Kyocera, Mitsui Fudosan and Japan Post hepled satellite technology developer Axelspace complete its series C round while PayPal is buying portfolio company Happy Returns.

Funding

Japan-based earth observation technology developer Axelspace closed a ¥2.58bn ($23.6m) series C round today featuring ceramics and electronics producer Kyocera, real estate developer Mitsui Fudosan and postal service Japan Post, the last two through 31 Ventures and Japan Post Investment respectively. They joined financial services firm Mitsubishi UFJ Group’s Mitsubishi UFJ Capital unit, asset manager Sparx’s Space Frontier Fund and Sumitomo Mitsui Trust Investment. The company had raised a total of $37.9m as of a $22.9m series B round…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Robert Lavine

Robert Lavine is special features editor for Global Venturing.
Email LinkedIn