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Axelspace Raises $44 Million, Closing Series D Funding Round to Accelerate Growth Toward Social Implementation of Microsatellite Applications

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Axelspace

Axelspace Holdings Corporation today announced that the company completed its Series D funding round raising approximately JPY 6.24 billion (equivalent to USD 44.0 million). The round sees the allocation of new shares to SMBC-GB Growth I Investment Limited Partnership, several other venture capitals, and corporate investors. This brings the cumulative amount of equity financing to approximately JPY 14.3 billion.

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