GrowX Mints 17X Returns On Partial Exit From Pixxel

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SUMMARY

GrowX Ventures Fund has partially exited its investment in spacetech startup Pixxel with a colossal 17X return

The shares sold by GrowX were lapped up by existing investors Athera Venture Partners and Spartan, a source told Inc42

Founded in 2019, Pixxel launched the first three of its hyperspectral imagery satellites on a SpaceX rocket from the US in January 2025 – marking the launch of India’s first private satellite network

B2B and deeptech-focussed VC firm GrowX…



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GrowX Mints 17X Returns On Partial Exit From Pixxel


SUMMARY

GrowX Ventures Fund has partially exited its investment in spacetech startup Pixxel with a colossal 17X return

The shares sold by GrowX were lapped up by existing investors Athera Venture Partners and Spartan, a source told Inc42

Founded in 2019, Pixxel launched the first three of its hyperspectral imagery satellites on a SpaceX rocket from the US in January 2025 – marking the launch of India’s first private satellite network

B2B and deeptech-focussed VC firm GrowX…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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