ArcEdge Space, a microsatellite developer, raises $80 million in Series B funding

ArcEdge Space Co., Ltd., which provides comprehensive solutions from planning and designing to mass production and operation of microsatellite constellations, is pleased to announce that it has raised a total of 8 billion yen in Series B funding, with 15 companies as underwriters, led by existing investor Incubate Fund Co., Ltd. and new investors JIC Venture Growth Investments Co., Ltd. and WiL. This brings the total amount raised to 10.7 billion yen.

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SOURCE: PRTimes