Pixxel Raises $25 Million In Series A Pixxel is launching the first of its hyperspectral satellites as part of SpaceX's upcoming April Transporter-4 mission

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

Pixxel, a cutting-edge earth-imaging technology, has raised $25 million in Series A round. The funding was led by Radical Ventures, a Toronto-based firm known for investing in entrepreneurs that use artificial intelligence to transform massive industries.

Additional participation in Pixxel's Series A comes from Jordan Noone, Seraphim Space Investment, Lightspeed Partners, Blume Ventures, Sparta LLC and Inventus Capital India. The new funding will enable Pixxel to expedite production of the world's highest resolution hyperspectral satellite constellation and to offer industry AI-powered insights that discover, solve and predict climate issues at a fraction of traditional satellite costs.

"We are excited to welcome these new investors as we work to address one of the most pressing issues facing our planet. We're committed to providing a critical tool in the fight against climate change, helping researchers and on-the-ground responders detect and develop effective strategies to combat imminent environmental threats. This funding will not only assist us with this goal but will help us improve our software capabilities so that organizations of all sizes can access and understand this data," said Awais Ahmed, CEO of Pixxel.

Pixxel is launching the first of its hyperspectral satellites as a part of SpaceX's upcoming April Transporter-4 mission. These earth-imaging microsatellites have 50 times higher resolution than existing multispectral counterparts and unlike drone or land-based multispectral sensors, Pixxel will be able to capture data at global scale.

Pixxel's platform unlocks a range of novel environment and sustainability use cases, offering advanced tools for agriculture, oil and gas, mining and environmental agencies to analyze geospatial composites of the earth's surface in real-time through a simple API. This level of precise detail will provide deep insights for the government to control and manage risk activities across several industries, said a statement.

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
Leadership

Doing Well by Doing Good — How Purpose-Driven Entrepreneurs Are Changing the World

Exploring the transformative impact of mission-driven business leadership.

News and Trends

Recur Club Announces Credit Offerings for Startups Beyond Series A and SMEs

In FY 24–25, the platform also plans to deploy an additional INR 2000 crores through its Recur Swift program for startups.

Business News

'I Love Doing Product Reviews': Bill Gates Stepped Down from Microsoft in 2020, But Admits He Still Spends 15% of His Time Working at the Company

In a new interview with the Wall Street Journal, Gates also said he is still close with Microsoft's CEO Satya Nadella.

Business News

'Everyone Can Profit From It': What Is DeepSeek? China's 'Cheap' to Make AI Chatbot Climbs to the Top of Apple, Google U.S. App Stores

DeepSeek researchers claim it was developed for less than $6 million, a contrast to the $100 million it takes U.S. tech startups to create AI.

News and Trends

Handloom Fashion Brand Dressfolk Secures Funding to Scale Indian Craftsmanship Globally

In FY24, Dressfolk achieved nearly 200 per cent growth, supported by a network of over 800 weavers and 120 artisans across six Indian states.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.