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


Founder and CEO of the Pixxel Awais Ahmed, poses in front of the company logo in their office in Bangalore, India January 13, 2025. REUTERS/Nivedita Bhattacharjee

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, 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.

(Reporting by Abu Sultan and Nivedita Bhattacharjee in Bengaluru; Editing by David Holmes)

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