Pale Blue logo

Pale Blue

Water-fuelled ion and Hall thrusters for small satellite propulsion.

PropulsionJapanSeries C+Website ↗

Pale Blue operates in the propulsion sector of the space industry, is headquartered in Japan, was founded in 2020, is at Series C+ stage.

Pale Blue at a glance

SectorPropulsion
HeadquartersJapan
Founded2020
StageSeries C+
Websitepale-blue.co.jp

Record last updated August 2026 · how we verify · spotted something outdated? Tell us.

Funding history

2023-10Series B (first close): 1 billion yen (about $7.5M)Mitsui Sumitomo Insurance Venture Capital and Incubate Fund among long-term backerssource ↗
2024-06Series B (final close): about 2.5 billion yen (about $16M)aSTART, Global Brain, ITOCHU Technology Ventures, Gogin Capital, Sumisho Venture Partners and otherssource ↗
2025-08Series C: about 1.5 billion yen (about $10M)Led by aSTART, with Nissay Capital, Mitsui Sumitomo Insurance Venture Capital, ITOCHU Technology Ventures and the Mitsubishi Electric ME Innovation Fundsource ↗

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