BENGALURU: Indian space-technology startup Pixxel said on Wednesday it has raised $5 million in seed round led by Blume Ventures, growX ventures and Lightspeed India.

The round also included contributions from Inventus Capital India and other angel investors including Stanford Angels and Ryan Johnson, a veteran in the earth imaging space, it said in a statement.

The new funding will strengthen Pixxels plans for its first satellite launch later this year and accelerate developmentĀ ..

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