Meissa, a Korean digital twin-based spatial information platform company, raises over $7.5 million (KRW 10 billion) in Series C funding. The funding round included existing investors such as Korea Aerospace Industries (KAI), A Ventures, and U-On Investment, alongside new participants like Korea Development Bank(KDB), GNTECH Venture Capital, Bithumb Investment, and KDB Capital. 

Meissa is accelerating its preparations for an IPO and has selected Kiwoom Securities as the underwriter. The company plans to request a preliminary listing review by the end of next year, with an ultimate goal of going public on KOSDAQ in 2026. CEO Seok-won Choi stated, “This investment will help accelerate technology development and market expansion. The IPO is an important step toward becoming a global, comprehensive spatial information platform company.”

In August, Meissa expanded its business by merging with its subsidiary Meissa Planet. Established with strategic investment from KAI, Meissa Planet specializes in satellite image analysis. KAI’s total investment in the company to date amounts to approximately $6 million (KRW 8 billion). The merger is expected to create synergies by integrating KAI’s satellite hardware with Meissa’s data analysis software, enabling the company to expand its services beyond the construction sector to areas such as national defense, disaster response, urban planning, and agriculture.

Founded at Seoul National University in 2017, Meissa has enhanced work efficiency in the construction industry with its drone-based 3D mapping technology. The platform supports tasks like digital surveying, construction error analysis, and progress monitoring. Major domestic construction firms, including Hyundai Engineering & Construction, Daewoo Engineering & Construction, GS Engineering & Construction, and DL E&C, are among its clients.

With this latest round of funding, Meissa’s total investment to date stands at approximately $18.8 million (KRW 25 billion). The company aims to use this capital to strengthen its position in the spatial information market and take a significant step toward becoming a global leader in comprehensive spatial information platforms.