Innospace Co.

Innospace Co. is a space tech company in Sejong City, South Korea, founded in 2017. It has raised $26.3M across 2 rounds, most recently a $19.7M Series B in July 2021.

INNOSPACE

Headquarters
Sejong City
Employees
51–200
Founded
2017
Business Model
B2B
Total Funding
$26.3M
Last Round
$19.7M Series BJul 2021
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 2 funding rounds and 4 investors for this company. The full record is or through the API.

About

Innospace is a South Korean aerospace startup founded in 2017 and headquartered in Sejong City that develops hybrid rocket-powered small satellite launch vehicles. The company's flagship HANBIT vehicle family uses hybrid propulsion technology combining paraffin fuel and liquid oxygen, offering flexible and cost-effective orbital delivery services for small satellites ranging from 90 kg to 1,300 kg payloads into sun-synchronous orbit. Innospace made history in March 2023 as the first South Korean private company to successfully launch a space vehicle, with its HANBIT-TLV test rocket launched from the Alcantara Space Center in Brazil. The company has offices in South Korea, Brazil, and France and is commercially contracted to deliver satellites for international customers.

Summary

It lists 51–200 employees. It has raised $26.3M in total across 2 rounds, most recently a $19.7M Series B round in Jul 2021. Investors include Company K Partners, KOLON and InterVest Capital Partners.

Funding History

Data from Indexed.vcUpdated
Series BSeries BJul 2021
$19.7M

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Funding: Series A through Series B. Amounts, valuations, and investors where available.

Investors

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