Mitsubishi Estate and Koei Tecmo have backed a $50m series D for space junk removal service Astroscale that almost doubled its total funding to $102m.
Singapore-based space debris removal technology developer Astroscale raised $50m on Wednesday in a series D round featuring property developer Mitsubishi Estate and games publisher Koei Tecmo’s Koei Tecmo Capital investment unit.
The round was led by public-private partnership Innovation Network Corporation of Japan (INCJ) and included aStart and Jafco, the latter of which also invested separately through its Jafco SV4 Investment fund.
Mizuho Growth Fund, SBI AI & Blockchain Fund and SMBC Venture Capital, respective vehicles managed by financial services firms…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
