{"id":266,"date":"2021-05-14T10:00:00","date_gmt":"2021-05-14T10:00:00","guid":{"rendered":"https:\/\/www.31ventures.jp\/en\/news\/?p=266"},"modified":"2021-05-13T10:34:17","modified_gmt":"2021-05-13T10:34:17","slug":"mitsui-fudosan-and-global-brain-have-invested-in-axelspace-a-developer-of-microsatellite-business","status":"publish","type":"post","link":"https:\/\/www.31ventures.jp\/en\/news\/?p=266","title":{"rendered":"Mitsui Fudosan and Global Brain have invested in Axelspace, a developer of microsatellite business"},"content":{"rendered":"\n<p>Mitsui Fudosan announced the investment in Axelspace Holdings, a company that develops space-based business technology using microsatellites, through 31VENTURES \u2013 Global Brain \u2013 Growth I Project, the JPY 30 billion venture investment project jointly managed with Mitsui Fudosan, mainly targeting growth stage startups.<\/p>\n\n\n\n<p>Axelspace\u00a0Corporation, a wholly owned subsidiary of\u00a0Axelspace Holdings Corporation,\u00a0has been\u00a0developing\u00a0a\u00a0next-generation Earth-observation platform \u201cAxelGlobe\u201d\u00a0which\u00a0will\u00a0obtain\u00a0images of everywhere\u00a0on the planet\u00a0with high frequency.\u00a0With this\u00a0funding,\u00a0Axelspace plans to\u00a0develop and\u00a0launch five more\u00a0optical\u00a0satellites\u00a0\u201cGRUS\u201d\u00a0in 2023, which will complete\u00a0\u201cAxelGlobe\u201d\u00a0as\u00a0a constellation of\u00a0ten\u00a0\u201cGRUS\u201d\u00a0satellites\u00a0in total.\u00a0The completion will\u00a0enable\u00a0to\u00a0observe\u00a0anywhere on Earth\u00a0once a day\u00a0and it will\u00a0open up\u00a0its\u00a0usage\u00a0in\u00a0wider\u00a0fields than ever before.\u00a0<\/p>\n\n\n\n<p>This is the second investment from Growth I Project following the previous Series B, and we will continue to provide a wide range of support for future growth.<\/p>\n\n\n\n<p>\u25a0About Axelspace Holdings<br>Location\u3000\u3000\u3000\u3000Tokyo, Japan<br>Representative\u3000Yuya Nakamura<br>Founded\u3000\u3000\u3000\u3000August, 2008<br>URL\u3000\u3000\u3000\u3000\u3000\u3000<a href=\"https:\/\/www.axelspace.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.axelspace.com\/<\/a><\/p>\n\n\n\n<p>\u25a0About Growth I Project<br>Name\u3000\u3000\u3000\u3000\u3000\u300031VENTURES \u2013 Global Brain \u2013 Growth I Project<br>General Partner\u3000Mitsui Fudosan Co., Ltd. and Global Brain Corporation<br>Fund Size\u3000\u3000\u3000\u3000JPY 30 billion<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mitsui Fudosan announced the investment in Axelspace Holdings, a company that develops space-based business te [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":136,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-func"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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