Japanese Startup Raises $46 Million to Help Fund Moon Mission
- Tokyo-based ispace is planning a lunar landing mission in 2022
- Series C round brings total raised by ispace to $195.5 million
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Ispace Inc., a Tokyo-based space startup planning its first trip to the moon next year, has raised $46 million from Japanese investors to help bankroll future missions.
The Series C round was led by Incubate Fund, with participation from six other investors including former SoftBank Group Corp. Chief Strategy Officer Katsunori Sago and funds managed by Innovation Engine Inc. and SBI Investment Co., ispace said in a statement on Wednesday. That brings the total amount raised by the company to about $195.5 million.