APAC CIOOutlook

Advertise

with us

  • Technologies
      • Artificial Intelligence
      • Big Data
      • Blockchain
      • Cloud
      • Digital Transformation
      • Internet of Things
      • Low Code No Code
      • MarTech
      • Mobile Application
      • Security
      • Software Testing
      • Wireless
  • Industries
      • E-Commerce
      • Education
      • Logistics
      • Retail
      • Supply Chain
      • Travel and Hospitality
  • Platforms
      • Microsoft
      • Salesforce
      • SAP
  • Solutions
      • Business Intelligence
      • Cognitive
      • Contact Center
      • CRM
      • Cyber Security
      • Data Center
      • Gamification
      • Procurement
      • Smart City
      • Workflow
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Artificial Intelligence

    Big Data

    Blockchain

    Cloud

    Digital Transformation

    Internet of Things

    Low Code No Code

    MarTech

    Mobile Application

    Security

    Software Testing

    Wireless

  • E-Commerce

    Education

    Logistics

    Retail

    Supply Chain

    Travel and Hospitality

  • Microsoft

    Salesforce

    SAP

  • Business Intelligence

    Cognitive

    Contact Center

    CRM

    Cyber Security

    Data Center

    Gamification

    Procurement

    Smart City

    Workflow

Menu
    • Cyber Security
    • Hotel Management
    • Workflow
    • E-Commerce
    • Business Intelligence
    • MORE
    #

    Apac CIOOutlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIOOutlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    Ispace Bags USD 28 Million in Series B Round of Financing

    Along with the Series B investment round, the company launched a new lunar data business concept, labeled "Blueprint Moon," a planned data-centric platform through which the company aims to support customers with lunar market entry.  

    Ispace Bags USD 28 Million in Series B Round of Financing

    By

    Apac CIOOutlook | Tuesday, August 25, 2020

    Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.

    Along with the Series B investment round, the company launched a new lunar data business concept, labeled "Blueprint Moon," a planned data-centric platform through which the company aims to support customers with lunar market entry

    FREMONT, CA: Japanese space startup Ispace secured USD 28 million in a Series B funding round led by IF SPV 1st Investment Partnership (through Incubate Fund), with participation from Space Frontier Fund, Takasago Thermal Engineering Co. and Mitsui Sumitomo. The latest round of investment takes the company's total raised capital to USD 125 million. The company's proceeds from the investment round will continue to develop its commercial lander ahead of planned launches in 2022 and 2023.

    "This new investment and launch of our new lunar data offering concept will not only support the steady development of Ispace's business, but will also prove that Ispace can lead globally in the development of the lunar economy, expanding humanity's presence into space and creating a more sustainable world," said Takeshi Hakamada, Founder & CEO of Ispace, Inc. The company is currently developing a small commercial lunar lander and miniature lunar rovers to deliver customer payloads to the Moon and explore the lunar surface.

    Along with the Series B investment round, the company launched a new lunar data business concept, labeled "Blueprint Moon," a planned data-centric platform through which the company aims to support customers with lunar market entry. Ispace outlined its vision to collect lunar data (i.e., imaging, environmental data, telemetry, resources information, etc.) and apply it to tools and applications, which can be provided as a service to potential customers (i.e., government space agencies, universities, research institutions, and private companies) for mission planning and lunar surface development.

    "Since we first met Ispace in 2014, we have been confident they will be a leader in the next generation of the space industry, and we will continue to support them with all of our might," said Toru Akaura, Managing Partner, Incubate Fund. Ispace has already begun to develop tools using publicly available data from government space agencies as a basis for this platform, which can be enriched with data from Ispace's future missions, starting with its first mission. The company employs over 100 personnel in Japan, the U.S., and Europe, and has signed partnerships with JAXA and the Government of Luxembourg.

    See Also: Top Fintech Companies

    More in News

    Transforming Retail: The Impact of VR and AR in Asia Pacific

    Transforming Retail: The Impact of VR and AR in Asia Pacific

    Enhancing Customer Satisfaction through Omni-Channel Payments

    Enhancing Customer Satisfaction through Omni-Channel Payments

    AI's Role in Apac's Digital Transformation Journey

    AI's Role in Apac's Digital Transformation Journey

    Influence of AI on Supply Chain Management

    Influence of AI on Supply Chain Management

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Copyright © 2025 APAC CIOOutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    Home |  CXO Insights |   Whitepapers |   Subscribe |   Conferences |   Sitemaps |   About us |   Advertise with us |   Editorial Policy |   Feedback Policy |  

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/ispace-bags-usd-28-million-in-series-b-round-of-financing-nwid-7695.html