About Space Tech sector in Asia
The Space Tech sector in Asia comprises 532 companies, including 196 funded companies having collectively raised $7.03B in venture capital money and private equity. Out of these, 84 are Series A+ funded, and 1 has achieved unicorn status.
Space Tech sector in Asia has seen 10 acquisitions and 18 IPOs.
This sector includes newspace is an industry in which private companies, startups and entrepreneurs try to build products for Space.
Space Tech sector is also known as Space Technology or New Space.
Companies included in Space Tech
Companies(non-governmental) which develop spaceflight technologies for commercial space market. Companies developing new launch systems, satellites, spacecrafts, new propulsion systems, new antenna systems, etc. principally with private funding. Also includes companies providing space services such as tourism, satellite communication, imaging, space burial services etc.Companies excluded in Space Tech
Government space agencies, companies highly reliant on govt. agencies, defence grants and projects.Top Space Tech Companies in Asia
There are more than 532 companies in Space Tech in Asia. Skyroot is the top Space Tech company in Asia, ranked using Tracxn Score (what's this?).
Here are 5 of the top Space Tech companies in Asia:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Developer of launch vehicles providing access to space for all | Hyderabad (India) | 2018 | Series B | $99.8M | |
Provider of satellite platforms, launch solutions, and ground station services | Hyderabad (India) | 2012 | Series A | $16.1M | |
Provider of private aerospace manufacturer and commercial launch solutions | Chennai (India) | 2017 | Series B | $45.5M | |
Developer of satellite solutions for space debris removal | Sumida City (Japan) | 2013 | Public | $384M | |
Developer of micro-robots that locate the resources necessary to extend human life into outer space | Chuo City (Japan) | 2010 | Public | $196M |
Companies founded year-on-year in the Space Tech sector in Asia
57 Space Tech startups in Asia were founded in 2024 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | 12 |
2024 | 57 |
2023 | 40 |
2022 | 49 |
2021 | 46 |
2020 | 44 |
2019 | 29 |
2018 | 52 |
2017 | 30 |
2016 | 26 |
Stage-wise distribution of Space Tech sector companies in Asia
Out of the total 532 Space Tech companies in Asia, 196 have secured funding. Among them, 84 have reached Series A or higher, and 53 to Series B or beyond.
Founded - 532
Funded - 196
Series A+ - 84
Series B+ - 53
Series C+ - 39
Company Stage | No. of companies |
|---|---|
Founded | 532 |
Funded | 196 |
Series A+ | 84 |
Series B+ | 53 |
Series C+ | 39 |
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Funding Trends in the Space Tech sector in Asia
Total funding year-on-year in the Space Tech sector in Asia
The Space Tech sector in Asia saw a total funding of more than $5.76B in the last 10 years. The most amount of funding was in 2025 at more than $1.01B.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $1.01B |
2024 | $670M |
2023 | $749M |
2022 | $636M |
2021 | $631M |
2020 | $874M |
2019 | $458M |
2018 | $289M |
2017 | $338M |
Recent Funding Rounds in Space Tech in Asia
In the year 2025, till October 2025, Space Tech companies in Asia have raised $986M in equity funding across 46 rounds.
In the same period last year (i.e. till October 2024), Space Tech companies in Asia had raised $538M across 46 rounds.
So, 2025 has seen a 83.2% rise in funding in Space Tech companies in Asia as compared to 2024.
Here are some recent, important funding rounds in Space Tech companies in Asia:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 2151 | Oct 15, 2025 | ||
Series C | 5086 | Oct 09, 2025 | ||
Seed | 5476 | Oct 06, 2025 | and 2 more | |
Series A | 7420 | Oct 03, 2025 | and 2 more | |
Series A | 5720 | Sep 28, 2025 | and 1 more |
Top Investors in Space Tech in Asia
Starburst is the top investor in Space Tech companies in Asia based on number of companies invested.
Here are some top investors in Space Tech companies in Asia:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Los Angeles (United States) | ||
Washington, DC (United States) | - | |
Tokyo (Japan) | ||
Minato City (Japan) | ||
Bengaluru (India) |
M&A activity in Space Tech sector in Asia
In the year 2025, till April 2025, 2 acquisitions happened in Space Tech sector in Asia.
Here are some recent, important acquisitions in Space Tech sector in Asia:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Apr 30, 2025 | ||
Business Acquisition | Apr 01, 2025 | ||
Business Acquisition | Aug 31, 2023 | ||
Business Acquisition | Jun 02, 2022 | ||
Business Acquisition | Jun 15, 2021 |
Acquisition trends in Space Tech sector in Asia
Here are the acquisition trends in Space Tech sector in Asia:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2025 | 2 |
2024 | - |
2023 | 1 |
2022 | 1 |
2021 | 1 |
2020 | 1 |
2019 | - |
2018 | 1 |
2017 | 2 |
2016 | 1 |
IPOs in Space Tech in Asia
In the year 2025, till August 2025, 1 IPO happened in Space Tech sector in Asia.
Here are some recent, important IPOs in Space Tech sector in Asia:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Aug 13, 2025 | Tokyo Stock Exchange (TYO) | |
Dec 19, 2024 | Tokyo Stock Exchange (TSE) | |
Jul 31, 2024 | National Stock Exchange (NSE) | |
Jun 05, 2024 | Tokyo Stock Exchange (TSE) | |
Dec 06, 2023 | Tokyo Stock Exchange (TSE) |
Colleges which produce the most Space Tech companies in Asia
Companies founded by alumni from top colleges in the Space Tech in Asia
Most number of Space Tech startups in Asia have been founded by alumni from IIT Madras, BITS Pilani and IIT Kharagpur.
College | No. of companies |
|---|---|
IIT Madras | 11 |
BITS Pilani | 10 |
IIT Kharagpur | 7 |
IIT Bombay | 6 |
IIT Kanpur | 6 |
National University of Singapore (NUS) | 5 |
Anna University | 4 |
Columbia University | 4 |
Technion Israel Institute Technology | 4 |
BIT Mesra | 3 |
Total funding in Space Tech companies founded by alumni from top colleges in Asia
In the last 10 years, Booth School of Business, INSEAD and University of Chicago graduates' Space Tech companies in Asia have raised the most funding among top colleges.
College | Total Funding |
|---|---|
Booth School of Business | $183M |
INSEAD | $183M |
University of Chicago | $183M |
IIT Madras | $181M |
IIT Kharagpur | $166M |
BITS Pilani | $123M |
Columbia University | $59.5M |
Anna University | $56.9M |
IIM Calcutta | $53.5M |
IIT Delhi | $53.5M |
Top News in Space Tech in Asia
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Agnikul Cosmos successfully test fires engine to power Agnibaan rocketIndia Today•May 23, 2025•AgniKul
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All In Capital Launches Inr 200 Cr Fund IiInc42•Mar 20, 2025•All In Capital, Medmitra, Spill Games, and 6 others
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Indian Space Startups Eye Senior Talent, Taps Ex-ISRO Experts For Growthelectronicsforyou.biz•Mar 18, 2025•Digantara
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Galactic Energy Launches Eight Satellites, Plans Ceres-2 and Pallas-1 DebutsSpaceNews•Mar 17, 2025•Galactic Energy
