Horizons Ventures is a venture capital firm founded in 2002 and based in Hong Kong. While not exclusively focused on the space industry, they have invested in space-related companies like Fleet Space Technologies, which develops satellites for mineral exploration and other applications. Horizons Ventures provides funding for seed, early-stage, and late-stage companies across various sectors, including aerospace and defense. They partner with other investors and have a diverse portfolio that includes companies in artificial intelligence, healthcare, and more.
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ALE Co., Ltd. allocated new shares to third parties underwritten by the Space Frontier Fund operated by SPARX Innovation for Future Co., Ltd., Horizons Ventures, THVP No.2 Investment Limited Partnership operated by Tohoku University Venture Partners Co., Ltd., and private investors.
The $7,350,000 funding round was led by new investors Momenta Ventures and Horizons Ventures.