Japanese Space Industry Startup “Synspective” Raises US $100 Million in Funding

Synthetic aperture radar satellite (Credit: Synspective)

TOKYO, 29 March 2022 (Synspective PR) – Synspective Inc., a SAR satellite data and solutions provider, announced that the company has raised US $100M (11.9 billion yen) including a Series B funding round. The latest funding was led by Sompo Japan Insurance Inc. (Tokyo, Japan), Nomura SPARX Investment, Inc. (Tokyo, Japan), and Pavilion Capital Pte. Ltd. (Singapore) among others, as well as bank loans, and it is supposed to be ranked within the top ten largest startups in Japan. This puts our total funding value at US $200M (22.8 billion yen) since our founding.

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ispace Receives $17.9 Million in Bank Loans

HAKUTO-R lander on the moon. (Credit: ispace)

TOKYO (ispace PR) – ispace, inc. (ispace) announced that it signed loan agreements totaling of $17.9 million (USD)[1] with Sumitomo Mitsui Banking Corporation, MUFG Bank, Ltd., Resona Bank, Limited, and Japan Finance Corporation. As of May 31, ispace’s total amount of bank loans reached $20 million (USD)[2] including the existing loan from Japan Finance and Dai-ichi Kangyo Credit Cooperative.

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SPARX Group Establishes Space Frontier Fund to Foster Japanese Space Industry

TOKYO, June 29, 2020 (SPARX Group PR) — SPARX Innovation for the Future Co., Ltd. (SIF)—a subsidiary of SPARX Group Co., Ltd. (SPARX; TSE1: 8739)—today announced that it established the Space Frontier Fund. The Fund primarily aims to support human resources and technology development in space-related industries, to foster Japanese space companies that are competitive on the world stage, and to contribute to technological innovation throughout Japan.

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