Pixxel raises $100m Series C, bringing funding to $195m
Temasek and Seraphim Space co-led the round for expanded satellite sensing and Earth-intelligence services.
Named participants include 360 ONE Asset, IMM Investment, Radical Ventures, growX ventures and M&G Catalyst.
Pixxel plans to expand the Honeybee constellation, develop high-resolution optical satellites, scale Aurora software and increase Gigapixxel manufacturing capacity.
The $100m round follows $95m raised previously, including a $60m Series B closed in December 2024. Sovereign systems and additional sensing capabilities broaden the company’s work beyond its operational hyperspectral constellation.
Use of funds
Expand beyond hyperspectral imaging into advanced sensing satellites, Earth intelligence software, sovereign space systems and satellite manufacturing
Expand the Honeybee constellation
Develop high-resolution optical imaging satellites
Scale Aurora Earth intelligence platform
Increase Gigapixxel manufacturing capacity