Letara raises ¥2.6bn Series A for hybrid propulsion
Headline Asia, JIC Venture Growth Investment and other investors participated in the financing.
Letara raised ¥2.6 billion in Series A financing on August 21. Participants included Headline Asia, JIC Venture Growth Investment, Incubate Fund, NES Corporation, Toyoda Gosei and Frontier Innovations. The company develops hybrid propulsion for satellites and rockets.