Venture Capital News and Headlines

Japanese Launch Company Interstellar Technologies Raises $130 Million

Japanese launch startup Interstellar Technologies announced a Series F financing round that raised 20.1 billion yen (about $130 million), nearly doubling its total capital to 44.6 billion yen. The round combined 14.8 billion yen of equity, led by Woven by Toyota, and 5.3 billion yen of debt, including support from Japan Finance Corporation. Proceeds will fund the development and manufacturing of the Zero two‑stage small launch vehicle, which targets a first orbital flight in 2027 with a 1‑ton payload capacity. Interstellar has already secured five customers across Japan, Singapore, South Korea and the United States for the inaugural launch.