Bengaluru-based Earth observation company Pixxel has secured $100 million in a Series C round led by Singapore-based investment company Temasek and Seraphim, a specialist spacetech investor, marking the largest funding round raised by an Indian spacetech company.
New investors 360 ONE Asset and IMM Investment joined existing backers such as Radical Ventures and growX Ventures.
The round takes Pixxel’s total funding to $195 million.
Google-backed Pixxel said the new capital will be used to expand beyond its original focus on hyperspectral imaging, a technique that captures information across many wavelengths of light and can reveal characteristics of materials that ordinary satellite images may miss.
The company plans to broaden its sensing capabilities through the Honeybee constellation and high-resolution optical imaging satellites, develop Aurora, its Earth intelligence software platform, and expand sovereign Earth observation systems.
