Seraphim Space, a U.K.-based company, is gearing up for its 13th accelerator program, which focuses on space technology. The intensive 12-week program aims to prepare seed and Series A companies for investment by providing them with specialized mentorship, networking opportunities, and intensive workshops and pitch training sessions. Seraphim’s accelerator was the first of its kind in the U.K., solely dedicated to space tech.
The new cohort of companies participating in the program includes startups from the U.K., the U.S., Italy, and India. They cover a range of technologies such as propulsion, in-space manufacturing, space situational awareness, and more.
One of the participating companies, AADYAH Aerospace from India, specializes in subsystems for launch vehicles and satellites. This highlights the growing global interest in space technology and the increasing number of countries investing in this sector.
Another company, Arkisys from the U.S., is focused on developing reusable port modules that enable business cases in space. This indicates the potential for commercialization and economic opportunities in space exploration.
CarbonLaces, a U.K.-based company, offers a software analytics platform for climate and carbon emissions tracking. This aligns with the current global emphasis on sustainability and environmental consciousness.
Four Resolutions, also from the U.S., provides third-party calibration services for geospatial data. This highlights the importance of accurate and reliable data in various applications, including mapping and navigation.
Frontier Space Technologies, a U.K.-based startup, specializes in developing miniaturized satellite laboratories. This reflects the trend towards miniaturization and increased capabilities of satellites.
SaferPlaces from Italy offers flood risk assessment using a “digital twin” platform. This showcases the potential of digital technologies in addressing real-world challenges in areas such as disaster management.
Spaceflux, another U.K.-based company, focuses on providing space traffic management solutions. As the number of satellites in orbit increases, the need for effective traffic management becomes crucial to avoid collisions and ensure the sustainability of space activities.
Viridian Space from the U.S. is a propulsion developer for satellites operating in Very Low Earth Orbit (VLEO). This highlights the significance of propulsion technology in enabling various space missions and applications.
In addition to these companies, there is a U.S.-based stealth company that provides cybersecurity for satellite networks. This emphasizes the importance of securing space infrastructure and preventing potential threats.
Seraphim Space’s accelerator program has a track record of success, with 85% of participating startups raising investment within 12 months. Notable alumni include Xona Space Systems, which recently closed a $19 million Series A funding round. This demonstrates the program’s effectiveness in preparing startups for investment and supporting their growth.
To further support space tech startups, Seraphim recently launched its second venture fund, Seraphim Space Ventures II. This 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. This highlights the growing interest and involvement of established players in the industry in supporting and fostering innovation.
Overall, Seraphim Space’s accelerator program and venture fund play a crucial role in nurturing and supporting space tech startups. By providing mentorship, networking opportunities, and funding, they contribute to the growth and development of the space industry while addressing various challenges and opportunities in this rapidly evolving sector.