Hokkaido University spinout developing plastic-fueled hybrid propulsion engines for spacecraft.
| Date | Round | Amount |
|---|---|---|
| Dec 2024 | Seed Letara raised a total of 480M yen in seed funding, backed by Incubate Fund's Toru Akaura, to develop its plastic-fueled space engines. | $3.2M |
| Jul 2024 | Funding round Letara, a Hokkaido University spacecraft-engine startup, raised 275M JPY (incl. debt) led by NES with Incubate Fund, Toyoda Gosei and JST, to build a development/manufacturing base in Takikawa, Hokkaido. | $1.8M |