TAMPA, Fla. — Startups specializing in healthcare, propulsion, and tackling climate change are amongst 10 space-based businesses participating in Seraphim Space’s latest accelerator program, the British investment firm announced Oct. 17.
The three-month program connects young space firms with mentors and potential investors as they seek the funds they should get off the bottom.
Seraphim, which runs the bi-annual accelerator with its U.S. arm Generation Space, said 91 startups have collectively raised greater than $320 million after participating in this system since its launch in 2018.
Around 86% of firms raise capital inside 12 months of participating within the accelerator, in response to Seraphim, averaging around $4 million.
Nairobi-based Amini announced it had raised $2 million for a climate data-focused satellite constellation while participating within the previous accelerator that led to June.
The businesses participating in Seraphim’s twelfth accelerator, which ends in November, are:
Name | Description | Location |
Applied Atomics | Water-based propulsion developer. | United Kingdom |
Aquascope | Freshwater intelligence provider. | United Kingdom |
BioOrbit | Developing a space-based pharmaceuticals factory. | United Kingdom |
Optimal Cities | Urban planning digital platform provider. | United Kingdom |
4 Point | Geospatial data firm focused on opencast mines. | Poland |
SkyFi | Earth remark data provider. | United States |
FreeFall Aerospace | Antenna technology developer. | United States |
Astrogate Labs | Designing a laser communication system for small satellites. | India |
Kumi Analytics | Project management platform provider for carbon offsetting. | Singapore |
Transitry | Developing an AI and blockchain platform for validating climate impact claims. | Singapore |