Thursday, March 28

Tag: Pixxel

Space Tech Startup Pixxel secures USD 5 million in funding
FUNDING

Space Tech Startup Pixxel secures USD 5 million in funding

Bengaluru, 19th Aug 2020: Indian space-technology startup Pixxel has raised USD 5 million in a seed round led by Blume Ventures, growX ventures, and Lightspeed India. The round also included contributions from Inventus Capital India and other angel investors including Stanford Angels and Ryan Johnson, a veteran in the earth imaging space, it said in a statement. The new funding will strengthen Pixxels plans for its first satellite launch later this year and accelerate development of the second satellite, it said. In conjunction with the funding, Ryan Johnson, previously founder and CEO at Blackbridge, a Canadian earth- imaging company, and ex-President at Planet Labs, one of the largest satellite imaging companies in the world, will be joining the Board of Directors at the compan...