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Astroscale raises $109m Series F for on-orbit servicing

The Series F round brings its total capital raised to $300m and the company says the latest investment will accelerate its on-orbit services technology development and enable it to take on more employees.

The round was led by THE FUND Limited Partnership in Japan, with participation from investors including the Japan Growth Capital Investment Corporation, DNCA Invest, AXA Life Insurance, Innovation Engine New Space Investment Limited Partnership, Solaris ESG Master Fund and Prelude Structured Alternatives Master Fund.

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