Japan space startup Interstellar raises $21m from NTT-led backers

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Summary

TOKYO -- Japanese rocket and satellite startup Interstellar Technologies raised 3.1 billion yen ($21.2 million) from a group of funders that includes NTT Docomo, Japans leading wireless carrier.Interstellar allotted shares through private transactions with NTT Docomo, financial services provider SBI Group and other investors. Resona Bank extended financing, bringing the total funds raised to 3.1 billion yen.

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