Unastella

Stub active Updated Jun 1, 2026

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Location Seoul, South Korea
Founded 2022
Latest Stage Series B
Total Raised $24M

Investors

Altos Ventures series-b (2026)

Founders

Jae Park CEO & Founder

About

Unastella is a Seoul-based rocket startup developing small launch vehicles and engines using kerosene and liquid oxygen propulsion 1. The company successfully launched its UNA EXPRESS-I rocket from South Korean soil in May 2025, becoming one of a small group of private companies to launch a rocket domestically in Korea 1. The 22-person team handles design, manufacturing, ground operations, and flight data in-house, with plans for small satellite launch services and crewed suborbital spaceflight 1.

Funding History

Date Round Amount Lead Co-investors
2026-06-01 Series B $24M Altos Ventures Korea Development Bank, Strong Ventures, Hana Ventures 1

What Investors Say

No independently sourced investor commentary found at this time.

What Founders Say

“We’re not an R&D group trying to build the most impressive rocket. We’re a commercial launch company trying to get to market fast.”

— Jae Park, CEO of Unastella, TechCrunch, June 1, 2026 1

Sources


  1. Rebecca Bellan, “Unastella, a South Korean rocket startup that launched from home, raises $24M,” TechCrunch, June 1, 2026. Accessed June 2026. https://techcrunch.com/2026/06/01/unastella-a-south-korean-rocket-startup-that-launched-from-home-raises-24m/