GITAI USA Inc. and GITAI Japan Inc. (GITAI), a space robotics startup company, has raised an additional $15 million for the Series B Extension round. Combined with the $30 million funding announced in May of this year, the total amount of the Series B Extension round is now $45 million.
The additional funds raised in this round will be primarily used to achieve the following objectives:
- Business expansion in the U.S.
- Partial coverage of the lunar surface demonstration
GITAI is aiming to provide safe and affordable labor in space and reduce operational costs by 100 times. GITAI is developing safe and reliable robots to help build and maintain satellites, space stations, lunar bases and cities on Mars.