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6 March 2025

Space Business Review February 2025

ML
Milbank LLP

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Milbank LLP is a leading international law firm that provides innovative legal services from 12 offices around the world. Founded in New York over 150 years ago, Milbank helps the world’s leading commercial, financial and industrial enterprises, as well as institutions, individuals and governments, achieve their strategic objectives.
February 4 – Japanese start-up ArkEdge Space Inc. raised JPY 8b (USD $53m) in a Series B funding round led by Incubate Fund, with participation from JIC Venture Growth Investment Co., Ltd., WiL, LLC and other investors.
United States Transport

February Fundraising & Investment Activity

February 4 – Japanese start-up ArkEdge Space Inc. raised JPY 8b (USD $53m) in a Series B funding round led by Incubate Fund, with participation from JIC Venture Growth Investment Co., Ltd., WiL, LLC and other investors.

February 6 – Urban Sky Theory, Inc. raised $30m in a Series B funding round led by Altos Ventures Management, Inc., with participation from New Legacy Group, LLC, Catapult Ultimate Holdings Ltd and Lavrock Ventures, LLC, among others.

February 13 – K2 Space Corporation raised $110m for production of its Mega satellite busses in a Series B funding round led by Lightspeed Venture Partners and Altimeter Capital Management, LP. Alpine Space Ventures GmbH, First Round Capital Management, LLC and others also participated.

Read more related news in Space Business Review February 2025.

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