– Seraphim exceeds $100 million target for latest early-stage SpaceTech venture fund, supporting next-generation space innovators
– Now manages over $550 million in active funds, reinforcing its position as a global SpaceTech investment leader
– Key investors include the British Business Bank (BBB), National Security Strategic Investment Fund (NSSIF), ARABSAT, Eutelsat, NEC Corporation, and SKY Perfect JSAT (スカパーＪＳＡＴ)
– Headquartered in the UK, with offices in the US and Germany, investing in visionary entrepreneurs worldwide
– The new fund already includes 17 portfolio companies, such as Hubble Networks, AscendArc, Delos, and Atmos
– Portfolio focus areas: Defence, Climate, Life Sciences and Next-Generation Space Infrastructure
– CEO Mark Boggett: Highlights the immense potential of SpaceTech to transform industries and enable AI-powered global digital systems
Emphasizes the fund’s role in supporting breakthrough innovations for long-term planetary benefits
– Christine Hockley, British Business Bank: Notes the long-term impact of Seraphim’s funds and the expansion of capital for UK space entrepreneurs. Calls the fund a demonstration of the success of specialist UK fund managers in the SpaceTech market
