How Much Did Axelspace Raise?
Funding & Key Investors

Axelspace, a prominent player in the Japanese space technology sector, has successfully navigated multiple rounds of capital infusion to reach its current enterprise-level maturity. With a cumulative total funding amount of $106.4M, the company has demonstrated a consistent trajectory of growth and investor confidence. Most recently, the firm secured a major strategic investment totaling $44M, marking a significant milestone in its Series D financing phase. This influx of capital underscores the market's growing appetite for scalable microsatellite solutions and the company's pivotal role in democratizing access to space-based data.

The funding history of Axelspace reflects a long-term commitment from both institutional venture capital firms and strategic corporate partners. From its initial Series A round in 2015 to the latest Series D in late 2023, the company has systematically expanded its operational capacity and technological footprint. This progression highlights the firm's ability to attract diverse backing, ranging from specialized environmental investment groups to major financial institutions, all aligned with the company's vision of sustainable space operations.

What is Axelspace?

Axelspace
ManufacturingAerospace & DefenseBusiness Services

Headquartered in Tokyo, Axelspace is a pioneering force in the microsatellite industry. Established in 2008, the company has developed a comprehensive ecosystem that includes the AxelLiner microsatellite service and the AxelGlobe earth observation platform. By providing high-frequency, high-resolution imagery and data, Axelspace serves a wide array of industries, enabling clients to derive actionable insights from space. The company distinguishes itself through a dual focus on technological innovation and environmental sustainability, aiming to minimize the ecological footprint of satellite production and orbital operations. With a dedicated team of approximately 160 professionals, Axelspace is effectively bridging the gap between complex space engineering and practical, commercial applications for global enterprises.

How much funding has Axelspace raised?

Axelspace has raised a total of $106.4M across 4 funding rounds:

2015

Series A

$15.8M

2018

Series B

$22.8M

2021

Series C

$23.8M

2023

Series D

$44M

Series A (2015): $15.8M with participation from SKY Perfect JSAT, Weathernews Inc., Seibu Shinkin Capital, Mitsu & Co., ITOCHU Technology Ventures Inc, Energy & Environment Investment, Global Brain Corporation, SMBC Venture Capital, and Japan Science and Technology Agency

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, Sumitomo Mitsui Trust Investment Co., Kyocera, Global Brain, Sparx Innovation for Future, Mitsui Fudosan, and Mitsubishi UFJ Capital

Series D (2023): $44M featuring Keio Innovation Initiative, Global Brain, The Nanto Bank, Yamato Holdings, Sumitomo Mitsui Banking Corporation, Mitsui Fudosan, and Seibu Shinkin Bank

Key Investors in Axelspace

Global Brain

An independent venture capital firm specializing in hands-on support for startups, managing over $2.3 billion in assets to foster global innovation across technology and healthcare sectors.

Mitsui Fudosan

A leading Japanese real estate developer that actively engages in co-creation with startups to expand its business scope and drive the development of new industrial sectors.

Sumitomo Mitsui Banking Corporation

A core financial institution within the Sumitomo Mitsui Financial Group, providing comprehensive investment banking and corporate financial services to support high-growth technology ventures.

What's next for Axelspace?

With the successful closure of its Series D round, Axelspace is well-positioned to accelerate the deployment of its next-generation satellite constellations and enhance the analytical capabilities of its AxelGlobe platform. The strategic nature of this recent capital injection suggests a focus on scaling operations to meet increasing global demand for real-time earth observation data. Moving forward, the company is expected to deepen its integration with industrial partners, leveraging the expertise of its diverse investor base to penetrate new markets. By prioritizing sustainable growth and technological refinement, Axelspace is set to solidify its leadership in the competitive microsatellite landscape, potentially setting new standards for commercial space utility and environmental stewardship in the coming years.

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Frequently Asked Questions Regarding Axelspace Financial Insights

What are the most recent funding rounds that Axelspace has completed, and what were the funding rounds?
Axelspace has recently completed 3 funding rounds: Series D on Dec 21, 2023, Series C on May 14, 2021, Series B on Dec 7, 2018.
What is the total amount of funding Axelspace has raised to date?
Axelspace has raised a total of $106.4M in funding to date.
How many funding rounds has Axelspace completed?
Axelspace has completed 3 funding rounds.
How much funding did Axelspace raise in its most recent funding round?
Axelspace raised $44M in its most recent funding round.
Who are the lead investors in Axelspace's latest funding round?
The lead investor in Axelspace's latest funding round was Keio Innovation Initiative. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Axelspace's history?
The largest funding round in Axelspace's history was $44M.
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