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Pixxel Announces $25M Investment Led By Radical Ventures To Advance The World’s Most Detailed Imaging Satellites For Earth Health Monitoring

Mar 28, 2022over 3 years ago

Amount Raised

$25 Million

Palo Alto

Description

Pixxel, a leader in cutting-edge earth-imaging technology, announced a $25 million Series A led by Radical Ventures, a Toronto-based firm known for investing in entrepreneurs that use artificial intelligence to transform massive industries. Additional participation in Pixxel’s Series A comes from Jordan Noone, Seraphim Space Investment Trust Plc, Lightspeed Partners, Blume Ventures, and Sparta LLC. The new funding enables Pixxel to expedite 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.

Company Information

Company

Pixxel

Location

Palo Alto, California, United States

About

Pixxel is building a health monitor for the planet by building and launching the world’s highest resolution hyperspectral imaging satellites. Co-founded by then 20 year olds Awais Ahmed and Kshitij Khandelwal in 2019, Pixxel has worked with notable organizations such as the Indian Space Research Organization, NASA JPL, and SpaceX among space stalwarts. Pixxel is backed by Lightspeed, Radical Ventures, Relativity's Jordan Noone, Seraphim Capital, Ryan Johnson, Blume Ventures, Sparta LLC, growX ventures, Inventus Capital, and Omnivore VC among others. For more information visit www.pixxel.space or follow Pixxel on Twitter and LinkedIn.

FundzWatch™ Score

69
Medium Activity

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