Hanwha Asset raises bet on US startup Impulse Space

What happened: Hanwha Asset Management made an additional investment in US space transportation startup Impulse Space, joining a $308 million funding extension. Key numbers: $308 million funding extension. Series D total reaches $808 million. Impulse Space founded in 2021. Hanwha has invested since Impulse's Series B in 2024. Why it matters: Hanwha says it was the only Asian investor in Impulse's rounds since 2024, and the deal adds to a deep-tech portfolio that includes SpaceX and OpenAI as the firm targets space, AI, robotics, energy and defense.

Hanwha Asset Management made an additional investment in US space transportation startup Impulse Space, joining a $308 million funding extension.

Hanwha says it was the only Asian investor in Impulse's rounds since 2024, and the deal adds to a deep-tech portfolio that includes SpaceX and OpenAI as the firm targets space, AI, robotics, energy and defense.