Axelspace raises $22.8 million for remote-sensing constellation
07 December 2018
Japanese startup Axelspace secured $22.8 million from investors to fund a constellation of specialised remote-sensing satellites.
Tokyo-based Axelspace raised the Series B funds from 31VENTURES – Global Brain – Growth I Joint Venture, with participation from the Innovation Network Corp. of Japan, SBI Investment Co., Dai-ichi Life Insurance Company, and the University of Tokyo's Innovation Platform.
Image credit: Axelspace - A video still - Axelspace is planning a constellation of 100-kilogram small satellites to image the Earth daily.