Temasek backs Pixxel with $100M, boosting valuation to $400M
Temasek leads $100M raise for Indian hyperspectral satellite maker Pixxel, pumping over $50M and pushing valuation to $350‑400M. Existing backer GIC ups its stake, underscoring a surge of sovereign money into India’s space‑tech sector. The capital will fuel Pixxel’s satellite manufacturing expansion and broader Earth‑observation services.