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ISPTech

Lampoldshausen, DE · Founded 2023 · 41 employees on LinkedIn · 5 known investors

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A space propulsion company developing non-toxic green propellant technology, including its HIP_11 hypergolic propellant combination. Founded by former researchers from DLR's Institute of Space Propulsion.

CleantechDeep TechHardwareSpace Tech

Founders & leadership

ISPTech was founded in 2023 by Lukas Werling and Felix.

LWLukas Werling
Lukas WerlingCo-Founder and CEOLukas Werling spent 14 years at Germany's DLR Institute of Space Propulsion in roles including engineer, test bench lead, group leader, and project manager before co-founding ISPTech, a developer of non-toxic green propellant technology for spacecraft.
F
FelixCo-founder

Investors · 5

Faber Capital SCR SAlisted by Faber Capital SCR SALisbon · $2.7M

How we know: Faber Capital SCR SA's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

Final Frontier (Space & Defence VC)listed by Final Frontier (Space & Defence VC)Copenhagen

How we know: Final Frontier (Space & Defence VC)'s portfolio page · Not right? Tell us

First Momentumlisted by First MomentumKarlsruhe · $216K – $1.1M

How we know: First Momentum's portfolio page · the VCSheet dataset · Not right? Tell us

Join Capitallisted by Join CapitalBerlin · $1.1M – $5.5M

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Funding

SEC filings, press & company announcements

$5.8M disclosed across 1 of 2 rounds · 2024–2026

Source: company announcements and press reports — follow each round's link for the claim.

In the news

ISPTech Raises €2M in Pre-Seed Fundingfinsmes.com · Jul 2024

Frequently asked questions

What does ISPTech do?
A space propulsion company developing non-toxic green propellant technology, including its HIP_11 hypergolic propellant combination. Founded by former researchers from DLR's Institute of Space Propulsion.
Who founded ISPTech?
ISPTech was founded by Lukas Werling, Felix in 2023.
Who are ISPTech's investors?
ISPTech's investors include Faber, Faber Capital SCR SA, Final Frontier (Space & Defence VC), First Momentum, Join Capital.
How much funding has ISPTech raised?
ISPTech has disclosed $5.8M raised across 1 of its 2 known rounds.
Where is ISPTech headquartered?
ISPTech is headquartered in Lampoldshausen, DE.