What Happened
Indian Space Startup Expands Earth Intelligence Capabilities
Indian space tech startup Pixxel has raised $100 million in a Series C funding round, marking the largest funding round by a space technology company in India. The round was led by Singapore state investor Temasek and British space-technology venture firm Seraphim, with participation from existing investors Radical Ventures and growX Ventures, as well as new investors. Pixxel plans to use the fresh capital to expand its sensing capabilities and further develop its Earth intelligence software. This development was reported by Reuters.