What is Axelspace?
Established in 2008 and headquartered in Tokyo, Japan, Axelspace is at the forefront of microsatellite technology, aiming to make space accessible for diverse industrial applications. The company provides a comprehensive microsatellite service, AxelLiner, and an earth observation platform, AxelGlobe, delivering critical insights to its clientele. With a dedicated team of approximately 160 professionals, Axelspace is committed to advancing space technology while prioritizing sustainability and minimizing the environmental footprint of its operations. The company's focus on innovative earth observation solutions positions it as a key player in the burgeoning space economy.
How much funding has Axelspace raised?
Axelspace has raised a total of $106.4M across 4 funding rounds:
Series A
$15.8M
Series B
$22.8M
Series C
$23.8M
Series D
$44M
Series A (2015): $15.8M with participation from SMBC Venture Capital, Japan Science and Technology Agency, Global Brain Corporation, SKY Perfect JSAT, Weathernews Inc., ITOCHU Technology Ventures Inc, Seibu Shinkin Capital, Mitsu & Co., and Energy & Environment Investment
Series B (2018): $22.8M led by Global Brain Corporation and Mitsui Fudosan Co. Ltd
Series C (2021): $23.8M supported by JAPAN POST INVESTMENT, Kyocera Group, Sumitomo Mitsui Trust Investment Co., Global Brain, Sparx Innovation for Future, Mitsubishi UFJ Capital, and Mitsui Fudosan
Series D (2023): $44M featuring Sumitomo Mitsui Banking Corporation, Global Brain, The Nanto Bank, Yamato Holdings, Mitsui Fudosan, Seibu Shinkin Bank, and Keio Innovation Initiative
Key Investors in Axelspace
JAPAN POST INVESTMENT
JAPAN POST INVESTMENT is a financial services company specializing in investment management and advisory services, with a focus on regional business succession and impact investments.
Kyocera Group
Kyocera Group is a Japanese multinational ceramics and electronics manufacturer, known for its diverse technological innovations.
Sumitomo Mitsui Trust Investment Co.
Sumitomo Mitsui Trust Investment Co., Ltd. is a venture capital and private equity firm that offers investments in Real Estates and other ventures.
What's next for Axelspace?
The recent major strategic investment signals Axelspace's readiness to scale its operations and further develop its innovative microsatellite and earth observation platforms. This infusion of capital is expected to accelerate product development, expand market reach, and enhance its technological capabilities. As Axelspace continues its trajectory, it is poised to solidify its position as a pivotal enabler of space-based data and services, driving innovation across sectors such as agriculture, disaster management, and infrastructure monitoring. The company's strategic partnerships and ongoing technological advancements suggest a future focused on expanding its global footprint and delivering unparalleled value through accessible space solutions.
See full Axelspace company page
