TLDR:
Publicly traded space startup VC Seraphim reports positive EBITDA and cash flow in its portfolio companies, with some not needing new funding rounds. The private markets are thriving, while the public markets face challenges.
Article Summary:
Seraphim Space Investment Trust (SSIT) PLC, a publicly traded VC investor in space startups, announced positive EBITDA and cash flow in its portfolio companies. Seven companies in its 31-company portfolio are doing well and do not require new funding rounds. The private markets are performing strongly, contrasting with challenges in the public markets. SSIT remains optimistic about its investments and the future of the space industry.
