Participated · Equity · Jun 2026

Astroscale develops and operates on-orbit servicing technologies focused on rendezvous and proximity operations, satellite refueling, life-extension (including its LEXI-P spacecraft) and end-of-life disposal. The company is transitioning from technology demonstrations toward repeatable commercial and defense missions, with planned missions in Japan, the U.K. and the U.S., including a refueling mission for the U.S. Space Force and a LEXI-P life-extension mission targeted in fiscal 2028. Financially, Astroscale reported ¥11.5 billion in project income for fiscal 2026 and an operating loss of ¥10 billion, an improvement from the prior year, and it projects project income of ¥12.5–17 billion for fiscal 2027 with operating losses of ¥9–9.9 billion. To support scaling, Astroscale raised ¥30.6 billion in May via convertible bonds and equity and plans to deploy capital to expand production facilities, manufacture LEXI-P spacecraft and provide working capital. Management says the investments aim to establish supply capacity to support repeatable business early while pursuing mid- to long-term profitability and making on-orbit servicing more routine by 2030.

Participated · Series A · Mar 2026

Founded in January 2024 and based in Tokyo, Orbital Lasers develops compact, high-efficiency lasers and space optical technologies intended for satellite lidar, space-debris removal, and related space systems. The company bases its R&D on joint research with RIKEN and is conducting concept design and mission hardware prototyping with JAXA for a small high-precision lidar satellite. It has also begun research with the Japanese Ministry of Defense on on-orbit ranging and surveillance technologies. To date the company completed a ¥9億円 seed round in December 2024 and has now raised a total of ¥39.2億円 in cumulative equity after this Series A. Orbital Lasers plans to integrate transmission, reception, and satellite-bus technologies to create differentiated system-level capabilities and pursue commercialization and global market deployment in the 2030s.

Participated · Equity · Mar 2026

QPS研究所, the core operating subsidiary of QPSホールディングス, developed the QPS‑SAR small SAR satellite that achieves roughly one‑twentieth the mass and one‑hundredth the cost of conventional SAR satellites through a 3.6m ultra‑light deployable parabolic antenna. The company plans to scale to a constellation of 24 satellites by fiscal 2028 and 36 by 2030 to enable near‑real‑time observations, and cites per‑satellite manufacturing and launch costs of about ¥1.5–2.0 billion. QPS研究所 was founded in Fukuoka in 2005 as a Kyushu University spinout and works with regional manufacturers across Japan for satellite development. The group was listed on the Tokyo Stock Exchange Growth market in December 2023 and reorganized into a holding company structure in December 2025. Reported non‑dilutive and hybrid funding sources include a JAXA space strategy fund selection and grant decisions and planned warrant issuance to SMBC Nikko Securities to bolster capital for constellation deployment. The company highlights applications of its SAR data across disaster prevention, safety, and other societal uses.

Participated · Series D · Nov 2019

Orbital Insight offers TerraScope, a self-serve multi-sensor geospatial analytics platform that blends computer vision and geolocation sensor data to detect changes, monitor activity, and discover patterns of life globally. TerraScope, released in Q4 2022, evolved from the company’s GO Platform and adds easier multi-sensor data fusion, a library of pre-defined analyses for single-click insights, and massive scalability for millions of areas of interest. Since the TerraScope launch, the company has secured clients across Energy, Industrial Materials, and Information Services in North America, and Semiconductors, Telecommunications, and Financial Services across Asia. Orbital Insight is targeting enterprise-class commercial and federal markets and is using the new financing to support TerraScope marketing to additional customers. The company highlights strong customer demand for TerraScope and continued investor interest tied to recent contract wins. Orbital Insight builds geospatial analytics software that uses AI and computer vision to analyze petabytes of multi-source data, including satellite and synthetic aperture radar imagery, location intelligence, and AIS vessel-traffic data. Its core product, Orbital Insight GO, is a software solution the company plans to expand and further develop with the new funding. The platform supports use cases such as supply chain monitoring, real estate analysis, infrastructure mapping, and defense and intelligence. Customers include financial services firms, Global 2000 companies, several U.S. government agencies, and global non-profit organizations. Led by CEO and founder Dr. James Crawford and based in Palo Alto, the company has positioned its product for both commercial and government applications. Financially, the company has now secured over $125 million in total funding. Orbital Insight builds analytics products that analyze satellite imagery and other data using deep learning to deliver business insights. Its offerings have been used to infer revenue signals—for example, counting cars in retailer parking lots as a proxy ahead of earnings. The company reports strong commercial uptake as well as government interest, and investors cited hiring for engineering and sales. As satellite imagery and enabling technology commoditize, Orbital Insight and peers are racing to serve new markets and simplify offerings. The firm has become one of the most capitalized startups in the geospatial analytics space. Total fundraising now stands at $78.7 million following the latest round. Orbital Insight builds self-teaching algorithms to analyze satellite and UAV imagery, counting and measuring roads, airplanes, clouds, lakes, buildings, oil tanks and more. Its platform produces analytics such as parking‑lot vehicle counts (it says it has counted more than a billion cars across one million lots for 50 US retailers). The 30-person company works with more than 60 asset management firms, several U.S. government agencies, and two global non-profits, ingesting imagery from providers including DigitalGlobe, Airbus, NASA Landsat and Planet Labs. Orbital has partnered with the World Bank to improve poverty estimates using building height and rooftop materials as wealth proxies. The company plans to expand sales and engineering headcount and establish or grow presences in Washington, New York, and later London and Hong Kong, and expects to enter verticals such as financial services, insurance, energy, NGOs and real estate while adding drone and IoT geospatial data sources. Orbital Insight builds data products that extract insights from satellite images for decision makers across industries. The company uses image processing, neural networks, machine learning and statistical analysis to forecast outcomes and detect trends. Its customers include hedge funds, real estate developers, insurance companies, government agencies, and international development and environmental non-profits. Developed products include end-of-season crop harvest forecasts from mid-season spectral analysis, quarterly retail performance estimates from parking‑lot counts, measures of construction activity in China, and early estimates of global crude oil inventory fluctuations. The company raised an $8.7M Series A and plans to use the funds to hire engineers and build out new data product lines. Orbital Insight is led by founder Dr. James Crawford and is hiring.