Flexell Space
Powering Space, Unleashing Tomorrow
Uiwang, South Korea · Founded 2024 · $24.0M raised
- Headquarters
- Uiwang
- Founded
- 2024
- Business Model
- B2B
- Website
- flexellspace.com
- Total Funding
- $24.0M
- Last Round
- $20.0M Series AJul 2026
- Rounds
- 2
About
Founded as an in-house venture of Hanwha Systems and incorporated as Flexell Space Co., Ltd. in September 2024, Flexell Space develops and manufactures space solar cells, focusing on perovskite/CIGS tandem technology to improve cost, delivery, design, and power efficiency for satellite and space applications. The company secured KRW 25 billion (about $20 million) in Series A funding in May 2026, was selected for South Korea's 'Space Tandem Solar Cell' R&D project by the Ministry of Climate (about $8 million), and has signed MOUs and partnerships with aerospace firms including Airbus, NanoAvionics, Kongsberg NanoAvionics, D-Orbit, DHV Technology, and Terran Orbital. Flexell Space aims to become a leading PVSK/CIGS module manufacturer and ultimately a space-based energy service provider.
Summary
Flexell Space is a Climate Tech company based in Uiwang, South Korea, founded in 2024. It has raised $24.0M in total across 2 rounds, most recently a $20.0M Series A round in Jul 2026. Investors include Hanwha.
Tech & App Stack
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Funding History
Jul 2026
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Pre-Seed through Series A — per-round amounts, valuations, and who invested in each round.
Investors
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