E
ElevationSpace
Space · Sendai, Japan · Founded 2021
Reusable satellite platform for in-orbit manufacturing and recovery MoreLess
ElevationSpace Inc. is a Japanese space-tech startup established in February 2021 as a spin-off from Tohoku University. The company was co-founded by CEO Ryohei Kobayashi and CTO Toshinori Kuwahara. Kobayashi, who studied space architecture, leads the company with a vision conceived during his time at the university. Kuwahara is a professor at Tohoku University and a specialist in small satellite development. The management team also includes COO Kazunari Miyamaru and CFO Hiroshi Imakubo.
ElevationSpace is developing services to address the upcoming decommissioning of the International Space Station (ISS) in 2030, which will create a gap in space environment utilization. The firm's core offerings are the "ELS-R" and "ELS-RS" platforms. ELS-R is an uncrewed, reusable small satellite service that enables in-orbit research, development, and manufacturing in a microgravity environment, with the capability to return materials and results to Earth. This service provides a more frequent, cost-effective, and flexible alternative to experiments on the ISS. The ELS-RS is a high-frequency cargo return service designed to retrieve payloads from crewed space stations. Leveraging Japan's expertise in atmospheric re-entry technology, these platforms are designed to provide a reliable two-way transportation system between orbit and the ground.
The company's business model centers on providing these space transportation and experimentation services to a range of clients, including private companies and research institutions that need access to microgravity environments. The first major project is the "AOBA" satellite, Japan's first commercial re-entry satellite, scheduled for launch from late 2026. This 220kg-class satellite will carry experimental payloads from various companies, conduct in-orbit experiments, and then return to Earth. As of September 2025, ElevationSpace had raised a total of 3.7 billion yen (approximately $3.7B USD) through multiple funding rounds, including a pre-series B round, to accelerate the development of its platforms and the production of the "Aoba" flight model.
Keywords: space transportation, re-entry technology, microgravity research, in-orbit manufacturing, reusable satellites, orbital services, post-ISS solutions, space-to-Earth recovery, commercial space, ELS-R, AOBA satellite, space logistics, cargo return service, satellite development, atmospheric re-entry, space experiments, Tohoku University spin-off, Ryohei Kobayashi, Toshinori Kuwahara, space platform
Company overview
ElevationSpace company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2021
- Headquarters
- Sendai, Japan
- Employees
- 39
- Open positions
- None listed
- Dealroom signal
- 83.6
Valuation & funding
ElevationSpace funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Jun 2026 | $0 | — | Nippon Express | ↗ |
| EARLY VC✓Equity / VC | Jun 2026 | $0 | — | NTT DOCOMO Ventures | ↗ |
| DEBT✓Debt | Sep 2025 | $4.2M | — | JA Mitsui Leasing | ↗ |
| EARLY VC✓Equity / VC | Sep 2025 | $4.2M | $54M | Beyond Next Ventures · Genesia Ventures · FFG Venture Business Partners · Gogin Capital | ↗ |
| SERIES A✓Equity / VC | Jul 2024 | $11M | $43M | SPARX Asset Management · Nissay Capital · FFG Venture Business Partners · The Sendai Bank | ↗ |
| SEED✓Equity / VC | Mar 2022 | Genesia Ventures · Plug and Play · Leave a Nest · Mirai Souzou | ↗ | ||
| SEED✓Equity / VC | Jun 2021 | Undisclosed | — |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 39 |
| 2025 | 28 |
| 2024 | 21 |
| 2023 | 19 |
| 2022 | 16 |
Growth signals
ElevationSpace website traffic
Latest recorded traffic for ElevationSpace is 9.2K monthly website visits, up 29.6% over the last three months. ElevationSpace's team grew 39.3% over the past year.
Comparisons
ElevationSpace compared with similar companies
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Talent graph
ElevationSpace's talent
Source: Dealroom Talent Intelligence.
Investors
21 investors on ElevationSpace's cap table
Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.














Global footprint
Where ElevationSpace has talent and traffic
team presence
In the news
Latest news about ElevationSpace
Recent press, funding announcements, and product moves mentioning ElevationSpace — open to read from the original sources.
Market sentiment
What the market is saying about ElevationSpace
An AI-synthesized read of the highest-engagement posts about ElevationSpace on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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