Fenwick represented Pixxel, a developer of hyperspectral earth-imaging technology, in its $36 million Series B financing. Google, Radical Ventures, Lightspeed, Blume Ventures, growx, Sparta and Athera participated in the round.
Pixxel will use the new capital to accelerate its mission to build the world’s first and highest-resolution hyperspectral satellite constellation, delivering actionable climate insights on a planetary scale. It will also help further the development of Aurora: Pixxel’s AI-powered analytics platform to make hyperspectral analysis accessible for everyone. More information can be obtained from the company’s announcement.
The transaction was led by corporate partner Michael Brown and associates Ari Haber, John Clancy and Jillian Victor.