fbpx

Pixxel Secured $5 million in seed funding

In a release, the round also included investments from Inventus Capital India and other angel investors, including Stanford Angels and Ryan Johnson, a veteran in the field of earth imaging.

The company was founded in Feb 2019 by Awais Ahmed, Kshitij Khandelwal. They deal in Aerospace. They began with the vision and purpose of operating and contributing to the cutting edge of space technology as students of BITS Pilani, an Indian university located in the quaint little town of Pilani in Rajasthan.

The new funding will reinforce Pixxel’s plans to launch its first satellite later this year and accelerate the production of the second satellite, he said. In accordance with the investment, Ryan Johnson, former founder and CEO of the Canadian earth imaging company Blackbridge and former president of Planet Labs, one of the world’s largest satellite imaging firms, will join the company’s Board of Directors.

Pixxel said it is developing a network of small satellites for earth-imaging that will provide global coverage every 24 hours. Pixxel was created by then-21-year-olds Awais Ahmed and Kshitij Khandelwal in February 2019 while still studying at BITS Pilani in their final year of undergraduate studies.

top