Alphabet-owned Google is making its first investment in the Indian space sector by leading a $36 million Series B funding round in Pixxel, a space tech startup based in Bengaluru. This move follows the Indian government’s announcement of a new privatization policy in April.
Founded in 2019, Pixxel is a startup focused on satellite imaging. Its goal is to create a constellation of satellites capable of identifying mineral deposits and assessing crop productivity by analyzing the spectral signatures of images.
Additionally, Pixxel aims to enable broadband services similar to Starlink and power applications such as supply chain tracking.
Following Google’s investment in Pixxel, Awais Ahmed, the founder and CEO, expressed that this investment makes Pixxel the most valued space tech company in India.
Our journey to the stars just got a $36M boost! We’re over the moon to announce that @PixxelSpace has secured $36M in Series B funding!
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