.
MergerLinks Header Logo

Announced

Completed

aSTART led a $191m Series E round in Astroscale.

Financials

Edit Data
Transaction Value£146m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Aerospace

Private

Completed

space debris

Friendly

Cross Border

space travel

Private Equity

space transportation

Japan

Acquisition

Minority

Single Bidder

Venture Capital

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US