Infostellar Management Team with Investor Representatives from 500 Startups Japan, Airbus Ventures, D4V, WERU Investment, FreakOut Holdings. Not pictured: Sony Innovation Fund. (Credit: Infostellar)
TOKYO, Sept. 13, 2017 (Infostellar PR) — Infostellar, developer of a cloud-based satellite antenna sharing platform, announced today 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 ...