MJOLNIR SPACEWORKS Co.,Ltd. (abbreviated as MSW, headquartered in Sapporo, Hokkaido; CEO: Tor Viscor), a company developing hybrid rocket engines, is pleased to announce the successful completion of its Series A+ funding round. The round was led through a third-party allocation of shares to three investors: IncubateFund, UntroD Capital Japan, and Mitsubishi UFJ Capital, raising a total of JPY 400 million. As a result, our cumulative fundraising has reached JPY 850 million.
With this new funding, we will accelerate the advancement of our products, strengthen our hiring efforts, and expand our business internationally, aiming for further growth. We would like to express our sincere gratitude to IncubateFund, UntroD Capital Japan, and Mitsubishi UFJ Capital for their strong support and for sharing our vision and belief in our potential.
We will continue to take on challenges in pursuit of our goal: becoming the global leader in mass production of rocket engines.
About MJOLNIR SPACEWORKS Inc.
- Company Name: MJOLNIR SPACEWORKS Co.,Ltd.(abbreviated as MSW)
- CEO: Tor Viscor
- Established: January 21, 2020
- Headquarters: Noblesse SAPPORO 201, Kita 10-jo Nishi 3-chome 1-1, Sapporo, Hokkaido, Japan
- Business Activities: Design, manufacturing, and trading of aircraft, spacecraft, projectiles, and related equipment
- Official Website: https://www.mjolnir-sw.com
