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Thursday, September 19, 2024

Seraphim’s newest house accelerator welcomes 9 firms


U.Ok.-based Seraphim Area is spinning up its thirteenth accelerator program, with 9 taking part firms engaged on a variety of tech from propulsion to in-space manufacturing and house situational consciousness.

The extraordinary 12-week program is designed to get seed and Collection A firms “funding prepared,” the agency says, by offering specialist mentorship, networking alternatives and intensive workshops and pitch coaching classes. Seraphim’s bi-annual accelerator was the primary devoted to house tech within the U.Ok. 

The brand new cohort consists of firms from the U.Ok., the U.S., Italy and India. They’re:

  • AADYAH Aerospace (India), subsystems for launch autos and satellites 
  • Arkisys (U.S.), reusable port module developer to allow enterprise instances in house
  • CarbonLaces (U.Ok.), software program analytics platform for local weather and carbon emissions monitoring
  • 4 Resolutions (U.S.), third-party calibration companies for geospatial knowledge 
  • Frontier Area Applied sciences (U.Ok.), miniaturized satellite tv for pc laboratory developer
  • SaferPlaces (Italy), flood danger evaluation with a “digital twin” platform 
  • Spaceflux (U.Ok.), house site visitors administration answer supplier 
  • Viridian Area (U.S.), propulsion developer for satellites working in Very Low Earth Orbit

There’s additionally a U.S.-based stealth firm that gives cybersecurity for satellite tv for pc networks. 

Since 2018, 95 startups have gone by means of Seraphim’s accelerator and 85% of these raised funding inside 12 months, based on the agency. Notable alums embody Xona Area Programs, which not too long ago closed a $19 million Collection A, in addition to Virtus Solis and Orbital Composites

Seraphim additionally not too long ago launched its subsequent enterprise fund, Seraphim Area Ventures II, which can concentrate on seed and Collection A investments. That fund, which has the purpose of constructing out a worldwide portfolio of 30 startups, is backed by main restricted companions within the house business together with Airbus, Inmarsat and SES. 

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