Unastella
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Investors
Founders
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 (₩33.5B) | Altos Ventures | Korea Development Bank, Strong Ventures, KDB Capital, Woori Venture Partners, Samho Green Investment, Hana Ventures 12 |
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
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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/↩↩↩↩↩
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“Korean Rocket Startup Unastella Raises 33.5 Billion Won in Series B,” Seoul Economic Daily, June 2, 2026. Accessed June 2026. https://en.sedaily.com/technology/2026/06/02/korean-rocket-startup-unastella-raises-335-billion-won-in↩