Illustration of Axiom Space’s proposed space station. Credit: Axiom
WASHINGTON — Axiom Space announced June 4 that it added more than $175 million to its latest funding round, with Japan’s largest bank joining the company’s investors.
The company said it added the funding to a $350 million round it announced in February that was led by Type One Ventures and the Qatar Investment Authority, with participation from several other investors. The additional funding brings the size of the round at its final close to more than $525 million.
The company said the additional funding was an “opportunistic extension” of the round to capitalize on investor interest in the company’s commercial space station plans and work on lunar spacesuits for NASA’s Artemis lunar exploration campaign.
“Investor interest in this round outpaced what we set out to raise, which speaks to the moment we’re in,” Jonathan Cirtain, president and chief executive of Axiom Space, said in a statement.
