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Earth imaging startup Pixxel has raised $25 million in a Series A funding round led by Radical Ventures. Pixxel announced the funding on Monday and said it will expedite production of its hyperspectral satellite constellation.
Relativity Space co-founder Jordan Noone participated in the round as well, along with Seraphim Space Investment Trust Plc, Lightspeed Partners, Blume Ventures, and Sparta LLC.
Pixxel, which is based in Palo Alto, California, and Bangalore, India, is building a hyperspectral satellite constellation geared toward climate use cases. The company recently retrieved its first hyperspectral satellite images from a camera that was launched last year in partnership with NanoAvionics and Dragonfly Aerospace. Pixxel is now planning to launch its first hyperspectral satellites as part of SpaceX’s upcoming Transporter-4 rideshare mission in April. It claims its microsatellites have 50 times higher resolution than existing multispectral counterparts.
“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,” commented Pixxel CEO and co-founder Awais Ahmed.
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