# Space BD

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/space-bd

- Industry: Aerospace
- Headquarters: Tokyo, Japan
- Website: www.space-bd.com
- Total disclosed funding: $32M
- Latest round: Series C (Jun 17, 2026)
- Investors on record: 18

## About

Established in 2017 and based in Tokyo, Japan, Space BD Inc., d.b.a Space BD, a company specializing in space services and business development. Under the leadership of CEO Masatoshi Nagasaki, the firm offers end-to-end solutions that encompass satellite launch assistance, utilization of the International Space Station, project management, procurement of space equipment, and educational programs aimed at fostering the commercialization of space. In June 2026, Space BD ?raised JPY 3.5 billion in?series C funding from Aozora Corporate Investment, ON&BOARD, Kanpo Next Partners, XTech Ventures, Shin Nippon Air Technologies, Japan Investment Adviser, Nippon Venture Capital and Spiral Capital. The round was part of a larger JPY 5.9 billiion series C funding.

Space BD specializes in a diverse range of space-related services and solutions designed to enhance the utilization of space technology. Their core offerings include satellite launch services, integrated procurement and sales services, and ISS experiment services, aimed at facilitating access to space for research and commercial objectives. The company serves various sectors, including life sciences and educational institutions, providing project-focused business development services that aid clients in executing their unique space initiatives. Space BD operates in international markets, enhancing Japan's position in the global space economy through partnerships with organizations such as the Ministry of Defense and Chiyoda Corporation.Space BD engages in a structured revenue model primarily through B2B transactions, focusing on partnerships with governmental entities, research institutes, and private companies interested in space utilization. Clients typically contract Space BD for specific services like satellite launches or ISS facility utilization, with payment determined by the project's nature and complexity. Revenue is generated through fixed project fees that may vary based on specifications, alongside ongoing contracts for integrated procurement services, allowing for steady revenue streams while fostering long-term client relationships in the space sector.

The company plans to use the June 2026 funding towards expanding its talent pool, enhancing service offerings, and bolstering its design and development capabilities.

## Funding rounds

- Series C, Jun 17, 2026, $2.2M — Nippon Venture Capital, Spiral Capital, XTech Ventures, Aozora Corporate Investment, Japan Investment Adviser, Shin Nippon Air Technologies, ON&BOARD, Kanpo Next Partners
- Series C, Jan 23, 2026, $15M — Mizuho Capital, Mitsubishi HC Capital, Spiral Capital, Kiyo Capital Management, Hulic Startup, NVenture Capital, Valueup Partners
- Series D, Dec 1, 2021, $9.2M — SMBC Venture Capital, Mizuho Capital, Incubate Fund, Pavilion Capital, Anniversaire Holdings Inc
- Series C, Oct 21, 2019, $2.4M — SMBC Venture Capital, Mizuho Capital, Incubate Fund, Anniversaire Holdings Inc
- Series B, Apr 16, 2018, $1.9M — Incubate Fund, Anniversaire Holdings Inc
- Series A, Oct 6, 2017, $0.9M — Incubate Fund

## Investors

- Incubate Fund (https://capitalatlas.ai/funds/incubate-fund) — Series A, Series B, Series C, Series D
- Anniversaire Holdings Inc — Series B, Series C, Series D
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series C, Series D
- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series C, Series D
- Pavilion Capital — Series D
- Mitsubishi HC Capital — Series C
- Spiral Capital (https://capitalatlas.ai/funds/spiral-capital) — Series C
- Kiyo Capital Management (https://capitalatlas.ai/funds/kiyo-capital-management) — Series C
- Hulic Startup (https://capitalatlas.ai/funds/hulic-startup) — Series C
- NVenture Capital (https://capitalatlas.ai/funds/nventure-capital) — Series C
- Valueup Partners (https://capitalatlas.ai/funds/valueup-partners) — Series C
- Nippon Venture Capital (https://capitalatlas.ai/funds/nippon-venture-capital) — Series C
- XTech Ventures (https://capitalatlas.ai/funds/xtech-ventures) — Series C
- Aozora Corporate Investment (https://capitalatlas.ai/funds/aozora-corporate-investment) — Series C
- Japan Investment Adviser (https://capitalatlas.ai/funds/japan-investment-adviser) — Series C
- Shin Nippon Air Technologies — Series C
- ON&BOARD (https://capitalatlas.ai/funds/on-board) — Series C
- Kanpo Next Partners (https://capitalatlas.ai/funds/kanpo-next-partners) — Series C