SpaceTech VCLink’s Post

"Exciting news from the spacetech world! Google-backed startup Pixxel has raised an additional $24 million in its Series B funding round! This new investment will help Pixxel further develop its cutting-edge satellite imaging technology, which is poised to revolutionize the way we monitor our planet. With its advanced constellation of hyperspectral satellites, Pixxel is enabling businesses and governments to make data-driven decisions on climate change, natural resources, and more. What does this mean for the future of spacetech and Earth observation? Share your thoughts! Congratulations to the Pixxel team on this significant milestone! #spacetech #satelliteimaging #sustainability"

GalaxEye Space Secures $10M in Series A Funding 🌍 GalaxEye Space, a trailblazing startup in the space technology sector, has successfully closed a $10 million Series A funding round. This funding will help accelerate the company’s development of the world’s first multi-sensor satellite, designed to provide high-resolution, all-weather Earth observation data. Founded in 2021, GalaxEye is redefining satellite technology with its innovative approach to global Earth monitoring. With this new funding, the company aims to scale its operations and bring its groundbreaking satellite to market, offering real-time, actionable insights to industries including agriculture, environmental monitoring, and disaster management. This milestone would not have been possible without the support of their dedicated investors, partners, and team. The future looks bright as GalaxEye continues to push the boundaries of space technology and Earth observation. #SpaceTech #SatelliteInnovation #EarthObservation #SeriesAFunding #GalaxEye #Innovation #TechForGood #eDarpan

🚀 PhotonPath Secures Strategic Investments from Deep Ocean Capital SGR S.P.A. and Levante Capital! 🚀 We are excited to announce significant investments from Deep Ocean Capital and Levante Capital. This partnership is a pivotal milestone as we scale to meet the growing demand for our cutting-edge solutions in optical communications and sensing. 💬 "The addition of Deep Ocean Capital and Levante Capital not only fuels our financial resources but significantly enhances our strategic capabilities," said Douglas Aguiar, CEO at PhotonPath. 📊 Future Growth Prospects This investment is part of a bridge round to bolster our expansion. We are also engaging with additional investors and aim to close another round by Q3 of this year, creating a unique opportunity to join us at a crucial growth stage. Stay tuned for more updates on our journey and future investment opportunities! 🌐 For more information, visit our website at www.photon-path.com and follow us on here on LinkedIn #PhotonPath #Investments #DeepTech #Photonics #Innovation #Growth #TechNews #FutureTechnology #OpticalCommunications #SensingSolutions

Why Hyperspectral Imaging Is the Future of Earth Observation 🌌 In a milestone for the space tech industry, Pixxel has raised an additional $24M in its Series B funding round, bringing the total to $60M and $95M in total funding to date. This positions Pixxel as a leader in hyperspectral imaging, one of the most promising technologies for transforming how we observe and understand our planet. With support from new investors like M&G Catalyst and Glade Brook Capital Partners, alongside industry giants like Google, Radical Ventures, and Lightspeed, Pixxel is accelerating its deployment of an 18-satellite constellation. What other applications do you think could benefit from advancements in hyperspectral imaging? https://lnkd.in/emFRnkVR #investment #hyperspectral #constellation #insidespace

Veteran Ventures Capital invests in Turion Space to drive advanced space technology, Los Angeles CA (SPX) Dec 03, 2024 Veteran Ventures Capital (VVC), a venture capital firm dedicated to supporting dual-use national security technology led by veteran entrepreneurs, has announced a strategic investment in Turion Space. Turion Space specializes in addressing critical space challenges, including space domain awareness and non-earth imaging, through their innovative Droid micro-satellite technology. Turion's f,

Excited to announce M&G Investments Catalyst's investment in Pixxel, one of the brightest stars of US-India space-data ecosystem. Pixxel's pioneering technology will help unlock a wide variety of interesting use cases in planetary health including monitoring water quality, crop growth, biodiversity and climate change. This investment underscores our commitment to back innovative businesses that are solving the world's biggest problems.   https://lnkd.in/emqutb9R   #impact #spacetech #AI #profitwithpurpose #planethealth

