Infostellar has announced a $7.3 million Series A investment, led by Airbus Ventures, with additional funds from WERU Investment, D4V, Sony Innovation Fund, and existing investors, FreakOut Holdings, and 500 Startups Japan. This financing will be used to fund the launch of Infostellar’s flagship platform, StellarStation, expand its network of partner antennas, and hire additional talented team members.
Following the closing of the Series A round of investment, Infostellar also welcomes Dr Lewis Pinault, Managing Investment Partner for Airbus Ventures in Japan, to the Infostellar company board.
Lewis comments that “With the burgeoning number of Low Earth Orbit launches and the fast-evolving criticality of data from space, supporting ground station networks are becoming hard pressed to keep up with satellite data demands – despite the irony that much of the time ground station antennas stand idle while other people’s satellites pass overhead. Infostellar dramatically shifts the model – they can bring many hundreds of antennas around the globe to the service of thousands of satellites. With their StellarStation solution, everyone in the equation can win: antenna operators idle less and earn more, and satellite operators gain real-time network-side control – and virtually anyone can become a satellite operator.”
Thomas d’Halluin, CEO of the independent funding arm Airbus Ventures remarks from Silicon Valley that “At Airbus Ventures we aim to facilitate exactly these kinds of dramatic, widely enabling shifts in the futurescape of aerospace. We’re particularly pleased to lead this important round of investment, our first in Japan.
“With the likes of Sony Investment Fund, the Entrepreneurial Research Unit at Waseda University, and 500 Startups Japan as well as key domestic co-investors, we feel Infostellar is well positioned to tap the best of Japanese innovation, attract even more outstanding international talent, and bring its success to the world…