Google-backed Indian space startup raises $100 million in latest funding round

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Sept 7 (Reuters) – Indian space tech startup Pixxel said on Monday it had raised $100 million in a Series C ​funding round led by Singapore state investor ‌Temasek and British space-technology venture firm Seraphim (SSIT.L), opens new tab, marking the single-largest funding round by a space technology company in India.
Google -backed Pixxel’s ​latest round included existing investors Radical Ventures and ​growX Ventures, as well as new investors ⁠360 ONE Asset and IMM Investment, bringing its total ​funding to $195 million, the company said.

Pixxel is one of ​the Indian space startups that emerged after the government opened the sector to private players. Founded by Awais Ahmed, Pixxel ​began with hyperspectral satellites that could reveal information ​about the Earth’s surface beyond what conventional imagery could capture.
Since then, ‌it ⁠has expanded its scope to include Aurora, its Earth intelligence software, and satellite systems for both commercial and sovereign space missions. Together, these form the core ​of Pixxel’s planetary ​infrastructure vision, ⁠connecting sensors, software, and space systems to help governments, industries, and institutions turn ​Earth observation into actionable intelligence, its statement ​said.
The ⁠fresh capital will help Pixxel expand its sensing capabilities through its Honeybee satellite constellation and high-resolution optical imaging ⁠satellites, ​while further developing Aurora as ​a platform that combines these datasets into decision-ready insights.

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