- Newly launched space investment program supports $87m series C funding round for ICEYE
- Builds on OTB Ventures alliance with Draper Venture Network
AMSTERDAM, 22 September 2020 – OTB Ventures, a leading venture capital firm specialized in investments in technology companies originating in Central and Eastern Europe (CEE), today announces the launch of a dedicated investment vehicle to support Europe’s leading space technologies – OTB Space Program I – backed by the European Investment Fund and the European Commission through the InnovFin for Equity programme.(more…)
- 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.
DIDCOT, England (Satellite Applications Catapult) — The Satellite Applications Catapult has welcomed the launch of the £50m Seraphim Space Fund, describing it as a “game-changing boost to the UK space industry”.
The UK-based fund is the first of its size anywhere in the world, focusing on investing in early-stage technology companies emerging from the ‘new space’ revolution. It will invest in commercial applications in both software and hardware opportunities, as well as in technologies that have potential space applications such as artificial intelligence, robotics and nanomaterials.
PARIS (ESA PR) — The Seraphim Space Fund of venture capital, currently worth £50 million, is set to boost European small, medium and start-up companies developing space-based applications, services and technologies.
The fund offers a springboard for all space technology, emerging products, applications and associated services that have been developed with ESA’s help.
This includes software, hardware and integrated solutions for companies that use satellite data for a wide range of applications such as intelligent transport and smart cities, through to sectors including insurance, maritime, agriculture and oil and gas.