# ElevationSpace Startup profile on Capital Atlas: https://capitalatlas.ai/startups/elevationspace - Industry: Aerospace - Headquarters: Sendai, Japan - Website: https://elevation-space.com/ - Total disclosed funding: $50M - Latest round: Series B (Jun 19, 2026) - Investors on record: 27 ## About Based in Japan, ElevationSpace Inc. d.b.a ElevationSpace is a pioneering company focused on enhancing urban living through innovative modular housing and smart home solutions.ElevationSpace was founded in 2021 in Sendai, Japan. The company specializes in modular living spaces and integrated smart technologies aimed at improving urban environments. Ryohei Kobayashi serves as both founder and CEO, bringing previous entrepreneurial experience to the role. ElevationSpace focuses on innovative solutions designed to enhance urban living through their core product offerings, which include modular living spaces and integrated smart home technologies. These products are engineered to optimize space utilization in densely populated urban areas, addressing the growing demand for affordable and flexible housing solutions. The company primarily serves a diverse client base that encompasses urban developers, real estate investors, and individual consumers seeking modern living arrangements. With their flagship offerings gaining traction since their launch, these products are marketed in various geographical regions, including North America, Europe, and select markets in Asia, catering to urban dwellers who prioritize efficiency and modern amenities.ElevationSpace Inc. generates revenue through a structured approach that includes a combination of direct-to-consumer sales and B2B partnerships with real estate developers. The company’s transactions typically involve the sale of modular units, which are customized according to client specifications and delivered as complete packages. Additionally, ElevationSpace offers subscription services for smart home technology integrations, allowing clients to access ongoing support and upgrades for their installed systems. Pricing structures are designed to accommodate a range of budgets, aligning with the company’s mission to make urban living more accessible. Through these diverse revenue streams, ElevationSpace effectively caters to the evolving needs of modern urban consumers while expanding its market presence. In June 2026, ElevationSpace Inc. raised JPY 6.4 billion in series B funding from Energy & Environment Investment, Simplex Capital Investment, ITOCHU Technology Ventures, Animal Spirits, Dai Nippon Printing, Toyoda Gosei Co., Ltd. Global Brain, Mitsubishi UFJ Capital, NTT DOCOMO Ventures, SBI Investment, Resona Capital, PERSOL VENTURE PARTNERS, SMBC Venture Capital and Aozora Corporate Investment, Sparx group, Beyond Next Ventures, Nissay Capital, Z Venture Capital. The company plans to use the June 2026 funds to advance the development and operation of its space-to-Earth transportation and space environment utilization services, as well as support global expansion initiatives. ## Funding rounds - Series B, Jun 19, 2026, $40M — Mitsubishi UFJ Capital, ITOCHU Technology Ventures, SMBC Venture Capital, Global Brain, SPARX Group, Energy & Environment Investment, SBI Investment, Z Venture Capital, Nissay Capital, NTT DOCOMO Ventures, Dai Nippon Printing, Beyond Next Ventures, Resona Capital, Aozora Corporate Investment, Toyoda Gosei Co., Ltd., PERSOL VENTURE PARTNERS, Animal Spirits, Simplex Capital Investment - Series A, Jul 12, 2024, $7.2M — SPARX Group, Nissay Capital, Beyond Next Ventures, FFG Venture Business Partners, coconala Skill Partners, Globe Advisors Ventures - Seed, Mar 8, 2022, $2.7M — TOHOKU University Venture Partners, Genesia Ventures, Miraisozo Investments, Spurcle, Plug and Play Japan, Leave a Nest Capital ## Investors - TOHOKU University Venture Partners (https://capitalatlas.ai/funds/tohoku-university-venture-partners) — Seed - Genesia Ventures (https://capitalatlas.ai/funds/genesia-ventures) — Seed - Miraisozo Investments (https://capitalatlas.ai/funds/miraisozo-investments) — Seed - Spurcle (https://capitalatlas.ai/funds/spurcle) — Seed - Plug and Play Japan — Seed - Leave a Nest Capital (https://capitalatlas.ai/funds/leave-a-nest-capital) — Seed - SPARX Group (https://capitalatlas.ai/funds/sparx-group) — Series A, Series B - Nissay Capital (https://capitalatlas.ai/funds/nissay-capital) — Series A, Series B - Beyond Next Ventures (https://capitalatlas.ai/funds/beyond-next-ventures) — Series A, Series B - FFG Venture Business Partners (https://capitalatlas.ai/funds/ffg-venture-business-partners) — Series A - coconala Skill Partners — Series A - Globe Advisors Ventures (https://capitalatlas.ai/funds/globe-advisors-ventures) — Series A - Mitsubishi UFJ Capital (https://capitalatlas.ai/funds/mitsubishi-ufj-capital) — Series B - ITOCHU Technology Ventures (https://capitalatlas.ai/funds/itochu-technology-ventures) — Series B - SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series B - Global Brain (https://capitalatlas.ai/funds/global-brain) — Series B - Energy & Environment Investment (https://capitalatlas.ai/funds/energy-environment-investment) — Series B - SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series B - Z Venture Capital (https://capitalatlas.ai/funds/z-venture-capital) — Series B - NTT DOCOMO Ventures (https://capitalatlas.ai/funds/ntt-docomo-ventures) — Series B - Dai Nippon Printing — Series B - Resona Capital (https://capitalatlas.ai/funds/resona-capital) — Series B - Aozora Corporate Investment (https://capitalatlas.ai/funds/aozora-corporate-investment) — Series B - Toyoda Gosei Co., Ltd. — Series B - PERSOL VENTURE PARTNERS (https://capitalatlas.ai/funds/persol-venture-partners) — Series B - Animal Spirits (https://capitalatlas.ai/funds/animal-spirits) — Series B - Simplex Capital Investment (https://capitalatlas.ai/funds/simplex-capital-investment) — Series B