TORRANCE, Calif., May 24, 2023
/PRNewswire/ -- GITAI USA Inc. and
GITAI Japan Inc. (GITAI), the world's leading space robotics
company, has completed a Series B Extension round of funding
totaling 4 billion yen (approximately
US$30 million) to accelerate and
expand their business and technology development in the US.
The funds raised in this round will be primarily used to achieve
the following objectives:
- Enhancing the Technology Readiness Level (TRL) of GITAI's Lunar
Robotic Rover and Lunar Inchworm Type Robotic Arm.
- Expanding the Engineering Model/Flight Model Manufacturing
Facilities in the US.
- Further expansion of employment in the US.
"We are thrilled to further expand our operations in the US,"
said Sho Nakanose, GITAI's Founder
& CEO. "While SpaceX and BlueOrigin are reducing the cost of
transportation to space by 100 times, we at GITAI are taking on the
challenge of reducing labor costs by 100 times. We will provide the
most labor for the Moon and Mars and build infrastructure such as
solar panels, communication antennas, fuel generators, and
habitation modules."
In this round, GITAI raised funds through a third-party
allotment from the following companies and funds, mainly from
existing investors:
- Global Brain CVC Funds
-
- EP-GB L.P. (SEIKO EPSON CORPORATION / Epson X Investment
Corporation / Global Brain Corporation)
- JGC MIRAI Innovation Fund L.P. (JGC JAPAN CORPORATION / JGC HOLDINGS CORPORATION /
Global Brain Corporation)
- KURONEKO Innovation Fund L.P. (YAMATO HOLDINGS CO., LTD. /
Global Brain Corporation)
- KDDI Open Innovation Fund III L.P. (KDDI CORPORATION / Global
Brain Corporation)
- DCI Venture Growth Fund (Daiwa Corporate Investment Co.,
Ltd.)
- The Dai-ichi Life Insurance Company, Limited
- ANRI III Investment Limited Partnership
- ANRI I-II-III Annex Investment Limited Partnership
- NVC No.1 Limited Liability Partnership (NVenture Capital / NEC
Capital Solutions Limited)
- JIC Venture Growth Fund 2 Investment Limited Partnership (JIC
Venture Growth Investments Co., Ltd.)
- Electric Power Development Co.,Ltd.(J-POWER)
- Mitsubishi UFJ Capital Ⅸ, Limited Partnership (Mitsubishi UFJ
Capital Co., Ltd.)
About GITAI:
GITAI is the world's leading space
robotics startup, aiming to provide safe and affordable labor in
space and reduce operational costs by 100 times. GITAI is
developing highly capable, safe, and reliable robots to help build
and maintain satellites, space stations, lunar bases, and cities on
Mars.
Company: GITAI USA Inc.
(Los Angeles), GITAI Japan, Inc.
(Tokyo)
CEO: Sho Nakanose
URL: https://gitai.tech/
Contact Us: 359312@email4pr.com
Phone: 424-587-1787
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SOURCE GITAI USA, Inc.