Space data firm and spacecraft manufacturer Pixxel has secured an additional $24 million in funding during its Series B round, bringing the total Series B funding to $60 million and the overall funding to $95 million. New investors M&G plc Catalyst and Glade Brook Capital Partners LLC Capital Partners joined existing backers such as Radical Ventures and Lightspeed. The funds will be used to accelerate the development and launch of Pixxel's 18 commercial hyperspectral satellites, support the growth of its software offerings, including its AI-driven Earth Observation platform, and expand its satellite manufacturing capacity. PIXXEL is a space data company that specializes in developing a network of hyperspectral earth imaging satellites, alongside the analytical tools necessary to extract valuable insights from the gathered data. Established in Bangalore in 2019, PIXXEL aims to revolutionize the way businesses and governments utilize satellite data for various applications, such as environmental monitoring, urban planning, and disaster management. By offering advanced analytics and AI-driven solutions, PIXXEL empowers organizations to make informed decisions based on accurate and up-to-date data sourced directly from their own constellation of satellites. Factacy.ai Congratulates and wishes them well. #innovation #management #digitalmarketing #technology #creativity #futurism #startups

European #spacetech is drawing attention from VCs and politicians alike, but it has a long way to go to be competitive. By @Siftedeu https://lnkd.in/eJ5j9HYJ #NordicMade #nordicspacetech

🌌 𝗧𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗦𝗽𝗮𝗰𝗲 𝗧𝗲𝗰𝗵 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀 : 𝗩𝗲𝗻𝘁𝘂𝗿𝗲 𝗖𝗮𝗽𝗶𝘁𝗮𝗹’𝘀 𝗡𝗲𝘅𝘁 𝗙𝗿𝗼𝗻𝘁𝗶𝗲𝗿 As humanity sets its sights beyond Earth, the space tech industry is emerging as a goldmine for innovation and growth. From satellite technology to space tourism, this sector is redefining possibilities while unlocking unparalleled opportunities for venture capitalists. 𝙒𝙝𝙮 𝙞𝙨 𝙣𝙤𝙬 𝙩𝙝𝙚 𝙩𝙞𝙢𝙚 𝙩𝙤 𝙞𝙣𝙫𝙚𝙨𝙩 𝙞𝙣 𝙨𝙥𝙖𝙘𝙚 𝙩𝙚𝙘𝙝? 🚀 - 𝙐𝙣𝙥𝙧𝙚𝙘𝙚𝙙𝙚𝙣𝙩𝙚𝙙 𝙖𝙙𝙫𝙖𝙣𝙘𝙚𝙢𝙚𝙣𝙩𝙨 𝙞𝙣 𝙩𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮. - 𝙂𝙧𝙤𝙬𝙞𝙣𝙜 𝙙𝙚𝙢𝙖𝙣𝙙 𝙛𝙤𝙧 𝙨𝙖𝙩𝙚𝙡𝙡𝙞𝙩𝙚-𝙙𝙧𝙞𝙫𝙚𝙣 𝙨𝙤𝙡𝙪𝙩𝙞𝙤𝙣𝙨. - 𝘽𝙞𝙡𝙡𝙞𝙤𝙣-𝙙𝙤𝙡𝙡𝙖𝙧 𝙢𝙖𝙧𝙠𝙚𝙩𝙨 𝙞𝙣 𝙚𝙭𝙥𝙡𝙤𝙧𝙖𝙩𝙞𝙤𝙣 𝙖𝙣𝙙 𝙘𝙤𝙢𝙢𝙚𝙧𝙘𝙞𝙖𝙡𝙞𝙯𝙖𝙩𝙞𝙤𝙣. Space tech isn’t just about looking up—it’s about reaching new heights in innovation and profitability. 📖 #Read our latest #blog to explore how venture capital is driving the future of space exploration and why investors are eyeing this exciting frontier! #SpaceTech #VentureCapital #Innovation #NextFrontier #BestvantageInvestments #StartupFunding #SpaceExploration #InvestorInsights #FutureTrends

Pixxel, the US-India-based space tech company building the world’s highest-resolution hyperspectral satellite constellation, has successfully raised an additional $24 million as part of its Series B extension round. This brings the total Series B funding to $60 million and the total funding raised to date to $95 million! The new investors, M&G Catalyst and Glade Brook Capital Partners LLC , join the ranks of renowned backers like Google, Lightspeed, and Radical Ventures, positioning Pixxel as one of the highest-funded space-tech startups globally. With this funding, Pixxel will accelerate the launch of its 18 satellite constellation and expand its AI-driven Earth Observation platform, Aurora. This technology is set to revolutionize industries ranging from agriculture to environmental monitoring, offering unparalleled insights through hyperspectral imaging. The upcoming Fireflies constellation, slated for launch in early 2025, will provide global coverage with 5-meter resolution and daily revisit capabilities. These innovations will enable organizations to make data-driven decisions on climate change, resource management, and more. As we look to the future, Pixxel remains committed to building a healthier planet through cutting-edge space technology. Read More: https://lnkd.in/gxCqPaaU