Hyperspectral orbital imagery startup Pixxel closed a $100 million Series C round led by Temasek and Seraphim. The funding brings the LA- and Bengaluru-based company's total capital raised to $195 million.
Pixxel develops hyperspectral satellite imaging technology that captures data across multiple wavelengths to identify materials and monitor environmental conditions from orbit. The company competes in the expanding Earth observation market, which serves agriculture, mining, environmental monitoring, and other sectors.
Temasek, Singapore's state investment firm, and Seraphim, a space-focused venture capital fund, led the round. The funding will support Pixxel's satellite constellation expansion and commercialization efforts.
The startup joins a growing cohort of space tech companies attracting major institutional capital. India's space sector has gained investor attention as commercial opportunities expand beyond traditional government programs.
Pixxel previously raised $65 million in Series B funding in 2022. The company aims to deploy a fleet of hyperspectral satellites to provide frequent, high-resolution imaging services to enterprise customers.
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