Specx, a space and aerospace deep-tech startup, has secured KRW 3 billion (approximately $2.2 million) in follow-on pre-Series A funding. The round was led by Triangle Partners, with participation from E&Venture Partners and JX Partners.
The company announced the funding on June 19.
Specx develops hyperspectral imaging technology that precisely analyzes wavelength data from light. The startup has built an end-to-end platform covering satellite observation data acquisition, processing, and analysis.
Jeju Center for Creative Economy & Innovation first discovered Specx through its 2024 Pre-Startup Package program. The center, together with MYSC, then made Specx the inaugural investment of their jointly managed Jeju Early-Stage Startup Fund. Following the center’s recommendation, Specx won selection for the Deep Tech TIPS program, securing KRW 1.5 billion (approximately $1.1 million) in R&D funding to commercialize its hyperspectral technology.
“Specx exemplifies the Jeju model for deep-tech startup growth—from discovery through our pre-startup package to our first investment, Deep Tech TIPS selection, and now private follow-on funding,” said Lee Byung-sun, CEO of Jeju Center for Creative Economy & Innovation. “We will continue strengthening our support in investment, technology commercialization, and follow-on funding connections to help promising startups grow beyond the region into global markets.”
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