logo
logo

Japanese Space Industry Startup "Synspective" Raises Us $100 Million In Funding

Japanese Space Industry Startup "Synspective" Raises Us $100 Million In Funding

03/29/22, 12:00 AM
Money raised
$100 million
Cumulative funding reaches over US $200 million in total

Company Info

Company
Synspective
Additional Info
Synspective Inc., a SAR satellite data and solutions provider, announced that the company has raised US $100M (11.9 billion yen) including a Series B funding round. The company continues to accelerate commercialization and is preparing for further global expansion. We expect that the company will become a "social information infrastructure" to support sustainable living in the future. JAFCO will keep supporting Synspective to realize the "learning world" that the company advocates for and create a more sustainable society. This puts Synspective’s total funding value at US $200M (22.8 billion yen) since its founding. Synspective will use the new capital for the development, manufacturing, launch and operation of our SAR satellites, preparation of mass production facilities, development of satellite data solutions, and global expansion with the aim of further business growth. We believe that Synspective is an excellent startup that has realized the development and launch of their SAR satellites expeditiously since establishing in 2018.