Space Shift Inc. is pleased to announce that it has completed the second close of its Series B funding round through a third-party allotment to NI-WA Inc., Nagase & Co., Ltd., and General Incorporated Association G・B. The total amount raised in this round has reached 730 million yen. 

Background

As global momentum grows around the commercial use of satellite data and its integration with generative AI, Space Shift Inc. has been advancing the social implementation of AI software technologies centered on SAR (Synthetic Aperture Radar) satellite data analytics. In the Series B round, the company aims to further strengthen post-pilot commercialization efforts, deepen co-creation with industrial partners, and expand satellite-data-driven businesses both in Japan and overseas. 

Use of Funds 

・Strengthening management capabilities through enhanced R&D and talent acquisition
・Accelerating business development and expansion in domestic and international markets
・Developing new analysis algorithms that address customer needs  

Comments from Investors 

Shunsuke Shibata, Chief Strategy Officer, TOHO LEO Corporation / NI-WA Inc. 

NI-WA Inc., the parent company of Toho Leo Co., Ltd., promotes “creating places for creative global citizens.” By participating in Space Shift’s third-party allotment, we aim to jointly develop “landscape-based solutions” that combine Toho Leo’s technologies and expertise with Space Shift’s satellite data analytics capabilities. Together, we will take on environmental challenges on a global scale. 

Kiyomi Yoshida, President of Nagase Future Investments Co., Ltd. – GP of NAGASE CVC 

There is a saying that we need the perspective of insects, birds, and fish. Space Shift’s advanced satellite data analytics, capable of integrating diverse types of geospatial information, offers us a new viewpoint—allowing us to see worlds that were once invisible. The NAGASE Group is committed to creating a safer and more sustainable society by solving challenges in manufacturing through materials innovation. We believe that creating new value in agriculture and environmental fields is essential to this mission. Through this partnership, we look forward to deepening our insights toward next-generation businesses and exploring new frontiers with Space Shift. 

Shiro Koge, Representative Director of General Incorporated Association G・B 

The use of SAR satellite data holds tremendous potential not only for disaster prevention and environmental conservation but also for cultivating new local industries. Space Shift’s cutting-edge analytical technologies have the power to advance regionally rooted industries and support sustainable growth through collaboration with local governments and community-based enterprises.

At G・B, we aim to promote the creation of new regional industries using satellite data and, together with Space Shift, open a future where innovation flows “from local communities to the world.” We look forward to the day when satellite data becomes part of social infrastructure and enriches everyday life. 

Comment from Space Shift 

Naruo Kanemoto, CEO of Space Shift Inc.

We are delighted to welcome several distinguished corporate investors in this Series B round. The space industry is rapidly shifting from investment to real-world implementation. In the forefront of satellite-data utilization, we recognize our responsibility to demonstrate the true value and potential of space technologies to society.

With the capital raised and newly established partnerships, we will further enhance our satellite-data-driven services and accelerate global expansion. We remain committed to delivering tangible results that meet the expectations of our stakeholders and the many industries we serve. 

Future Outlook 

Space Shift will continue to expand co-creation with private companies and local governments in Japan and abroad, accelerating the development of new social infrastructure powered by satellite data and AI.
In overseas markets, we will advance solutions for priority sectors such as urban development, agriculture, and infrastructure management, while expanding global business operations.

Furthermore, through our industry-wide co-creation program “SateBiz,” we will work with diverse partners to drive the social implementation of satellite data and contribute to building a sustainable and resilient society.  

Contact Information
Space Shift Inc.
Contact: Naito / Tsudatani
Email: info@spaceshift.co.jp