Synspective has been backed by a University of Tokyo VC vehicle in its bid to launch a constellation of 25 small Earth observation satellites powered by synthetic aperture radar.
Synspective, a Japan-based synthetic aperture radar satellite developer spun out of University of Tokyo, has received ¥300m ($2.7m) of funding from investors including University of Tokyo’s Innovation Platform (IPC) unit.
IPC invested through a vehicle called IPC 1, one of a raft of university venture funds established in Japan as the country’s academic sector looks to close the innovation gap with the US. The round also featured investment firm Jafco.
Founded in February 2018, Synspective is looking…