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Today: November 15, 2024
April 24, 2024
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Seraphim Space Soars with Launch of Second Spacetech Fund







Seraphim Space Launches Second Spacetech Fund

TLDR:

  • Seraphim Space has launched their second spacetech fund, Seraphim Space Ventures II LP (SVII).
  • The fund will support 30 companies prioritizing various applications of technology in the spacetech industry.

UK-based spacetech VC Seraphim Space has closed their new fund Seraphim Space Ventures II LP (SVII). The fund aims to support 30 companies and prioritize applications of artificial intelligence to satellite data, merging communications networks, utilizing space environments for scientific breakthroughs, and creating space-based networks. The fund has already made nine investments and new backers include Eutelsat, NEC, and SKY Perfect JSAT. Seraphim Space is known for its investments in over 120 Spacetech companies globally, raising more than $3 billion in funding.

Key Points:

UK-based spacetech VC, Seraphim Space, has launched their second spacetech fund, Seraphim Space Ventures II LP (SVII).

The fund aims to support 30 companies prioritizing applications of technology in the spacetech industry.

The fund has already made nine investments and is backed by new investors including Eutelsat, NEC, and SKY Perfect JSAT.


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