UK-based Seraphim Space is launching its 13th accelerator program, with nine participating companies working on technologies ranging from propulsion to in-space manufacturing and space situational awareness.
According to the company, this intensive 12-week program makes seed and Series A companies “investment ready” by providing expert guidance, networking opportunities, and intensive workshops and pitch training sessions. It is said that it is designed toSeraphim's semi-annual accelerator was the UK's first dedicated space technology accelerator
The new cohort includes companies from the UK, US, Italy and India. they are:
AADYAH Aerospace (India), subsystems for launch vehicles and satellites Arkisys (USA), developer of reusable port modules to enable business cases in space CarbonLaces (UK), software to track climate and carbon emissions Analysis platform Four Resolutions (USA), third-party geospatial data calibration service Frontier Space Technologies (UK), small satellite laboratory developer SaferPlaces (Italy), “digital twin” platform for flood risk assessment Spaceflux (UK), space transportation Management solutions provider Viridian Space (USA), a satellite operating in very low Earth orbit
There are also U.S.-based stealth companies that provide cybersecurity for satellite networks.
Since 2018, 95 startups have passed through Seraphim's accelerator, and 85% of them raised investment within 12 months, the company said. Notable alumni include Xona Space Systems, which recently closed his $19 million Series A, as well as Virtus Solis and Orbital Composites.
Seraphim recently launched its next venture fund, Seraphim Space Ventures II, which will focus on seed and Series A investments. The fund aims to build a global portfolio of 30 startups and is backed by major limited partners in the space industry including Airbus, Inmarsat and SES.