ArkEdge Space raised $52M in a Series B funding round led by Incubate Fund KK to accelerate the development of commercial satellite constellations.

Feb 04, 2025•10 months ago

Amount Raised

$52 Million

Round Type

series b

TokyoSatellite CommunicationAerospace

Investors

Wi LJic Venture Growth Investments Co., Ltd.Incubate Fund Kk

Description

ArkEdge Space, a Japanese space start-up, raised 8 billion yen ($51.58 million) in a Series B funding round. The funds will be used to enhance the development of satellite technologies and support larger micro-satellites.

Company Information

Company

ArkEdge Space

Location

Tokyo, Tokyo, Japan

About

ArkEdge Space is a Japanese space start-up that is developing a standard multiple-purpose bus system for 6U satellites to support various missions including IoT data collection and maritime satellite communications. The company focuses on advancing commercial satellite constellations to address global challenges and enhance sustainable infrastructure. ArkEdge Space aims to strengthen its core satellite technologies and expand its talent base to scale up production for larger micro-satellites. Their mission is to empower people with satellites for a prosperous future.

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