Pixxel
Assembly Line
Pixxel: Space Tech Company Raises $24 Million (Series B Extension)
Pixxel – a US-India-based space technology company building the world’s highest-resolution hyperspectral satellite constellation – announced the closing of $24 million in additional funding as part of its Series B round. This new funding brings the total Series B funding to $60 Million. Pixxel has raised $95 million with this round across all funding rounds.
The Series B extension round added new investors, M&G Catalyst and Glade Brook Capital Partners, who join existing backers Google, Radical Ventures, Lightspeed, and others. And this funding positions Pixxel as one of the highest-funded space-tech startups in India and the highest-funded hyperspectral imaging company globally, reinforcing its goal to build a health monitor for the planet through advanced earth observation satellites and drive impactful climate action.
The funding will enable Pixxel to accelerate the development and launch of its entire constellation of 18 commercial hyperspectral satellites, which are planned for the near future. It will also support the growth of Pixxel’s software offerings, including Aurora, its AI-based Earth Observation platform, which enables seamless analysis and actionable insights for diverse applications from hyperspectral data.