How Much Did I-space Raise?
Funding & Key Investors

I-space, a Japanese venture focused on developing robotic spacecraft for lunar exploration and resource utilization, has recently secured a major strategic investment, adding to its substantial enterprise-level funding. The company's total funding to date stands at $217.7M, with its most recent capital infusion being $53.5M as of March 29, 2024. This latest financing round underscores the growing interest and investment in the burgeoning commercial space sector, particularly in lunar missions.

What is I-space?

I-space
ManufacturingAerospace & Defense

Founded in 2010 and headquartered in Tokyo, Japan, I-space is at the forefront of developing robotic spacecraft, including landers and rovers, designed to compete for both transportation and exploration mission contracts from space agencies and private industry. The company's ambitious vision is to enable clients to discover, map, and utilize natural lunar resources, positioning itself as a key player in the future of space commercialization and lunar development. I-space's technological advancements aim to unlock the potential of the Moon for scientific research and economic activities.

How much funding has I-space raised?

I-space has raised a total of $217.7M across 4 funding rounds:

2017

Series A

$90.2M

2020

Series B

$28M

2021

Series C

$46M

2024

Share Placement

$53.5M

Series A (2017): $90.2M with participation from Japan Airlines Co., Development Bank of Japan Inc., Shimizu Corporation, Toppan Printing, Tokyo Broadcasting System Holdings, Konica Minolta, KDDI, Suzuki Motor Corporation, Real Tech Fund, and Dentsu

Series B (2020): $28M led by Space Frontier Fund, Mitsui Sumitomo Insurance Co., Incubate Fund, and Takasago Thermal Engineering Co.

Series C (2021): $46M supported by Katsunori Sago, SoftBank Group, and Incubate Fund

Share Placement (2024): $53.5M, investors not publicly disclosed

Key Investors in I-space

SoftBank Group

SoftBank Group Corp. is a global technology holding company driving innovation across telecommunications, internet services, artificial intelligence, smart robotics, IoT, and clean energy technologies. Through its diverse portfolio of companies and strategic investments, including leading semiconductor IP providers, SoftBank Group supports the development and scaling of transformative technologies worldwide.

Incubate Fund

Incubate Fund is a venture capital firm dedicated to supporting ambitious entrepreneurs from the early stages of their challenges. They aim to contribute to economic development and create significant social impact through investment in startups. The company goes beyond traditional venture capital by building a support infrastructure that maximizes the growth potential of startups through both capital and human resources.

Japan Airlines Co.

Japan Airlines was founded in 1951 and became the first international airline in Japan. A member of the oneworld® alliance, the airline features 411 cities in more than 60 countries and regions together with its codeshare partners, with a modern fleet of 241 aircraft.

What's next for I-space?

With significant enterprise-level backing and a recent strategic investment, I-space is well-positioned to accelerate its development roadmap and pursue ambitious lunar missions. The company's focus on building a robust lunar ecosystem, from transportation to resource utilization, aligns with global trends in space exploration and commercialization. Future endeavors will likely involve scaling its technological capabilities, forging strategic partnerships, and executing key missions to demonstrate its lander and rover technologies. This sustained capital infusion signals strong confidence in I-space's long-term strategy and its potential to become a leader in the global space economy.

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Frequently Asked Questions Regarding I-space Financial Insights

What are the most recent funding rounds that I-space has completed, and what were the funding rounds?
I-space has recently completed 3 funding rounds: Share Placement on Mar 29, 2024, Series C on Aug 4, 2021, Series B on Aug 20, 2020.
What is the total amount of funding I-space has raised to date?
I-space has raised a total of $217.7M in funding to date.
How many funding rounds has I-space completed?
I-space has completed 3 funding rounds.
How much funding did I-space raise in its most recent funding round?
I-space raised $53.5M in its most recent funding round.
Which was the largest funding round in I-space's history?
The largest funding round in I-space's history was $90.2M.
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