Archive · 7 Sep 2026
Pixxel Raises $100 Million in India’s Largest Spacetech Funding Round
Pixxel is an Indian company that uses satellites to study Earth.
It raised $100 million from investors led by Temasek and Seraphim.
This brings the company’s total funding to $195 million.
Pixxel makes satellites that can see information ordinary satellite pictures may miss.
It plans to build more satellites and improve its Aurora software.
Aurora combines information from different satellites to create useful insights.
The company also wants to manufacture satellites more quickly in India and the United States.
Pixxel says its work can help governments, businesses, and researchers understand changes on Earth.
Pixxel raised $100 million in a Series C round co-led by Temasek and Seraphim.
The funding brings Pixxel’s total capital raised to $195 million.
Pixxel said the round was the largest single investment in an Indian space-technology company.
The company will expand its Honeybee constellation, Aurora software, optical imaging, and satellite manufacturing.
Pixxel operates six Firefly satellites and has contracts or projects involving NASA, the National Reconnaissance Office, India’s Ministry of Defence, and IN-SPACe.
- Who
- Bengaluru-based space-technology startup Pixxel, founded by Awais Ahmed and Kshitij Khandelwal, raised the funding from investors led by Temasek and Seraphim.
- What
- Pixxel closed a $100 million Series C funding round, increasing its total funding to $195 million.
- When
- The company announced the funding on a Monday; one report said Mint had first reported the round on 7 July.
- Where
- Pixxel is headquartered in Bengaluru, India, and plans to expand satellite manufacturing in India and the United States.
- Why
- The funding will support new satellite technologies, Aurora software, sovereign Earth-observation systems, and expanded manufacturing capacity.
- Funding round
- $100 million Series C
- Lead investors
- Singapore-based Temasek and UK-based Seraphim
- Total funding
- $195 million
- Planned satellite capabilities
- Honeybee hyperspectral satellites, shortwave infrared, synthetic aperture radar, and ultra-high-resolution optical imaging
- Honeybee timeline
- The first Honeybee satellite is expected to launch in 2027
- Current constellation
- Six Firefly hyperspectral satellites
- Manufacturing expansion
- Pixxel plans to increase production capacity in India and the United States through Gigapixxel
- Reported valuation
- Mint reported a valuation of $350 million to $400 million; Pixxel did not disclose a valuation in its funding announcement
