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Seraphim’s latest space accelerator welcomes nine companies

UK-based Seraphim Space is launching its 13th accelerator program, with nine participating companies working on a range of technologies from propulsion to in-space manufacturing and space situational awareness.

The intense 12-week program is designed to prepare seed and Series A companies for investment, the company claims, by providing specialized mentoring, networking opportunities and intensive workshops and pitch training sessions. The biannual Seraphim accelerator was the first dedicated to space technology in the UK

The new cohort includes companies from the UK, US, Italy and India. They are:

  • AADYAH Aerospace (India), subsystems for launchers and satellites
  • Arkisys (US), developer of reusable port modules to enable business cases in space
  • CarbonLaces (UK), software analytics platform for tracking climate and carbon emissions
  • Four Resolutions (US), third-party calibration services for geospatial data
  • Frontier Space Technologies (UK), developer of miniaturized satellite laboratories
  • SaferPlaces (Italy), flood risk assessment with a “digital twin” platform
  • Spaceflux (UK), provider of space traffic management solutions
  • Viridian Space (United States), developer of propulsion for satellites operating in very low Earth orbit

There is also a US-based stealth company that provides cybersecurity for satellite networks.

Since 2018, 95 startups have gone through the Seraphim accelerator and 85% of them have raised investments within 12 months, according to the firm. Notable alumni include Xona Space Systems, which recently closed a $19 million Series A round, as well as Virtus Solis and Orbital Composites.

Seraphim also recently launched its next venture capital fund, Seraphim Space Ventures II, which will focus on seed and Series A investments. This fund, which aims to build a global portfolio of 30 startups, is backed by major space industry sponsors including Airbus, Inmarsat and SES.

techcrunch

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