September 22, 2026
Funding Fusion News

Spacetech startup Pixxel raises $100 million in India’s biggest spacetech funding round

  • September 7, 2026
  • 0

Bengaluru-based spacetech startup Pixxel has raised $100 million in a Collection C funding spherical, which it mentioned is the biggest single funding spherical by an Indian space-tech firm.


Bengaluru-based spacetech startup Pixxel has raised $100 million in a Collection C funding spherical, which it mentioned is the biggest single funding spherical by an Indian space-tech firm.

The spherical was co-led by Singapore investment firm Temasek and specialist house investor Seraphim House.

New investors 360 ONE Asset and IMM Funding additionally took half, alongside present backers together with Radical Ventures and growX Ventures.

The funding takes Pixxel’s complete funding to $195 million.

Earlier than the Collection C spherical, Pixxel had raised $95 million. In December 2024, it introduced a $24 million extension that took its complete Collection B funding to $60 million.

The startup mentioned the funding can be used to broaden its satellite tv for pc sensing capabilities, develop its Earth intelligence software program, construct sovereign Earth statement programs and improve satellite tv for pc manufacturing capability in India and the US.

Pixxel plans to develop its next-generation Honeybee hyperspectral constellation, which is able to prolong observations into the shortwave infrared spectrum. The primary Honeybee satellite tv for pc is predicted to launch in 2027.

It additionally plans so as to add artificial aperture radar and ultra-high-resolution optical imaging to its sensing capabilities.

Additional funding will go in direction of creating Aurora, Pixxel’s Earth intelligence software program platform, which mixes a number of satellite tv for pc datasets to generate insights for decision-making.

“Years in the past, we got down to construct a well being monitor for the planet. With this funding, we now have the dimensions to show that imaginative and prescient into planetary infrastructure. Extra methods of sensing, extra intelligence from each picture, and extra sovereign functionality for nations,” founder and CEO Awais Ahmed mentioned.

Pixxel was based in 2019 by Awais Ahmed and Kshitij Khandelwal and initially targeted on hyperspectral Earth statement satellites.

Hyperspectral imaging collects data throughout quite a few slender bands of the electromagnetic spectrum, permitting supplies and modifications on the Earth’s floor to be recognized in higher element than with typical imagery.

Pixxel at the moment operates six Firefly hyperspectral satellites. It describes them as forming the world’s highest-resolution business hyperspectral satellite tv for pc constellation.

Three Firefly satellites have been launched in January 2025, adopted by one other three later that 12 months. The operational constellation supplies imagery throughout greater than 135 spectral bands within the seen and near-infrared vary, with a floor decision of about 5 metres.

Pixxel has additionally secured work with US authorities businesses.

NASA chosen Pixxel in 2024 as considered one of eight corporations beneath its Industrial SmallSat Knowledge Acquisition programme, which permits the company to amass business Earth statement knowledge for scientific analysis.

In Might 2026, the US Nationwide Reconnaissance Workplace awarded Pixxel a contract beneath its Strategic Industrial Enhancements programme to evaluate business hyperspectral imaging capabilities.

Pixxel can be increasing its manufacturing operations. The startup has beforehand mentioned its upcoming Gigapixxel facility is being designed to assist manufacturing of as much as 100 satellites.

The most recent funding comes as India’s non-public house business attracts rising ranges of capital following reforms that opened the sector to higher non-public participation.