November 1, 2018
by Investment in Japan
by Investment in Japan
Private Equity in Japan
Tokyo, October 31, 2018 – INCJ Ltd. (‘INCJ’) announced today its decision to make a follow-on investment, through third-party share allocation, of up to UD$35 million in Astroscale Pte. Ltd. (“Astroscale”), and the completion of US$25.5 million of this phased investment. Astroscale is engaged in the development of space debris removal technologies and other space-related services. In addition to existing shareholders, new investors in this round of financing include funds operated by SBI Investment Co., Ltd and Mitsubishi Estate Co., Ltd..