--- title: "Google Leads Funding Round for Benguluru-Based satellite-Image Satartup Pixxel" description: "Google leads Funding of $36 million for an Indian Satellite Image Pixxel firm" author: "Sanjay Goenka" published: 2023-06-02 updated: 2023-06-02 canonical: https://www.mindstick.com/news/3019/google-leads-funding-round-for-benguluru-based-satellite-image-satartup-pixxel category: "google" tags: ["google", "space science"] reading_time: 2 minutes --- # Google Leads Funding Round for Benguluru-Based satellite-Image Satartup Pixxel Alphabet Inc. Google leads a $36 [million funding](https://answers.mindstick.com/qa/38627/parliament-of-which-country-became-the-first-in-the-world-to-completely-run-on-solar-power-a-venture-supported-by-close-ally-china-with-a-whopping-55-million-funding) round for an **[Indian Space](https://yourviews.mindstick.com/view/87410/indian-space-station-chandrayaan-4-plans-ready-for-govt-approval-isro) Startup Pixxel** based in Bengaluru. This firm is used to identify [mineral deposits](https://answers.mindstick.com/qa/38584/name-the-operation-launched-by-geological-survey-of-india-gsi-targeting-deep-seated-and-concealed-mineral-deposits) or the productivity of crops and cropping fields by analyzing the spectral signature of an image. ## Highlights - Indian firm Pixxel just got more $71 million from investors - The company still ignores the mention of how much it got from Google - CEO of Pixxel said the company will use the funding to build its satellite network ![Google Leads Funding Round for Benguluru-Based satellite-Image Satartup Pixxel](https://www.mindstick.com/usernews/641521/968fa120-6cf5-4a94-87e5-b8eddb791228/images/bdb81948-1bbf-41f3-8174-650304f12739.jpg) [Google](https://www.mindstick.com/news/2993/google-releases-android-14-beta-to-several-smartphones-see-how-to-download) makes its first of this kind of investment in any Indian Space Sector after the step taken by the government to make it private by bringing a privatization policy in April. Alphabet Inc. **Google leads $36 million** (Approx Rs 297 crore) funds for Bengaluru-based Pexxel, which works as a [satellite image](https://www.mindstick.com/news/2805/india-s-isro-slv-d2-mission-three-observation-satellites-are-sent-into-orbit) startup. The space company Pixxel was founded in 2019 and the aim is to build a constellation of satellites that will have the ability to identify mineral deposits or the productivity of crops by noticing the special signature of an image. This startup bagged up around **$71 million** (approx. Rs. 585 crores) from several investors including Accenture PLC. Still, the space area company did not specify the exact amount of investment Google made in them. Giant [Tech](https://www.mindstick.com/services/technologies) Company Google did not immediately respond to the statement raised in the market about such an investment. Pixxel’s Founded and Chief Executive *Awaise Ahmed* said about company Pixxel would be “the most valued [tech company](https://answers.mindstick.com/qa/30529/which-tech-company-restructured-to-create-a-new-company-called-alphabet) in India after this investment.” “We work with [satellite data](https://answers.mindstick.com/qa/94046/how-can-i-order-satellite-data) and Google does a lot of work around that with [agriculture](https://www.mindstick.com/news/2146/isro-proposed-dedicated-satellites-for-the-agriculture-sector) and environment,” he also added “They also have Google Earth… so a combination of that led to them seeing a benefit.” Pixxel is among the most other companies which just comes after the government took action to make the space sector private. Also Read: [**Google's New Search Generative Experience is a rival of Microsoft Bing's AI**](https://www.mindstick.com/news/2991/google-s-new-search-generative-experience-is-a-rival-of-microsoft-bing-s-ai) --- Original Source: https://www.mindstick.com/news/3019/google-leads-funding-round-for-benguluru-based-satellite-image-satartup-pixxel Copyright © MindStick Software Pvt. Ltd. This Markdown version is provided for developers, AI systems, and offline reading.