# Astroscale Holdings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/astroscale-holdings

- Industry: Aerospace
- Headquarters: Tokyo, Japan
- Website: www.astroscale.com
- Total disclosed funding: $367M
- Latest round: Series G (Feb 26, 2023)
- Investors on record: 39

## About

Based in Japan, Astroscale Holdings Inc. specializes in on-orbit servicing solutions aimed at enhancing the sustainability and security of space operations.Astroscale Holdings Inc., founded in 2013 and headquartered in Tokyo, Japan, focuses on solutions for orbital debris management. The company, led by CEO Nobu Okada, has executed a total of 14 deals to date. On June 5, 2024, Astroscale raised JPY 21.19 billion in a SERIES G funding round, bringing the total amount raised to JPY 1,000 million. The funds were primarily sourced from Mizuho Bank.Astroscale specializes in pioneering on-orbit servicing solutions aimed at ensuring orbital security and sustainability. The company's core offerings include advanced on-orbit inspection, satellite servicing to extend operational lifespan, and safe deorbiting solutions designed to minimize space debris. The flagship project, the ADRAS-J mission, marks the first attempt to safely approach and characterize large debris through Rendezvous and Proximity Operations (RPO). Astroscale caters to a diverse client base, including space agencies, national defense departments, commercial satellite operators, and research institutions across North America, Europe, and Asia.In the most recent fiscal year of 2025, Astroscale reported a revenue of JPY 16,220,843.70 and an EBITDA of JPY -117,609,032.70. Its revenue model is based primarily on B2B transactions through service agreements with government and commercial entities.Astroscale plans to leverage the funds raised from the recent IPO to innovate and expand its product offerings, including new servicing missions aimed at enhancing space debris removal capabilities. The company is also targeting expansion into additional markets within Europe and North America by the end of 2025. The recent IPO, which valued Astroscale at JPY 96.07 billion, will support these initiatives and facilitate further investment in technology development.

## Funding rounds

- Series G, Feb 26, 2023, $76M — MUFG Bank, Mitsubishi Corporation, Development Bank of Japan, Mitsubishi Electric, FEL Corporation
- Series F, Nov 25, 2021, $109M — Innovation Engine, Seraphim Space Manager, Energy & Environment Investment, DNCA Investments, Japan Growth Investments Alliance, AXA Life Insurance Co.,Ltd., Signifiant, Chiba Dojo, Prelude Capital, Opus Capital, Yamauchi-No.10 Family Office, Nomura SPARX Investment, Y'S INVESTMENT PTE. LTD., Solaris ESG Master Fund LP
- Series E, Oct 13, 2020, $49M — SPARX Group, Hulic, Shimizu, aSTART
- Series D, Apr 10, 2019, $30M — Sumitomo Mitsui Trust Investment, INCJ, UTokyo Innovation Platform, aSTART
- Series D, Dec 28, 2018, $51M — JAFCO Group, INCJ, SMBC Venture Capital, Mizuho Capital, Tokio Marine & Nichido Fire Insurance Company, SBI Investment, Koei Tecmo Games Co., Ltd., UTokyo Innovation Platform, Mitsubishi Estate, aSTART, SBI Ventures Malaysia
- Series C, Jul 4, 2017, $26M — JAFCO Group, INCJ, Mitsubishi UFJ Capital, ANA Holdings, OSG Corporation, aSTART
- Series B, Apr 4, 2016, $19M — JAFCO Group, INCJ
- Series A, May 4, 2013, $7.7M — JAFCO Group, Coent Venture Partners, Mistletoe

## Investors

- JAFCO Group (https://capitalatlas.ai/funds/jafco-group) — Series A, Series B, Series C, Series D
- Coent Venture Partners (https://capitalatlas.ai/funds/coent-venture-partners) — Series A
- Mistletoe (https://capitalatlas.ai/funds/mistletoe) — Series A
- INCJ — Series B, Series C, Series D
- Mitsubishi UFJ Capital (https://capitalatlas.ai/funds/mitsubishi-ufj-capital) — Series C
- ANA Holdings — Series C
- OSG Corporation — Series C
- aSTART (https://capitalatlas.ai/funds/astart) — Series C, Series D, Series E
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series D
- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series D
- Tokio Marine & Nichido Fire Insurance Company — Series D
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series D
- Koei Tecmo Games Co., Ltd. — Series D
- UTokyo Innovation Platform (https://capitalatlas.ai/funds/utokyo-innovation-platform) — Series D
- Mitsubishi Estate — Series D
- SBI Ventures Malaysia (https://capitalatlas.ai/funds/sbi-ventures-malaysia) — Series D
- Sumitomo Mitsui Trust Investment (https://capitalatlas.ai/funds/sumitomo-mitsui-trust-investment) — Series D
- SPARX Group (https://capitalatlas.ai/funds/sparx-group) — Series E
- Hulic — Series E
- Shimizu — Series E
- Innovation Engine (https://capitalatlas.ai/funds/innovation-engine) — Series F
- Seraphim Space Manager (https://capitalatlas.ai/funds/seraphim-space-manager) — Series F
- Energy & Environment Investment (https://capitalatlas.ai/funds/energy-environment-investment) — Series F
- DNCA Investments — Series F
- Japan Growth Investments Alliance (https://capitalatlas.ai/funds/japan-growth-investments-alliance) — Series F
- AXA Life Insurance Co.,Ltd. — Series F
- Signifiant (https://capitalatlas.ai/funds/signifiant) — Series F
- Chiba Dojo (https://capitalatlas.ai/funds/chiba-dojo) — Series F
- Prelude Capital — Series F
- Opus Capital (https://capitalatlas.ai/funds/opus-capital) — Series F
- Yamauchi-No.10 Family Office — Series F
- Nomura SPARX Investment (https://capitalatlas.ai/funds/nomura-sparx-investment) — Series F
- Y'S INVESTMENT PTE. LTD. — Series F
- Solaris ESG Master Fund LP — Series F
- MUFG Bank — Series G
- Mitsubishi Corporation — Series G
- Development Bank of Japan (https://capitalatlas.ai/funds/development-bank-of-japan) — Series G
- Mitsubishi Electric — Series G
- FEL Corporation — Series G