- Parabolic Arc
- June 7, 2023
Former Virgin Group Senior Partner Joins Seraphim Space’s Investment Team
LONDON (Seraphim Space PR) — Seraphim Space Manager LLP, the manager of Seraphim Space Investment Trust plc, the world’s first listed Space Tech Fund, is delighted to announce that Patrick McCall, former Senior Partner of Virgin Group, will join the company.
Patrick joins Seraphim as a Venture Partner following a long and distinguished career in the space, communication and transport sector, He worked for two decades in the senior team driving the expansion of the Virgin Group and as the Chair of Virgin Orbit and Virgin Galactic. His achievements include financing the development of Virgin Galactic and Virgin Orbit, culminating in the flotations of both companies. He also played a key role in agreeing the launch agreement for Virgin Orbit from the Spaceport in Cornwall later this year.
During his career at Virgin, Patrick has been the Chair or Board Director of seven companies across various sectors that have gone on to become Unicorns. These include developing Virgin Active, Virgin Blue (now Australia) Virgin Money, Virgin Mobile USA, Virgin Trains, The Trainline and One Web.
In appointing Patrick, Seraphim is supercharging the support it will offer to its portfolio companies. Patrick will advise several of SSIT’s portfolio companies such as D-Orbit, which is focused on space sustainability and Satellite Vu, which is focused upon climate sustainability, through monitoring every building on the planet to measure carbon emissions.
As Venture Partner at Seraphim Patrick will work with the boards of several of the portfolio companies with the specific interest of driving their climate and sustainability applications.
Mark Boggett, CEO of Seraphim Space (Manager) LLP, said: “We are convinced that SpaceTech will address many of the biggest problems faced by our planet. We are delighted to welcome Patrick as Venture Partner, as one of the world’s leading SpaceTech pioneers, to use his considerable experience to help Seraphim portfolio companies execute their ambitious plans to address climate and sustainability issues.”
Patrick McCall, Venture Partner at Seraphim Space said: “I am delighted to join Seraphim Space at this exciting time for the industry. New technology and rapid innovation are driving significant progress in the sector and enabling new space companies to tackle some of the world’s most complex environmental and social challenges. As a leading investor in Space technology, Seraphim is ideally placed to develop this next generation with capital and expertise. I am looking forward to supporting this mission and building world class companies and solutions.”
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