Singapore's investment firm Temasek is leading a $100 million funding round in Indian space-tech startup Pixxel, valuing the company between $350 million and $400 million, according to livemint.com. The round also includes participation from GIC, another Singaporean sovereign wealth fund, marking a significant capital infusion for Pixxel.
The funding round was announced on July 7, 2026, as part of a broader surge in investments into space startups. Pixxel, which specializes in satellite imaging technology, attracted backing from Temasek and GIC, both known for their strategic investments in technology sectors. The deal follows recent large funding rounds for other Indian space startups such as Skyroot, Digantara, and Agnikul Cosmos, highlighting growing investor interest in the sector.
This investment underscores the increasing focus on space technology startups in India, a sector that has seen rapid growth and government support. The valuation of Pixxel places it among the leading private space-tech companies in the region. The participation of Temasek and GIC, both global investors, signals confidence in the potential of Indian space technology firms to scale and compete internationally.
Pixxel's $100 million funding round led by Temasek was reported by Bloomberg and covered by livemint.com on July 7, 2026, confirming the deal's closure and valuation range.