# Perigee Aerospace

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/perigee-aerospace

- Industry: Aerospace
- Headquarters: Daejeon-City, South Korea
- Website: www.perigee.kr
- Total disclosed funding: $56M
- Latest round: Series C (May 31, 2023)
- Investors on record: 29

## About

Founded in 2018 by Yoon Shin (CEO), and based in Daejeon-City, South Korea, Perigee Aerospace Inc., previously known as Perigee Rocket and Perigee Aerospace operates as a manufacturer of microsatellites and small launch vehicles for aerospace applications such as earth observation and communications. In November 2020, PERIGEE AEROSPACE INC. raised KRW 13 billion in Series B funding from investors Korea Development Bank and Medici Investment, with participation from Samsung Venture Investment and LB Investment.

The company produces the Perigee Blue Whale 1 launch vehicle, which is a methane micro-liquid space rocket that is lighter and smaller than regular rockets and other space launch vehicles and thus requires smaller production facilities. In addition, the company produces high-efficiency liquid engines, lightweight airframe structures, and efficient avionics equipment and software.

## Funding rounds

- Series C, May 31, 2023, $9.2M — SEMA Translink Investment, Enlight Ventures, Cactus Private Equity (Duplicate), Intops Investment, Woori Financial Capital
- Series C, Jan 31, 2023, $14M — Korea Investment & Securities, Woori Bank, AJU IB Investment, Daesung Private Equity, NAU IB Capital, KB Securities, BSK Investment, Lighthouse Combined Investment, Hanwha Investment & Securities, Sunbo Angel Partners, iM Securities, Woori Financial Capital
- Series B, Feb 28, 2022, $5M — Mirae Asset Venture Investment, Medici Investment, KB Securities, BSK Investment
- Series B, Jan 18, 2021, $9.1M — Korea Development Bank, LB Investment, Samsung Venture Investment, STIC Ventures, Mirae Asset Capital
- Series B, Dec 1, 2020, $12M — Korea Development Bank, LB Investment, Samsung Venture Investment, WONIK Investment Partners, Mirae Asset Venture Investment, Medici Investment, STIC Ventures
- Series A, May 1, 2019, $6M — LB Investment, Innopolis Partners, Samsung Venture Investment, Mirae Asset Venture Investment, STIC Ventures
- Seed, Sep 1, 2018 — Innopolis Partners, Korea Tech Incubator for Startup
- Seed, Jun 1, 2018, $1.3M — Innopolis Partners, Kite Entrepreneurship Foundation, Bluepoint Partners, Satrec Initiative

## Investors

- Innopolis Partners (https://capitalatlas.ai/funds/innopolis-partners) — Seed, Series A
- Kite Entrepreneurship Foundation — Seed
- Bluepoint Partners (https://capitalatlas.ai/funds/bluepoint-partners) — Seed
- Satrec Initiative — Seed
- Korea Tech Incubator for Startup — Seed
- LB Investment (https://capitalatlas.ai/funds/lb-investment) — Series A, Series B
- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series A, Series B
- Mirae Asset Venture Investment (https://capitalatlas.ai/funds/mirae-asset-venture-investment) — Series A, Series B
- STIC Ventures (https://capitalatlas.ai/funds/stic-ventures) — Series A, Series B
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series B
- WONIK Investment Partners (https://capitalatlas.ai/funds/wonik-investment-partners) — Series B
- Medici Investment (https://capitalatlas.ai/funds/medici-investment) — Series B
- Mirae Asset Capital (https://capitalatlas.ai/funds/mirae-asset-capital) — Series B
- KB Securities (https://capitalatlas.ai/funds/kb-securities) — Series B, Series C
- BSK Investment (https://capitalatlas.ai/funds/bsk-investment) — Series B, Series C
- Korea Investment & Securities (https://capitalatlas.ai/funds/korea-investment-securities) — Series C
- Woori Bank — Series C
- AJU IB Investment (https://capitalatlas.ai/funds/aju-ib-investment) — Series C
- Daesung Private Equity (https://capitalatlas.ai/funds/daesung-private-equity) — Series C
- NAU IB Capital (https://capitalatlas.ai/funds/nau-ib-capital) — Series C
- Lighthouse Combined Investment (https://capitalatlas.ai/funds/lighthouse-combined-investment) — Series C
- Hanwha Investment & Securities (https://capitalatlas.ai/funds/hanwha-investment-securities) — Series C
- Sunbo Angel Partners (https://capitalatlas.ai/funds/sunbo-angel-partners) — Series C
- iM Securities — Series C
- Woori Financial Capital (https://capitalatlas.ai/funds/woori-financial-capital) — Series C
- SEMA Translink Investment — Series C
- Enlight Ventures (https://capitalatlas.ai/funds/enlight-ventures) — Series C
- Cactus Private Equity (Duplicate) — Series C
- Intops Investment (https://capitalatlas.ai/funds/intops-investment) — Series C