Pixxel builds and operates the world's highest-resolution commercial hyperspectral Earth observation constellation. Founded in February 2019 by Awais Ahmed and Kshitij Khandelwal while they were undergraduates at BITS Pilani, it runs as a US-India company: the parent, Pixxel Space Technologies, Inc., is incorporated in Delaware and based in El Segundo, California, while PixxelSpace India Private Limited in Bengaluru is the primary engineering and manufacturing entity and houses the Megapixxel satellite facility. Its six Firefly satellites image at 5-metre resolution across more than 150 spectr
1StartupFox story
2019Founded
SpacetechSector
Sept 2026Latest coverage
Funding
Pixxel has raised $220M across 4 disclosed rounds, most recently a Series C in September 2026.
$220MRaised
Series CLatest round · September 2026
4Events
Series CSeptember 2026reported
$100M
InvestorsTemasek (co-lead), Seraphim Space (co-lead), 360 ONE Asset, IMM Investment, Radical Ventures, growX Ventures
Valuation
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September 2026Series C$100MTemasek (co-lead), Seraphim Space (co-lead), 360 ONE Asset, IMM Investment, Radical Ventures, growX Ventures
December 2024Series B$60MGoogle (lead), Radical Ventures, Lightspeed, Blume Ventures, growX Ventures, Glade Brook Partners, Seraphim Space
December 2024Series B extension$24MM&G Catalyst, Glade Brook Capital Partners, Google, Radical Ventures, Lightspeed
Founded by Awais Ahmed and Kshitij Khandelwal while undergraduates at BITS Pilani, initially funded with money borrowed from Ahmed's father, with the two living on around ₹10,000 a month while building hyperspectral prototypes. ↗
June 2023 · funding
Series B — $36M, led by Google (lead).
Sep 2024 · milestone
Selected for NASA's $476 million Commercial SmallSat Data Acquisition programme through November 2028, becoming the youngest company in a group of established global Earth observation providers. ↗
December 2024 · funding
Series B — $60M, led by Google (lead).
December 2024 · funding
Series B extension — $24M, led by M&G Catalyst.
2025 · milestone
Launches all six Firefly satellites, completing the first phase of its commercial constellation at 5-metre resolution across more than 150 spectral bands. ↗
May 2026 · milestone
Signs a five-year agreement with the US National Reconnaissance Office to integrate hyperspectral data into the agency's remote sensing architecture. ↗
September 2026 · funding
Series C — $100M, led by Temasek (co-lead).
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Pixxel builds and operates the world's highest-resolution commercial hyperspectral Earth observation constellation. Founded in February 2019 by Awais Ahmed and Kshitij Khandelwal while they were undergraduates at BITS Pilani, it runs as a US-India company: the parent, Pixxel Space Technologies, Inc., is incorporated in Delaware and based in El Segundo, California, while PixxelSpace India Private Limited in Bengaluru is the primary engineering and manufacturing entity and houses the Megapixxel satellite facility. Its six Firefly satellites image at 5-metre resolution across more than 150 spectr
Who founded Pixxel?
Pixxel is associated with Awais Ahmed, Kshitij Khandelwal.
How much funding has Pixxel raised?
Pixxel has raised $220M across 4 disclosed rounds. The most recent was a $100M Series C in September 2026.
Who are Pixxel's investors?
Disclosed investors in Pixxel include Temasek (co-lead), Seraphim Space (co-lead), 360 ONE Asset, IMM Investment, Radical Ventures, growX Ventures, Google (lead), Lightspeed, Blume Ventures, Glade Brook Partners, Seraphim Space, M&G Catalyst.
Is Pixxel profitable?
Per its FY25 standalone filing, Pixxel reported ₹39 Cr in revenue, with a ₹31 Cr loss.
What is the latest news on Pixxel?
The most recent StartupFox coverage is “Pixxel Raises $100M, the Largest Spacetech Round India Has Seen” (7 September 2026). All stories are listed on this page.
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