Infostellar Raises $3.5 Million

TOKYO (Ionfostellar PR) — Infostellar, a highly innovative ground-segment-as-a-service (GSaaS) provider, has raised a total of USD 3.5 million in convertible bonds with existing investors Airbus Ventures and Sony Innovation Fund, while welcoming new investors Daiwa Energy Infrastructure, Mitsubishi UFJ Capital, and Mitsubishi UFJ Lease & Finance. As a result, the cumulative amount of funds raised now reaches USD 11.5 million.

Infostellar is continuing to raise additional funds, and this round is scheduled to be closed by June 2020.

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