and the United States and scale its Aurora Earth intelligence software platform.
- Pixxel aims to increase its production capacity to 10-15 satellites a year and roll out its next-generation Honeybee imaging platform.
The bigger picture
- The funding round is described as the largest single funding round raised by an Indian space technology company.
- The new capital supports the company's planetary infrastructure vision to turn Earth observation data into usable intelligence.
About the business
- Pixxel designs, builds, and operates hyperspectral imaging satellites that capture hundreds of narrow wavelength bands.
- The company sells hyperspectral imagery and analytical insights to government and commercial customers across sectors such as agriculture, energy, mining, and environment.
- Pixxel operates Aurora, an Earth intelligence software platform that combines satellite imagery with AI analytics for geospatial workflows.
- The company's commercial constellation includes six Firefly satellites deployed in low Earth orbit.
- Pixxel operates satellite manufacturing facilities in Bengaluru, India, and a laboratory in Los Angeles.
What happens next
- Deploy upgraded Honeybee imaging satellites starting in early 2027.
- Expand satellite production capacity in Los Angeles and Bengaluru.
- Continue development of the Aurora Earth intelligence software platform.
The deal
- Type
- Series C
Investors
- Temasek (lead) — Singapore's state investor.
- Seraphim (lead) — British space-technology venture firm.
- Radical Ventures (existing) — Existing venture capital backer.
- growX Ventures (existing) — Existing venture capital backer.
- 360 ONE Asset (participated) — New investor in the company.
- IMM Investment (participated) — South Korean investment firm.
Founders
- Awais Ahmed, Co-founder and CEO
- Kshitij Khandelwal, Co-founder and CTO
About Pixxel
- Product
- Hyperspectral imaging satellites, Earth intelligence software and satellite manufacturing capabilities
- Customers
- Government agencies, enterprises and institutions requiring satellite imagery and Earth intelligence data
- How it makes money
- B2B space technology infrastructure providing satellite-based Earth observation services and data
- What sets it apart
- Proprietary hyperspectral imaging technology with sovereign space systems and manufacturing at scale
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