South Korean aerospace technology developer Unastella raises $24 million in Series B funding
Summary
Unastella, a South Korean aerospace technology developer, secured $24 million in Series B funding. Altos Ventures led the round, with participation from the Korea Development Bank, Strong Ventures, and Hana Financial Investment. The company focuses on two lines of business: developing a domestically built liquid rocket and supporting local launches, plus small commercial satellite launches and suborbital space tourism. The raise gives Unastella more capital to advance its launch capabilities and commercial space plans.
Funding
Amount
$24.0M
Total raised
Date
June 3, 2026
Announcement date
Investors
Altos Ventures, Korean Development Bank, Hana Financial Investment, Strong Ventures
Lead investors
Company
unastella.co
Funded company
Classifications
industries
No industries detected
applications
No applications detected
AskAI Classifications
Labels
No AI classifications detected