Innospace
Latest round
- Series B
Last raised
- Jul 2021
Total raised
- $30M
Investors
- 16
About Innospace
Innospace was founded in 2017 in South Korea, focusing on the development of launch vehicle solutions. Innospace offers a diverse range of launch vehicle solutions, primarily focusing on the Hanbit lineup, which includes the Hanbit-Nano, Hanbit-Micro, and Hanbit-Mini rockets. These products cater to varying payload requirements for deploying small satellites into orbit. Innospace specializes in custom-engineered solutions, providing tailored launch services that meet specific mission parameters using advanced hybrid propulsion technologies, ensuring reliable operations for scientific and commercial missions. The company targets a global customer base, including satellite manufacturers and research institutions, especially in Southeast Asia, Europe, and North America. Innospace generates revenue through its launch services structured around contracts with satellite operators and research organizations. Their transaction model typically involves fixed-price agreements for satellite launches, covering all services, including pre-launch testing and integration. The company also engages in strategic partnerships for collaborative missions, enhancing its service offerings. Pricing plans for the Hanbit-Nano and other products depend on payload weight and mission requirements, while additional revenue comes from engineering services and testing evaluations for propulsion systems. The company plans to expand its product offerings and enhance its launch capabilities, targeting new markets in Southeast Asia and beyond by 2023, aiming to meet the growing demand for small satellite launches.
Who invested in Innospace
16 investors across 4 rounds
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Questions about Innospace
Who invested in Innospace?
Innospace has 16 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Innospace raised?
Innospace has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Innospace last raise money?
Innospace's most recent round on record is a Series B, in Jul 2021.
What does Innospace do?
Innospace was founded in 2017 in South Korea, focusing on the development of launch vehicle solutions.
Where is Innospace headquartered?
Innospace is headquartered in South Korea.
Which VCs invest in companies like Innospace?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back aerospace companies at Innospace's stage. Their profiles are linked below.
VCs backing aerospace startups at Series B
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