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Deal: Trilegal advised Pixxel on its USD 100 million Series C Fund Raise led by Temasek and Seraphim

08 Sep 2026

Trilegal advised Pixxel and its founders on its Series C funding round of USD 100 million led by Temasek and Seraphim. Existing investors Radical Ventures and growX Ventures, and new investors 360 ONE Asset and IMM Investment, also participated in the round.

The Trilegal Corporate team advising on the matter was led by Partner: Abhishek Dubey; and supported by Counsel: Ishita Sinha and Associates: Sagnik Sarkar and Aditya Kaushik.

Pixxel is a space-tech company that operates six of the world’s highest-resolution commercial-grade hyperspectral Earth observation satellites (the ‘Firefly’ constellation), a hyperspectral image-processing platform (known as ‘Aurora’), and a satellite-manufacturing business serving commercial and sovereign customers. It also leads a consortium building an indigenous 12-satellite Earth observation constellation with the Indian National Space Promotion and Authorization Centre (IN-SPACe) on a public-private partnership basis, at an estimated project cost exceeding INR 1,200 crore.

About Trilegal

Trilegal is a leading full-service law firm in India with over 25 years of experience, trusted for its in-depth expertise and client-centric approach. The firm advises a diverse set of clients, including Fortune 500 companies, global investment funds, major Indian conglomerates, domestic and international banks, technology and media giants, family offices, and high-net-worth individuals. Operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country, with offices across Mumbai, Delhi, Gurugram, Bengaluru, Chennai, Pune, and GIFT City.

Trilegal has consistently been recognised among India’s top-tier firms in leading legal directories such as Chambers & Partners (Asia Pacific and Global), Legal 500 Asia Pacific, and Benchmark Litigation. It has also earned several prestigious accolades, including being named Law Firm of the Year at the ET Global Legal Awards 2026, Best Overall Law Firm by India Business Law Journal (IBLJ) 2025Innovative Lawyers in Disputes & Crisis Management by the Financial Times (FT) Innovative Lawyers Asia-Pacific Awards in 2025, and M&A Firm of the Year by IFLR Asia-Pacific in 2024.

For more information, please get in touch with Prakruti Jani | Mob: +91-9867868976 | BD@trilegal.com.

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