Sumitomo Mitsui Banking Corporation (SMBC) is a major Japanese multinational financial services group that plays a role in the space industry by providing financial support and services. SMBC offers tailored financing solutions to airlines, airframe and engine manufacturers, and financial institutions active in the aviation and space sectors, including secured aircraft financing and leasing. They also actively support space-related startups and initiatives, such as ispace's HAKUTO-R lunar exploration program, and collaborate with companies like Innovative Space Carrier Inc. to foster the development of a new space economy. Key partners include aviation companies, space startups like ispace, and government agencies.
All verified mentions of this organization in source documents.
The Series F round is led by Woven by Toyota and includes investors SBI Group, Nomura Real Estate Development, B Dash Ventures, SMBC Edge, Space Frontier Fund II operated by SPARX Asset Management, Sumitomo Mitsui Banking Corporation, Japanet Holdings, and other existing shareholders.
Sumitomo Mitsui Trust Bank, Limited invested an undisclosed amount in Starlab Space LLC.
On December 25, WHERE announced it raised approximately 460 million yen through debt financing from Mizuho Bank, Hokuriku Bank, Japan Finance Corporation, Resona Bank, and Sumitomo Mitsui Banking Corporation.
The loans were provided by Ashikaga Bank, Sumitomo Mitsui Banking Corporation, and the Japan Finance Corporation.
The amount raised in the funding round has not been disclosed, but Tokyo Marine & Nichido Fire Insurance Co., Ltd. participated in the third-party allocation of shares along with Ashikaga Bank, Sumitomo Mitsui Banking Corporation, and the Japan Finance Corporation.
ispace, inc. secured approximately $62,000,000 in new financing as part of a loan agreement with Sumitomo Mitsui Banking Corporation and Mizuho Bank, Ltd.
ispace signed a bridge loan with Sumitomo Mitsui Banking Corporation in April 2024.
ispace borrowed 7,000,000,000 JPY from Sumitomo Mitsui Banking Corporation on 2024-04-30.
ispace will receive approximately U.S. $45,000,000 from Sumitomo Mitsui Banking Corporation on 2024-04-30 as working capital for development and operation of Mission 3 and Mission 6.
ispace signed a loan agreement totaling approximately $37,000,000 with Sumitomo Mitsui Banking Corporation, Mizuho Bank, Ltd., MUFG Bank, Ltd., The Shoko Chukin Bank, Ltd., and The Shizuoka Bank, Ltd.
ispace signed loan agreements totaling $17,900,000 (USD) with Sumitomo Mitsui Banking Corporation, MUFG Bank, Ltd., Resona Bank, Limited, and Japan Finance Corporation on 2021-06-08 in Tokyo, Japan.
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.
Space Frontier Fund was launched in May 2020 with investment from Toyota Motor Corporation, Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, Mizuho Bank, Ltd., and others.