Tag: Seraphim Capital

Spire Global Raises $40 Million

News 0

SAN FRANCISCO, Sept. 25, 2019 (Spire Global PR) — Spire Global, the world’s largest earth observation constellation of satellites for advanced weather data, maritime analytics, and aircraft tracking, today announced over $40m in new funding from strategic partners including ITOCHU, Mitsui, and Scottish Investment Bank and financial investors led by the GPO Fund, Perennial Value Management Limited, and Bessemer Ventures. Existing investors RRE Capital, Expon Capital, Seraphim Capital and Qualcomm Ventures also participated, among others.

‘We are thrilled by the affirmation of these strategic relationships and how this capital infusion affords Spire continued validation from the strength of our respected financial investors. While we increasingly continue to fund our organic growth from revenue, this investment allows the company to also execute on its substantial path of international advancement,” said Spire CEO Peter Platzer. 

(more…)

SES Invests in Seraphim Space Fund

News 0

LUXEMBOURG (SES PR) – SES announced today that it is investing in the Seraphim Space Fund in order to support innovation in the satellite industry and to encourage Research and Development (R&D) efforts across the markets served by satellite. The world-leading satellite operator will also participate in the fund’s Advisory Board.

Seraphim Space Fund is a new venture capital fund launched by Seraphim Capital. Its primary focus is to invest in projects that are commercialising data about the Earth, collected by either satellite or Remotely Piloted Aircraft Systems (RPAS). Seraphim also invests in the broader technology ecosystem which supports the satellite and RPAS infrastructures and applications across a broad range of vertical markets, including construction, logistics, agriculture, finance, with a key focus on the insurance market – using insights from airborne data to evaluate risk, monitor assets and assess claims.

“SES is focused on providing reliable and secure satellite solutions to customers in our Video and Networks market segments. By investing in the Seraphim Space Fund, we will be working with other leading industry partners to push beyond the capabilities of satellites. We look forward to identifying innovative developments along the value chains and key markets,” said Christophe De Hauwer, Chief Strategy & Development Officer at SES.

SES is renowned for its leading role in technological and business innovation in the satellite industry, and actively promotes innovation through various initiatives.











Seraphim Space Tech Venture Capital Fund Reaches $95 Million Close

News 0
  • The world’s only dedicated space tech Venture Capital fund reaches £70m close
  • Europe’s leading space companies collectively supporting pioneering new fund
  • Former Google Earth CTO Michael Jones joins Seraphim as Managing Partner
  • Completed first 2 investments in leading nanosat constellations – Spire & Iceye

LONDON (Seraphim Capital PR) — A new revolution in Earth Observation is underway driven by low cost satellites and drones/UAVs enabling data that will be defining our changing world over the next decade. A new venture fund launched by Seraphim Capital has been established to capitalize on this opportunity.

(more…)