Constellations, Launch, New Space and more…
TAG
“James Bruegger”
ICEYE Raises USD 136 Million in Series D Funding Round

HELSINKI, Finland, February 3, 2022 (ICEYE PR) – ICEYE, a world-leading SAR data provider and expert in NatCat solutions, today announced the closing of a $136M Series D funding round, led by long-standing investor Seraphim Space. New strategic investors to ICEYE also include BAE Systems and Kajima Ventures. In addition, Molten Ventures, OTB Ventures, True Ventures, C16 Ventures, Chione Ltd, Services Group of America, the UK’s National Security Strategic Investment Fund (NSSIF), Space Capital and Promus Ventures have also participated in the funding round. Morgan Stanley & Co. LLC served as placement agent for the transaction.

With this latest funding round, ICEYE has raised a total of $304M in financing since 2015. ICEYE owns and operates the world’s largest constellation of SAR satellites and the company has successfully launched 16 satellite missions in total since its first-ever spacecraft was placed into orbit only four years ago.

(more…)
  • Parabolic Arc
  • February 3, 2022
Seraphim Investors in D-Orbit SPAC Announcement

LONDON (Seraphim Space Investment Trust PR) — Seraphim Space Investment Trust plc (LSE: SSIT), the world’s first listed fund focused on Space Tech, is announcing today that its portfolio company D-Orbit S.p.A. (“D-Orbit”), an Italy-based and market leading space logistics and transportation company will, subject to a number of outstanding conditions, become publicly listed through a business combination with Breeze Holdings Acquisition Corp. (NASDAQ: BREZ), a publicly traded special purpose acquisition company (the “Proposed Transaction”).

Following the close of the Proposed Transaction, which is expected to occur in the second or third quarter of 2022, the combined entity would be listed on Nasdaq Capital Market under the ticker symbol “DOBT” and would imply a post money Enterprise Value of approximately $1.28 billion.

(more…)
  • Parabolic Arc
  • January 28, 2022
Isotropic Systems Secures Over $37 Million in Additional Series B Funding to Develop Unique Multi-link antenna Through to Product Launch in 2022
  • Isotropic Systems completes a new industry and VC-backed funding round, led by the world’s first listed space tech fund, Seraphim Space Investment Trust PLC
  • This latest funding round takes the total capital secured from investor and customer support to over $100 million
  • Strong strategic investor support from existing investors including AEI HorizonX, Promus Ventures through its Luxembourg based space investment fund Orbital Ventures, SES and UK Government
  • Secures production and commercialisation of Isotropic’s next-gen ground antennas, designed to vastly improve connectivity across the satellite ecosystem

LONDON, 27th September, 2021 (Isotropic Systems PR) – Isotropic Systems, a leading developer of transformational broadband terminal technologies, announces that it has raised over $37 million in an equity financing round, which fully funds the development of its game-changing multi-link antennas through to product launch in 2022.

(more…)
  • Parabolic Arc
  • September 28, 2021
Space Sector on Track for Record-breaking Year of Funding
  • Around $6.4bn was invested into SpaceTech in the first half of 2021 – equivalent to 85 per cent of investment for the whole of 2020
  • The number of space deals this year is on track to eclipse the record set in 2018
  • Global private investment in Q2 2021 was at a record $3.7bn, up from $2.7bn invested in Q1 2021
  • The space industrial revolution is demonstrably in full swing as 573 satellites were launched during the quarter
  • Seraphim’s oversubscribed Initial Public Offering provides investors with a new way to get involved in the SpaceTech market which is set for substantial growth

LONDON, August 11, 2021 (Seraphim Capital PR) — The SpaceTech sector experienced another record-breaking quarter of venture financing in Q2 2021, both in terms of amounts invested and deals done, according to the latest figures from the Seraphim SpaceTech Venture Capital Index (“the Index”) published today. 

(more…)
  • Parabolic Arc
  • August 13, 2021