Pixxel, the space-technology startup that raised $36 million led by tech giant Google last year in June, has further secured $24 million as a part of its Series B round, adding the total funding in the round to $60 million.

British firm M&G Catalyst and American growth equity-focused fund Glade Brook Capital Partners are the new investors.

Pixxel, which also counts Canada's Radical Ventures and Lightspeed, has raised $95 million so far.

“The fresh injection of capital will enable us to launch more satellites more quickly, transforming how humanity perceives and responds to the challenges of our time”, said Awais Ahmed, Founder & CEO of Pixxel.

The startup said in a statement that it will use the capital to accelerate the development and launch its entire constellation of 18 commercial hyperspectral satellites.

The funds will be used to enhance its software offerings, including the artificial intelligence platform Aurora, improve operations, and strengthen its capacity to provide a comprehensive range of satellite manufacturing services. Additionally, Pixxel plans to expand its research and development efforts to stay at the forefront of space technology innovation.

Pixxel operates two offices, one in Los Angeles and another in Bengaluru. Its customer base includes prominent organizations such as the Indian Space Research Organization (ISRO), the NASA Jet Propulsion Laboratory, and SpaceX. The startup aims to further establish itself as a key player in the global space tech ecosystem.