based in Great Britain Seraphim Space launches its thirteenth accelerator program, with nine participating companies working on a range of technologies from propulsion to space manufacturing and space situational awareness.
The intensive 12-week program is designed to “prepare seed and Series A companies for investment,” the company says, by providing specialized mentoring, networking opportunities and intensive workshops and training sessions. The biannual Seraphim accelerator was the first in the UK dedicated to space technologies
The latest cohort includes companies from the UK, USA, Italy and India. They are:
- AADYAH Aerospace industry (India), launch vehicle and satellite subsystems
- Arkisys (USA), creator of reusable port modules enabling the implementation of business projects in space
- Carbon laces (UK), software analytics platform for tracking climate and greenhouse gas emissions
- Four resolutions (USA), third party geospatial calibration services
- Frontier space technologies (Great Britain), creator of miniaturized satellite laboratories
- Safer places (Italy), flood risk assessment using a digital twin platform.
- Cosmic stream (UK), provider of space traffic management solutions
- Viridian space (USA), creator of propulsion for satellites operating in very low Earth orbit
There is also an American stealth company that gives cybersecurity for satellite networks.
According to the company, since 2018, 95 startups have passed through the Seraphim accelerator, and 85% of them raised investments inside 12 months. Notable alumni include Xona Space Systems, which recently closed a $19 million Series A round, in addition to Virtus Solis and Orbital Composites.
Seraphim also recently launched its next enterprise capital fund, Seraphim Space Ventures II, which is able to focus on seed and Series A investments. The fund, which goals to build a global portfolio of 30 startups, is backed by major limited partners from the space industry, including Airbus, Inmarsat and SES.