Announced
Completed
Financials
Tags
Aerospace
Private
Completed
space debris
Friendly
Cross Border
space travel
Private Equity
space transportation
Japan
Acquisition
Minority
Single Bidder
Venture Capital
Synopsis
aSTART, a venture capital firm, led a $191m Series E round in Astroscale, a private orbital debris removal company. The round saw a co-investment from Hulic, I-NET, Shimizu, and SPARX Group. This latest funding round will allow Astroscale to continue developing technologies, defining business cases and working with policymakers to ensure debris issues are addressed and servicing opportunities for sustainability are realized. "In Astroscale’s seven-and-a-half-year history, we have seen a growing awareness of the debris issue and the recognition that protecting space technologies is essential for improving our daily lives and helping to ensure sustainability on Earth. Our multiple funding rounds are a testament to the power of Astroscale’s vision of space sustainability, and this latest series will allow us to continue developing the technologies that will lead the debris removal and on-orbit servicing market," Nobu Okada, Astroscale Founder & CEO.
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