SAN FRANCISCO – Launchspace Technologies Corp., a company developing technology to capture orbital debris, is the latest space startup to seek funding on an equity crowdfunding platform.

As of Oct. 2 LaunchSpace had raised $58,351 at a valuation of nearly $49 million on Netcapital.

On the Netcapital site, LaunchSpace is heralding its recent grant from the nonprofit Center for the Advancement of Science in Space (CASIS) to support its plan to test technology for collecting orbital debris on the International Space Station.