# GTL

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gtl

- Industry: Aerospace
- Headquarters: South Korea
- Total disclosed funding: $4.4M
- Latest round: Series A (Jun 4, 2024)
- Investors on record: 5

## About

Based in South Korea, and founded in 2021, GTL operates as an aerospace company. In February 2022, GTL raised venture funding from Lighthouse Combined Investment and Sunbo Angel Partners. In August 2023, GTL raised KRW 3 billion in series A funding led by SJ Investment Partners, with participation from Shinhan Capital and Open Water Investment. As of 2023, the company’s CEO is Hwang Geon-ho. 

GTL develops and offers a variety of satellite antennas for the aerospace sector. The company’s product line includes 2-axis drive positioners for low-orbit satellite antennas.

The company plans to use the August 2023 funding to establish a satellite antenna research center and manufacturing facilities this year to continue research and development in antenna systems.

## Funding rounds

- Series A, Jun 4, 2024, $2.2M — Medici Investment
- Series A, Aug 9, 2023, $2.3M — Shinhan Capital, SJ Investment Partners, Lighthouse Combined Investment, Open Water Investment

## Investors

- Shinhan Capital (https://capitalatlas.ai/funds/shinhan-capital) — Series A
- SJ Investment Partners (https://capitalatlas.ai/funds/sj-investment-partners) — Series A
- Lighthouse Combined Investment (https://capitalatlas.ai/funds/lighthouse-combined-investment) — Series A
- Open Water Investment (https://capitalatlas.ai/funds/open-water-investment) — Series A
- Medici Investment (https://capitalatlas.ai/funds/medici-investment) — Series A