Pale Blue

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Pale Blue, providing propulsion systems for micro/nano-satellites, raises $0.7M Seed funding

Pale Blue, Inc. (Head office: Room 610, Tokatsu Techno Plaza, 5-4-6 Kashiwanoha, Kashiwa, Chiba, President: Jun Asakawa) has obtained approximately $0.7M from a group of investors led by Incubate Fund and MSIVC. Including the University of Tokyo’s IPC financial support program and local government support, we have raised a total of $1.4M in six months since our establishment in April 2020, which will enable us to take on the challenge of developing water-based integrated propulsion systems for micro/nano-satellites.

Press release from Pale Blue
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The Bridge
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