Pale Blue

Kashiwa, Japan · Founded 2020 · Privately Held (backing)

Developer of a water propulsion system designed for sustainable space development. Pale Blue is based in Kashiwa, Japan and was founded in 2020. Its last reported valuation was $61.1 million in Aug 2025. It has raised $31.2 million.

Last reported valuation
$61.1M
Oct 2026
Priced at
—
Total raised
$31.2M
Last round
—

Pale Blue key facts

as of Oct 2026
  • Developer of a water propulsion system designed for sustainable space development.
  • Pale Blue is valued at approximately $61.1M as of Oct 2026 (last reported valuation).
  • It has raised $31.2M; the latest was Later Stage VC ($10.2M) in Aug 2025.
  • Notable investors include Global Brain, J-Startup, Nissay Capital, Japan External Trade Organization, Incubate Fund — 35 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$61.1M

Pale Blue's last reported valuation, Aug 2025. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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Pale Blue funding rounds

No rounds on record

No funding rounds for Pale Blue are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Pale Blue valuation

Pale Blue's last reported valuation was $61.1 million in Aug 2025. No priced round, secondary trade or fund mark has surfaced since.

Pale Blue investors

35 investors are on record for Pale Blue, including Global Brain, J-Startup, Nissay Capital and Japan External Trade Organization. By type, the record holds 5 venture capital firms and 2 private equity firms.

About Pale Blue

Developer of a water propulsion system designed for sustainable space development. The company develops propulsion devices for small satellites that are water-based instead of harmful compounds such as hydrazine, enabling companies launching microsatellites to maneuver them even after it has been placed in orbit.

Sector
Business Products and Services (B2B)
HQ
Kashiwa, Japan
Founded
2020
Employees
100
Ownership
Privately Held (backing)

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