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Temasek co-leads $100m series C in Indian space startup Pixxel
Indian space startup Pixxel, which builds hyperspectral Earth observation satellites and Earth-intelligence software, has raised US$100 million in a series C round.
Singapore state investor Temasek and British space technology venture firm Seraphim led the round.
The round brings Pixxel’s total funding to US$195 million.
The company said the new capital will help expand its Honeybee satellite constellation and high-resolution optical imaging satellites, and further develop Aurora, its Earth-intelligence software platform.
Pixxel provides imagery from hyperspectral Earth observation satellites using data captured by its satellite constellation.
Hyperspectral satellite data can analyze Earth for uses including climate-related monitoring.
🔗 Source: Reuters
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