Pixxel Raises $95 Million Series C to Scale Hyperspectral Satellite Constellation
Bengaluru-based spacetech startup Pixxel has raised $95 million in a Series C round led by Lightspeed, accelerating deployment of its 24-satellite hyperspectral imaging constellation.
Key Facts
| Detail | Value |
|---|---|
| Deal size | $95 M |
| Stage | Series C |
| Valuation | $650 million |
| Lead investor | Lightspeed |
| Headquarters | Bengaluru, India |
| Sector | Pixxel |
Pixxel has raised $95 million in a Series C round led by Lightspeed Venture Partners to scale its hyperspectral Earth-observation constellation to full commercial cadence.
Round Snapshot
What Pixxel Builds
Pixxel operates the world's highest-resolution commercial hyperspectral constellation, capturing 250+ spectral bands per image — far beyond traditional multispectral satellites. Use cases span precision agriculture, mineral exploration, environmental monitoring and defence intelligence.
Use of Proceeds
Why It Matters
With three commercial satellites already in orbit, Pixxel is one of the most operationally mature Indian spacetech companies. The Series C cements India's position as a credible exporter of commercial Earth-observation infrastructure.
Reported by Rohit Menon. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
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