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.
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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.
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.
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.
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 funding was utilized for the initial launch, early-stage product development, and to set the foundation for Pixxel's pioneering work in satellite technology.
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.
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.
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 co-led the Series B extension, supporting Pixxel's operational scale-up and satellite manufacturing advancements.
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.
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.
A significant participant in the 2023 Series B round, NB Ventures underlined the commercial potential of Pixxel's space technology offerings.
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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This page is built with Exa, a web search API for AI agents. It is updated every 24 hours.
Exa searches the web, extracts relevant source content, and returns structured outputs with citations.
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"totalRaised": "Pixxel has raised a total of $95.7 million over 10 funding rounds. The rounds include 3 Seed rounds, 6 Early-Stage rounds, and 1 Grant (prize money) round. The latest funding round was a Series B round on November 15, 2024, raising $24 million led by Glade Brook Capital, Radical Ventures, and others. The largest funding round was a $36 million Series B round in June 2023 led by Google. Key investors include Google, Radical Ventures, Glade Brook Capital, Aditya Birla Ventures, NB Ventures, and iDEX. The funding rounds breakdown is as follows:\n\n1. Jul 14, 2019 - Seed round - $4.949M\n2. Aug 19, 2020 - Seed round - $2.98M\n3. Mar 17, 2021 - Seed round - $5.861M\n4. Mar 28, 2022 - Series A round - undisclosed amount, led by Radical Ventures\n5. Aug 30, 2022 - Early-Stage round - undisclosed amount\n6. Jun 01, 2023 - Series B round - $36M, led by Google and Radical Ventures\n7. Jul 25, 2023 - Grant (prize money) round - undisclosed amount, led by iDEX\n8. Oct 20, 2023 - Series B round - undisclosed amount, led by NB Ventures\n9. 2024 - Series B round - undisclosed amount, led by Aditya Birla Ventures\n10. Nov 15, 2024 - Series B round - $24M, led by Glade Brook Capital and Radical Ventures\n\nThe funding rounds were used for various purposes including product development, market expansion, and prize money grants. The latest rounds focused on scaling and expansion. This data is sourced primarily from Tracxn and corroborated by Crunchbase."
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