Tuesday, October 1, 2024

Seraphim’s newest house accelerator welcomes 9 corporations

U.Ok.-based Seraphim Area is spinning up its thirteenth accelerator program, with 9 collaborating corporations engaged on a spread of tech from propulsion to in-space manufacturing and house situational consciousness.

The extreme 12-week program is designed to get seed and Collection A corporations “funding prepared,” the agency says, by offering specialist mentorship, networking alternatives and intensive workshops and pitch coaching periods. Seraphim’s bi-annual accelerator was the primary devoted to house tech within the U.Ok. 

The brand new cohort contains corporations from the U.Ok., the U.S., Italy and India. They’re:

  • AADYAH Aerospace (India), subsystems for launch autos and satellites 
  • Arkisys (U.S.), reusable port module developer to allow enterprise circumstances in house
  • CarbonLaces (U.Ok.), software program analytics platform for local weather and carbon emissions monitoring
  • 4 Resolutions (U.S.), third-party calibration providers for geospatial knowledge 
  • Frontier Area Applied sciences (U.Ok.), miniaturized satellite tv for pc laboratory developer
  • SaferPlaces (Italy), flood danger evaluation with a “digital twin” platform 
  • Spaceflux (U.Ok.), house site visitors administration answer supplier 
  • Viridian Area (U.S.), propulsion developer for satellites working in Very Low Earth Orbit

There’s additionally a U.S.-based stealth firm that gives cybersecurity for satellite tv for pc networks. 

Since 2018, 95 startups have gone by way of Seraphim’s accelerator and 85% of these raised funding inside 12 months, in accordance with the agency. Notable alums embrace Xona Area Techniques, which just lately closed a $19 million Collection A, in addition to Virtus Solis and Orbital Composites

Seraphim additionally just lately launched its subsequent enterprise fund, Seraphim Area Ventures II, which is able to deal with seed and Collection A investments. That fund, which has the intention of constructing out a worldwide portfolio of 30 startups, is backed by main restricted companions within the house business together with Airbus, Inmarsat and SES. 

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