ANNOUNCEMENT 01 Mar 2016
On March 1st, 2016, the Innovation Network Corporation of Japan (INCJ) invested in Japanese corporation ASTROSCALE PTE. LTD.
NUMBER OF INTERVENTIONS
INCJ (2016). スペース・デブリ除去技術の開発およびサービスを提供するASTROSCALE PTE. LTD.への出資を決定 ("Decided to invest in ASTROSCALE PTE. LTD., Which provides development and service of space debris removal technology"). Available at
More information about INCJ's relation with CURADIM Pharma Inc., Ltd can be found at
On March 1st, 2016, the Innovation Network Corporation of Japan (INCJ) announced an equity investment worth 30 million USD into ASTROSCALE PTE. LTD. The investment relates to the ASTROSCALE PTE's R&D as well as their space debris removal technologies.
About the Innovation Network Corporation of Japan (INCJ)
In 2009, INCJ was created as a public-private investment fund to financially support industries "next-generation businesses". INCJ supports projects that "combine technologies and varied expertise across industries and materialize open innovation.". According to the INCJ website, the fund has an investment capacity of up to USD 20 billion. Although characterized as a public-private partnership, in fact only 0.1 billion of the 2.6 billion USD invested in the fund was provided by the private sector. The rest came from the Japanese government. Of the 0.1 billion USD said to be contributed by the private sector, 13.6 million USD was in fact provided by the Development Bank of Japan, a state-owned bank.