Infostellar, a Japanese satellite Ground-Segment-as-a-Service (GSaaS) provider, has raised ¥500M ($4.32M USD) in the Final Close of its Series B financing round. This is in addition to ¥700M ($6.04M USD) raised in the First Close in October 2021, completing Infostellar’s Series B round of funding with a total new investment of ¥1.2B ($10.36M USD).
In addition to the increased investment from an existing shareholder, Mitsubishi UFJ Capital No. 7 Investment Limited Partnership (Mitsubishi UFJ Capital Co., Ltd.), the final close included new investors Pavilion Capital PTE. LTD. under Temasek Holdings; a Singaporean governmental investment company, ICMG Co-Creation Fund No. 1 Investment Limited Partnership (ICMG Partners Co., Ltd.); and QB No.2 Investment Limited Partnership (QB Capital LLC, and NCB Venture Capital Co., Ltd.), raising a total of ¥500M ($4.32M USD).
As a result, the total amount of funds raised to date is ￥2.44B ($21.06M USD).
Infostellar's vision is "We connect Earth and Space to empower the future" and our mission is "Be the most effective enabler of space business by providing the best access to satellite services" to achieve this vision.
In order to provide total ground segment services to all satellite operators for the growth of their space business, Infostellar will focus on the following areas with the funds raised in the Series B round.
- Expansion of communication area
Infostellar will continue to connect ground stations to our StellarStation “network of networks” cloud based platform in order to expand the coverage area. Including integrating with AWS Ground Station, with whom we partnered with in June 2021. Infostellar aims to have more than 20 ground stations available to our satellite operator clients via StellarStation in the early part of 2022.
- Enhanced regulatory compliance and license acquisition support for satellite operators
We have received a lot of requests from our Satellite operator clients to support their regulatory compliance and license acquisitions, which are required before a satellite can be launched. We aim to strengthen our team and systems to enhance the range of our services and capacity to support our clients.
- Launch of ground station hosting service in Japan
We have been receiving needs to set up a ground station in Japan for communication in Japan. In order to meet this need, we will prepare a site in Japan and aim to launch a hosting service by the end of 2022.
- Business expansion to the U.S.
We are receiving an increasing number of inquiries from overseas satellite operators about our ground station network. In order to strengthen our service offerings, especially in North America, we will launch a U.S. corporation by the end of 2022.
- Strengthen human resource recruitment and organizational capabilities
In order to implement the above measures, we will accelerate the hiring of Business Development, Software Development and Operations teams and strengthen the organization. (recruitment site：https://infostellar.net/careers )
Choun Chee Kong, Head Japan Investments, Pavilion Capital
“Infostellar has the potential to be a major player in the ground segment as a service market, providing essential infrastructure for the rapidly growing space business and has already developed business with many domestic and international satellite operators.
Pavilion Capital believes that Infostellar will continue to play a significant role in the industry and look forward to supporting the space business as a satellite communications infrastructure company.
We are very much looking forward to working with the team for many years to come as we work together to make the space business a big success.”
Gen Funahashi, CEO of ICMG Partners Co., Ltd.
“Infostellar is a futuristic platform that seamlessly connects the earth and space. Infostellar’s ground station platform “StellarStation” enables all ground stations in the world to be connected through a single platform which makes cloud-based ground station sharing possible. Additionally, the platform enhances the efficiency of satellite data transmission to the ground. At ICMG, we believe the world will need to obtain more satellite data to solve various social issues on the earth. ICMG will provide full support to Infostellar as it takes on this challenge of great social significance.”
Tsuyoshi Sakamoto, Managing Partner, QB Capital, LLC
“Infostellar's ground station platform "Stellar Station" is considered to be a service that can be an important infrastructure for space business, which facilitates communication between artificial satellites and ground stations. We are confident that Infostellar will be fluttering around the world, just as President Kurahara was from Kyushu. We will contribute to the development of the space business originating in Japan through investment in Infostellar.”
Takayuki Shimizu, Executive Officer & General Manager, Investment Dept. No. 3, Mitsubishi UFJ Capital Co., Ltd.
“As Infostellar is a unique provider that globally offers not only a satellite ground station sharing platform but various support for ground segment operations, we believe that they will be a general liaison of satellite operators with ground station owners as their gateway. While we have observed their certain business progress such as alliances with strong partners and enhancement of their management system, we made an additional investment at this time and will continuously contribute to the further development of their business utilizing strengths of MUFG as a member of it.”
Infostellar is a satellite 'Ground Segment as a Service' (GSaaS) provider. Infostellar provides flexible and scalable ground station services enabled by our cloud platform, 'StellarStation', which virtualizes ground station networks. Infostellar also provides support for ground segment operations necessary for satellite operations, such as radio license acquisition and frequency coordination operations. By lowering the barriers to entry in the ground segment, Infostellar empowers new space businesses to build better missions and improve the quality of their service. Founded in 2016, Infostellar is headquartered in Tokyo, Japan and has its European office in the UK. For more information, visit https://www.infostellar.net
About StellarStationStellarStation is a flexible, scalable, satellite ground station sharing platform. After a one-time setup, satellite operators can access any ground station across our global network. StellarStation also enables ground station owners to monetize their unused capacity by sharing it with satellite operators. https://www.stellarstation.com/