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Singapore's Temasek Leads $100 Million Round in Indian Satellite Startup Pixxel
mint - companies·Wednesday, 8 July 2026
Temasek, Singapore's state-owned investment firm, is leading a $100 million funding round in Indian space-tech startup Pixxel at a valuation of $350–400 million. GIC is also part of the round. The deal is part of a broader wave of capital flowing into Indian space startups, including Skyroot, Digantara, and Agnikul Cosmos.
Why It Matters
Global sovereign wealth funds betting this much on Indian space startups signals that India's private space sector is being taken seriously on the world stage.
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