Pixxel

Pixxel is a planetary infrastructure company building hyperspectral Earth observation satellites and the software that turns their signals into usable data for governments, agriculture, mining, energy, and environmental customers. Co-founded in 2019 by CEO Awais Ahmed and CTO Kshitij Khandelwal , both BITS Pilani classmates, the company operates from Bengaluru and El Segundo and has spent the last few years moving from prototype to commercial constellation. This launch marks the close of a $100 million Series C co-led by Temasek and Seraphim, with participation from new investors 360 ONE Asset and IMM Investment alongside existing backers including Radical Ventures and growX . The round brings Pixxel's total funding to $195 million , and over the past two years the company has deployed six Firefly satellites, forming what it describes as the world's highest-resolution commercial hyperspectral constellation . What makes this raise interesting for operators tracking the space sector is the scope shift signaled in the announcement. Rather than staying a pure hyperspectral play, Pixxel is using the capital to build a broader stack across multiple sensor types, sovereign Earth observation systems for national customers, its Aurora analytics software, and expanded satellite manufacturing across India and the United States. For founders and investors watching how commercial Earth observation matures beyond imagery resale into full infrastructure, this round is one of the clearest bets yet on the vertically integrated model.