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Pixxel is aiming at building a constellation of earth-imaging small satellites to detect global phenomena in near real time
Basic Information
Pixxel is a space technology company building a constellation of cutting-edge earth imaging satellites and a software platform to extract imagery insights that the satellites beam down. Pixxel's constellation will provide global coverage every day once fully deployed. The data and insights will help organisations detect, monitor and predict global phenomena in agriculture, oil and gas, climate change, forestry, urban planning and other sectors. The first satellite of this constellation is getting readied to be launched at the end of this year on a Soyuz rocket.
Legal Name
:
Syzygy Space Technologies Pvt. Ltd.
Headquarters
:
Bengaluru, Karnataka, India
Business Model
:
B2B  
Founding Date
:
2019
No. of Employees
:
21 to 40
Core Team
:
1.  
Awais Ahmed
Founder & CEO
2.  
Kshitij Khandelwal
Founder & CTO
Tech30 Pitch
Timeline

2019

Company Incorporation

Feb | Company Incorporation

Company was incorporated in Feb 2019 while the founders were still pursuing undergraduate studies in BITS Pilani.

Raised Funding

May | Raised Funding

Raised pre-seed round from angels and GrowX ventures.

Accelerator / Incubator Program

Jul | Accelerator / Incubator Program

Was the only Asian startup to be selected for the TechStars Starburst Space Accelerator which was conducted in conjunction with JPL NASA, US Air Force, Lockheed Martin and others.

2020

Raised Funding

Aug | Raised Funding

Raised seed funding from Blume, GrowX and Lightspeed along with others.

Revenue Stream
Target Market
B2B
Companies that have use for satellite imagery analytics.
Client Segment
:
Aerospace & Defense,  AgriTech,  FoodTech,  Government & Military  
Target Companies
:
Startup,  Small Enterprise,  Medium Enterprise,  Large Enterprise  
Target Geography
:
Global  
Funding

Total Funding

$5.7M

Investors
:
1.  
Ryan Johnson
2.  
Lightspeed India Partners
3.  
Inventus Capital India
4.  
growX ventures

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Detail Round Breakdown
Round 1

$5M

Series Name
:
SEED