Announced
Completed
Financials
Tags
Friendly
Acquisition
Private
Cross Border
Completed
Minority
Aerospace
Automobiles
space debris
space transportation
space travel
Japan
Private Equity
Venture Capital
Single Bidder
Synopsis
THE FUND, Seraphim Space and DNCA Invest led a $109m Series F round in Astroscale, an orbital debris removal company. Additional investors included Japan Growth Capital Investment, AXA Life Insurance, IE FAST AND EXCELLENT, Innovation Engine, EEI Fund 4, Opus, Y’s Investment, Solaris ESG Master Fund, Chiba Dojo Fund II, Prelude Structured Alternatives Master Fund and Yamauchi No.10. “Since Astroscale’s inception in 2013, we have dedicated ourselves to solving the technological, economic and policy aspects of satellite servicing to build a sustainable infrastructure for a thriving space ecosystem. This latest round of funding will dramatically accelerate our ability to make on-orbit servicing routine by 2030. It also shows that investors around the world, acknowledge the tremendous potential in the emerging on-orbit servicing market, which will revolutionize the future of space," Nobu Okada, Astroscale Founder and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.