Pixxel at a glance
As of- [1] Equity raised: Sum of the 1 sourced equity round in the funding history below (debt, tender offers and rumored rounds excluded), September 7, 2026
- [2] Lead investors: Tech Startups, September 7, 2026
- [3] Founded: indiandefensenews.in (retrieved October 15, 2026)
- [4] Headquarters: inc42.com (retrieved October 15, 2026)
What Pixxel does
Pixxel describes itself as a planetary infrastructure company combining Earth observation, space systems and software to better understand Earth.[1] Its Firefly constellation is Pixxel's first commercial constellation of six hyperspectral imaging satellites, all of which launched in 2025, according to the company.[1] Pixxel's Aurora software, which it calls its EO Studio, turns observation data into operational information.[1] Pixxel says its Series C will advance a next-generation Honeybee hyperspectral constellation, with the first Honeybee satellite expected to launch in 2027.[2] Pixxel opened its Megapixxel satellite manufacturing and integration facility in Bengaluru in January 2024, according to the company.[3]
Business model and customers
Pixxel says it has secured contracts with NASA and the U.S. National Reconnaissance Office (NRO).[2] In May 2026, Pixxel was awarded an NRO contract under the Strategic Commercial Enhancements Commercial Solutions Opening, according to the company.[4] Pixxel's September 2024 NASA contract was part of NASA's $476 million CSDA program to provide hyperspectral data, the company says.[3] Pixxel says it was selected to lead development of India's first public-private Earth observation constellation of 12 satellites under IN-SPACe.[2]
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Recent changes
- Sep 7, 2026Sep 7, 2026Raised $100M Series C Tech Startups
- Sep 7, 2026Sep 7, 2026New investor: Seraphim Capital Tech Startups
- Sep 7, 2026Sep 7, 2026New investor: M&G Catalyst Fund Tech Startups
- Sep 7, 2026Sep 7, 2026New investor: Temasek Tech Startups
- Sep 7, 2026Sep 7, 2026New investor: Radical Ventures Tech Startups
Earlier changes (1)
- Sep 7, 2026Sep 7, 2026Pixxel Raises $100M, India's Biggest Space Round Pulse story
Funding history
1 equity event · newest first · sources dated per row| Date | Round | Amount | Valuation | Lead investors | Source |
|---|---|---|---|---|---|
| Sep 7, 2026 | Series C | $100M | — | Tech StartupsPulse story |
Equity only. “Equity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.
How Pixxel has been funded
Pixxel raised an $8 million seed round in August 2020 from investors including Lightspeed, India Partners, Blume Ventures, GrowX Ventures, Techstars and Omnivore VC, according to the company.[3] Pixxel raised a $27 million Series A in March 2022 from investors including Radical Ventures, In-Q-Tel, Seraphim Space and Sparta LLC.[3] Pixxel raised a $36 million Series B in June 2023 with Google and existing investors, followed by a $24 million Series B extension in December 2024 joined by M&G Catalyst and Glade Brook Capital Partners.[3] On September 7, 2026, Pixxel closed a $100 million Series C co-led by Temasek and Seraphim, with new investors 360 ONE Asset and IMM Investment and existing investors Radical Ventures, growX ventures and M&G Catalyst.[2],[5] Pixxel said the Series C brings its total funding to $195 million and will fund the Honeybee constellation and expanded manufacturing in India and the US.[2]
Investors and their roles
- Temasek (co-led the Series C, Sep 2026)[2]
- Seraphim (co-led the Series C, Sep 2026; Series A investor as Seraphim Space, Mar 2022)[2],[3]
- 360 ONE Asset (new investor in the Series C, Sep 2026)[2]
- IMM Investment (new investor in the Series C, Sep 2026)[2]
- Radical Ventures (Series A, Mar 2022; Series C, Sep 2026)[3],[2]
- growX ventures (seed, Aug 2020; Series C, Sep 2026)[3],[2]
- M&G Catalyst (Series B extension, Dec 2024; Series C, Sep 2026)[3],[2]
- Glade Brook Capital Partners (joined the Series B extension, Dec 2024)[3]
- Google (Series B, Jun 2023)[3]
- In-Q-Tel and Sparta LLC (Series A, Mar 2022)[3]
- Lightspeed, India Partners, Blume Ventures, Techstars and Omnivore VC (seed, Aug 2020)[3]
Investors
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Coverage Timeline
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Pixxel FAQ
How much has Pixxel raised?
Pixxel said its $100 million Series C in September 2026 brought its total funding to $195 million.[2]
Who invested in Pixxel?
Temasek and Seraphim co-led Pixxel's September 2026 Series C, joined by 360 ONE Asset, IMM Investment, Radical Ventures, growX ventures and M&G Catalyst; earlier backers include Google, In-Q-Tel, Lightspeed and Glade Brook Capital Partners.[2],[3]
Who is the CEO of Pixxel?
Awais Ahmed is Pixxel's Founder and CEO.[2]
What is Pixxel's valuation?
Pixxel did not disclose a valuation for its September 2026 Series C, Tech Startups reported.[5]
Where is Pixxel based?
Pixxel is based in Bengaluru and Los Angeles, according to Tech Startups' September 2026 report.[5]
When was Pixxel founded?
Pixxel was founded on February 27, 2019, according to the company.[3]
When was Pixxel founded and where is it based?
Pixxel was founded in 2019 and is headquartered in Bengaluru, India, according to indiandefensenews.in and inc42.com.
References
researched 2026-10-19Sources & methodologyshow
Where these figures come from
- Tech StartupsValue Add VC data1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.