Mixed with the US$30 million funding introduced in Might of this 12 months, the entire quantity of the Sequence B Extension spherical is now US$45 million.
GITAI USA Inc. and GITAI Japan Inc. (GITAI), the world’s main area robotics startup firm, has raised an extra US$15 million for the Sequence B Extension spherical. Mixed with the US$30 million funding introduced in Might of this 12 months, the entire quantity of the Sequence B Extension spherical is now US$45 million.
The extra funds raised on this spherical shall be primarily used to realize the next goals:
Enterprise growth within the U.S. Partial protection of the lunar floor demonstration On this spherical, GITAI raised funds by a third-party allotment from the next firms and funds:
Inexperienced Co-Make investments Funding Restricted Partnership
Pacific Bays Fund 1 & 1A Funding Restricted Partnerships (Pacific Bays Capital) MSIVC 2021V Enterprise Capital Funding Restricted Partnership (MITSUI SUMITOMO INSURANCE Enterprise Capital Co., Ltd.) Moreover, GITAI secured funds by a mortgage from the next firm:
MUFG Financial institution, Ltd. About GITAI: GITAI is the world’s main area robotics startup, aiming to offer secure and inexpensive labor in area and scale back operational prices by 100 instances. GITAI is creating extremely succesful, secure, and dependable robots to assist construct and preserve satellites, area stations, lunar bases, and cities on Mars.