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Astroscale raises $109M for its on-orbit services technology

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Japanese space startup Astroscale has raised $109 million in a new Series F round of financing, brining the company’s total funding raised to date to $300 million. The company specializes in on-orbit servicing technology, designed to help reduce the amount of debris that exists in operating orbital altitudes, and also to extend the life of existing satellites as a means of making orbital businesses more sustainable.
This new funding, led by Japan’s THE FUND and including participation from investors including Seraphim Space, brings Astroscale’s total funding to $300 million. The startup’s CEO and founder Nobu Okada said in a press release that the new funds will h …

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