The Bengaluru-based startup will use the fresh capital to expand its satellite network, Earth-observation capabilities and space technology operations.
Indian space-tech startup Pixxel has raised $100 million in a Series C funding round, marking the largest funding round secured by an Indian space technology company to date. Singapore-based investment firm Temasek and UK-based Seraphim Space jointly led the round.
The funding also drew new investors, including 360 ONE Asset and IMM Investment. Existing backers such as Radical Ventures and growX Ventures also invested further in the company. With the latest round, Pixxel’s total funding has reached about $195 million.
Focus on satellite and Earth-Observation Technology.
Founded by Awais Ahmed and Kshitij Khandelwal, Pixxel develops satellites equipped with hyperspectral imaging technology. Unlike conventional satellite imagery, hyperspectral systems capture information across a wider range of wavelengths, allowing data to be analysed in greater detail.
The company uses this technology to provide Earth-observation data and analytics for applications in agriculture, environmental monitoring, infrastructure, and resource management. Pixxel has also been developing its Aurora platform, which is designed to turn satellite data into usable insights. The company has said the latest funding will support further development of its satellite constellation and software capabilities.
India’s space-tech funding gains momentum.
Pixxel’s latest funding round comes as private investment in India’s space sector continues to expand. The industry has moved beyond traditional government-led programmes, with startups increasingly working on satellites, launch vehicles, Earth observation, propulsion and space-based data services.
The funding follows other significant developments in the sector. Hyderabad-based Skyroot Aerospace, for instance, became a space-tech unicorn earlier this year after raising $60 million, highlighting growing investor interest in India’s private space industry.
The funding also reflects a broader shift in the Indian startup ecosystem, where investors are increasingly looking beyond consumer internet businesses to deep-tech sectors that require significant capital and longer development cycles.
For India’s emerging space-tech industry, Pixxel’s latest funding round further shows that private companies are attracting larger pools of domestic and international capital as the country seeks a greater role in the global commercial space market.
