How Much Did Pixxel Raise? Funding & Key Investors

Date August 22, 2025
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Pixxel

COMPANY INFO

Pixxel Space Technologies Inc, founded in 2019 by Awais Ahmed and Kshitij Khandelwal, is a space technology company specializing in building a constellation of hyperspectral earth imaging satellites and analytical tools. With around 163 to 267 employees, Pixxel provides detailed earth observation data to support applications in agriculture, environment, mining, energy, and more through its platform www.pixxel.space.

How Much Did Pixxel Space Technologies, Inc. Raise? Funding & Rounds and Investors

Pixxel Space Technologies, Inc., founded in 2019 by Awais Ahmed and Kshitij Khandelwal, is an innovative space technology company specializing in building a constellation of hyperspectral earth imaging satellites and analytical solutions. With a workforce of over 160 employees, Pixxel is headquartered in El Segundo, California, with significant facilities in Bengaluru, India. The company delivers powerful earth observation data for sectors like agriculture, environmental monitoring, mining, and energy, leveraging their proprietary satellite and data analytics platform.

Pixxel Space Technologies, Inc. funding history demonstrates robust growth and strategic execution. The company has secured a total of $95.7 million across 10 funding rounds, including multiple seed and early-stage rounds, a grant, and several Series B financings. Early funding supported technology development and initial satellite launches, whereas later rounds focused on scaling satellite manufacturing, expanding the software suite, and establishing global operations. The Series B rounds—particularly the $36 million round led by Google and Radical Ventures in 2023, and a $24 million extension in late 2024—have accelerated Pixxel's roadmap for global coverage and commercial partnerships. Their investment strategy has emphasized diversity of venture capital partners and government-backed grants to maintain technological leadership and market positioning.

Funding Rounds

Series B Extension - $24M - December 9, 2024

This additional Series B funding aims to expand Pixxel's satellite manufacturing capacity, scale operational infrastructure, and enhance satellite manufacturing services, supporting accelerated delivery of their hyperspectral constellation.

Series B - $36M - June 1, 2023

This major round, led by Google and Radical Ventures, was used to accelerate the development and launch of Pixxel's hyperspectral satellite constellation, with a focus on broadening the company's software offerings and market expansion.

Grant (prize money) - Undisclosed - July 25, 2023

Awarded by iDEX (Innovations for Defence Excellence), this grant supported further innovation and development under the Indian Ministry of Defence initiative, emphasizing Pixxel's contributions to national security and technology advancement.

Seed - $7.3M - March 17, 2021

Seed funding was utilized for the initial launch, early-stage product development, and to set the foundation for Pixxel's pioneering work in satellite technology.

Key Investors

Google

A technology leader and venture capital powerhouse, Google led the Series B round in 2023, bringing not only capital but also strategic synergies in data, AI, and cloud services to Pixxel's scaling efforts.

Glade Brook Capital

A global investment manager, Glade Brook Capital led the Series B extension in late 2024. Their participation signals confidence in Pixxel's growth trajectory, particularly for scaling operations and enhancing satellite production.

Radical Ventures

A prominent venture capital firm focused on transformative technology, Radical Ventures participated in multiple rounds, including leading the Series B in conjunction with Google. They have played a critical role in shaping Pixxel's long-term vision and technological innovation.

M&G Catalyst

M&G Catalyst co-led the Series B extension, supporting Pixxel's operational scale-up and satellite manufacturing advancements.

Lightspeed Venture Partners

An early-stage venture capital investor, Lightspeed backed Pixxel from its Seed rounds, contributing expertise and connections vital to startup growth and early market traction.

Aditya Birla Ventures

Entering as a key investor in the 2024 Series B funding, Aditya Birla Ventures has supported Pixxel's expansion into new markets and operational domains.

NB Ventures

A significant participant in the 2023 Series B round, NB Ventures underlined the commercial potential of Pixxel's space technology offerings.

iDEX

iDEX, under the Indian Ministry of Defence, provided grant funding to foster innovation and dual-use technology applications, validating Pixxel's importance in national and defense technology arenas.

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