Japanese space tech startup has raised $28 million for its Series B round, bringing its total funding to about $125 million.
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The lunar exploration startup is working to build a commercial lunar lander. The company is aiming to be a ���gateway for the private sector to bring their business to the moon,��� per a statement from the company.
The Series B round was led by IF SPV 1st Investment Partnership (which is managed by ), and included participation from Space Frontier Fund, , and
According to the announcement from the startup, the new funding will be used to develop its commercial lunar landing for ispace���s first mission, which is planned for 2022, as well as its second mission, which is planned for 2023.��
The company is also rolling out Blueprint Moon, a lunar business data platform meant to help others with lunar market entry by collecting and providing lunar data, per a statement from the company.
���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,��� CEO Takeshi Hakamada said in a statement.
The company has more than 100 employees and offices in Japan, Europe, and the United States, per a statement from ispace. It last raised money with its $95 million in late 2017, according to 蹤獲弝け.��
Illustration: Li-Anne Dias
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