Axelspace Corporation
Axelspace Corporation, with the slogan "We are pioneers of micro-satellite technology," is a pioneer in micro-satellites technology, founded in 2008 in Japan. The company has a vision of "Space within Your Reach" and has developed and operated 9 satellites so far. Axelspace is creating a new future for space utilization with an international team from more than 20 countries.
The company provides the Earth Observation Platform "AxelGlobe" with a 5-satellite constellation and a one-stop service for microsatellites called "AxelLiner." AxelGlobe has the capability to capture anywhere on Earth once in a few days. Additionally, the company is set to launch "Pyxis," the first demonstration microsatellite of AxelLiner, in the 1Q of 2024.
The last investment of ¥6.24B was made in a Series D round on 20 December 2023. The investors in this round included Global Brain, Keio Innovation Initiative, Mitsui Fudosan, Yamato Holdings, Persol venture partners, EPSON X Investment, TUSIC, Sanjo Shinkin Bank, Nanto Bank, and Sumitomo Mitsui Banking Corporation.
For more details, interested parties can visit the company's website or find them on Twitter (@theaxelglobe) and Instagram (@theaxelspace).
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series D | ¥6.24B | 10 | Sumitomo Mitsui Banking Corporation, Nanto Bank | 20 Dec 2023 |
Non Equity Assistance | Unknown | 1 | Google for Startups | 10 Nov 2022 |
Series C | ¥2.58B | 8 | SPARX Innovation for the Future, Kyocera | 13 May 2021 |
Non Equity Assistance | Unknown | 1 | VentureOut | 29 Sep 2020 |
Debt Financing | ¥550.00M | 1 | 17 Jul 2019 |
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