NARA Space Technology Inc. announced that it has received KRW 20 billion in a round of funding on May 22, 2024. The transaction included participation from new investors Shinhan Venture Investment Co, Ltd., Samsung Securities Co.,Ltd., returning investors Hi Investment Partners, Hana Ventures Inc., BNK VENTURE CAPITAL Co., Ltd and POSCO Venture Capital Co., Ltd. The company has raised a total funding of KRW 33.5 billion.