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“Kyocera Corporation”
Axelspace Closes Series C Funding Round with $23.8 Million Raise

Daily monitoring of the world to be realized with 10 satellite-constellation

TOKYO (Axelspace PR) — Axelspace Holdings Corporation today announces that the company completed its Series C funding round raising approximately JPY 2.58 billion (equivalent to USD 23.8 million). The round sees the allocation of new shares to The Space Frontier Fund, several other venture capitals and corporate investors.

Major Accepting institutions

  • The Space Frontier Fund
    (Managed by SPARX Innovation for Future Co., Ltd.)
  • Japan Co-Invest III Limited Partnership
    (Managed by Sumitomo Mitsui Trust Investment Co., Ltd.)
  • Japan Post Investment I, ILP
    (Managed by Japan Post Investment Corporation)
  • 31VENTURES – Global Brain – Growth I Joint Project
    (Managed by Mitsui Fudosan Co., Ltd. and Global Brain Corporation)
  • KYOCERA Corporation
  • Mitsubishi UFJ Capital VII, Limited Partnership
    (Managed by Mitsubishi UFJ Capital Co., Ltd.)
  • Parabolic Arc
  • May 14, 2021