Pixxel, a cutting-edge earth-imaging tech startup, has raised $25 million in Series A funding — which declares them to be India’s largest fundraising by a space technology company to date.
The funding was led by Radical Ventures, a Toronto-based firm known for investing in entrepreneurs who use artificial intelligence to transform massive industries. Additional participation came from Jordan Noone, Seraphim Space Investment, Lightspeed Partners, Blume Ventures, Sparta LLC, and Inventus Capital India.
The capital will authorize Pixxel to accelerate the 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.