Tag: Finance
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Interstellar Technologies Raises $130 Million in Series F to Advance Japan’s Private Launch Capabilities
Interstellar Technologies said it has completed 20.1 billion yen ($129.7 million) in Series F financing, one of the largest fundraising rounds to date for a privately held space startup in Japan, as the company accelerates development of its orbital launch vehicle and satellite business. The round was completed through a third-party allotment of new shares…
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SkyFi Raises $12.7 Million to Expand Satellite Imagery and Analytics Platform
Austin-based startup SkyFi has raised $12.7 million in a Series A funding round as demand grows for faster access to satellite imagery combined with analytical insights, the company said. SkyFi operates a digital marketplace that aggregates imagery from more than 50 geospatial data providers, offering customers near real-time satellite images alongside tools that allow users…
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France’s U-Space Raises €24M to Scale Satellite Production and Expand Globally
French satellite manufacturer U-Space has raised €24 million ($27.8 million) in a Series A funding round to expand its satellite production capabilities and grow its international presence. The round was co-led by Blast, the French Armed Forces’ Definvest fund (managed by Bpifrance), and Expansion Aerospace & Defence Ventures, with additional participation from Primo Capital, Karot…
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Geely’s Geespace Launches Global Headquarters Project in Hangzhou
Geespace, the commercial aerospace subsidiary of China’s Geely Holding Group, said it has launched construction of its global headquarters in Hangzhou and signed a strategic cooperation agreement with local investment partners. The deal with Zhejiang Jinkong Investment Management, Hangzhou Capital and Hangzhou High-Tech Venture Capital will support investment and industrial development aimed at building a…
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Astra Space Secures Extension on Loan Amid Funding Negotiations
Astra Space, the launch vehicle and spacecraft propulsion company, has received a four-day extension on a loan from investors as it continues negotiations for a longer-term funding arrangement. JMCM Holdings LLC and SherpaVentures Fund II, LLP provided a bridge loan worth $3.05 million earlier this month, part of a $13.4 million interim financing deal. The…