Japan Post Investment Corp. is an investment firm that is increasing its investments in space-related startups and venture funds. As part of this initiative, it has announced investments of 10 billion yen to foster collaboration and co-creation of new space businesses. The corporation aims to combine its expertise with the innovative technologies of startups, focusing on areas such as communication, space intelligence (satellite data), and exploration. Japan Post Investment Corp. is working with the SPACETIDE Foundation to identify promising startups.
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The Space Frontier Fund managed by Sparx Innovation for Future Co. provided funding to Axelspace’s Series C round alongside venture capital firms and investment funds managed by Global Brain Corp., Japan Post Investment Corp., Kyocera Corp., Mitsubishi UFJ Capital Co. Ltd., Mitsui Fudosan Co. Ltd., and Sumitomo Mitsui Trust Investment Co. Ltd.