How much funding has Innospace Co. raised?

Innospace Co. has raised $26.3M in total funding, most recently a Series B round.

Who are Innospace Co.'s investors?

Innospace Co.'s investors include Company K Partners, KOLON, InterVest Capital Partners, FuturePlay.

When was Innospace Co. founded?

Innospace Co. was founded in 2017.

Where is Innospace Co. headquartered?

Innospace Co. is headquartered in Sejong City, South Korea.

What industry is Innospace Co. in?

Innospace Co. operates in Space Tech.

How many employees does Innospace Co. have?

Innospace Co. has 51-200 employees.

Innospace Co.

Sejong City, South Korea · Founded 2017 · $26.3M raised

Space Tech

Headquarters: Sejong City
Employees: 51–200
Founded: 2017
Business Model: B2B

Website: innospc.com
Total Funding: $26.3M
Last Round: $19.7M Series BJul 2021
Rounds: 2

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

Innospace Co. is a Space Tech company based in Sejong City, South Korea, founded in 2017. 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.