Bengaluru-based space tech startup Pixxel has closed a 100 million dollar Series C round — the largest ever raised by an Indian space technology company. The round was co-led by Temasek and Seraphim.The fundraise takes Pixxel’s total funding to 195 million dollars. New investors 360 ONE Asset and IMM Investment joined existing backers including Radical Ventures, growX Ventures and M&G Catalyst.Pixxel will use the money for its Honeybee constellation, a next-generation line of hyperspectral satellites.

The first Honeybee satellite is expected to launch in 2027. The company will also build out Aurora, its Earth intelligence software, and expand satellite manufacturing in India and the US.“Our goal is to make a changing planet understandable in time to act,” said founder and CEO Awais Ahmed. The startup began with hyperspectral imaging that reveals details about Earth’s surface beyond conventional cameras.The round topped a busy week for Indian startup funding.

Other deals included Nua’s 50 million dollar Series C led by Peak XV and Mokobara’s 18 million dollar round, according to weekly trackers.