Seraphim Space

Last updated
Seraphim Space
Company type Private
Industry
Founded2016
FounderMark Boggett (Chief Executive Officer); James Bruegger (Chief Investment Officer); Rob Desborough (Partner)
Headquarters London, England, UK
Number of employees
11-50
Website https://seraphim.vc

Seraphim Space is a global investment firm specialising in space technology (SpaceTech). [1] Headquartered in London, the company operates across the innovation lifecycle, investing in enterprises from early-stage development through to initial public offering (IPO). [2] It manages multiple investment vehicles, including venture capital funds, a publicly listed investment trust, and an accelerator programme. [3]

Contents

History

Seraphim Space was founded in 2016 by Mark Boggett, James Bruegger, and Rob Desborough. [4] [3] [5] The founders established the firm to capitalise on opportunities in the emerging commercial space sector, focusing on supporting companies developing space-related technologies. [6] The firm’s objective was to create a specialist investment vehicle capable of identifying and scaling businesses operating at the intersection of space and commercial applications. [2]

Operations and investment activities

Seraphim Space Investment Trust

The Seraphim Space Investment Trust plc (SSIT) was listed on the London Stock Exchange in 2021. [7] [8] The trust provides public market investors with access to a diversified portfolio of growth-stage space technology companies. SSIT was seeded with holdings from Seraphim’s earlier private funds and continues to expand its portfolio through follow-on investments and new opportunities. [9] Its focus includes exposure to early and growth-stage private SpaceTech businesses operating in sectors such as defence and security, climate, communications, and sustainability. [10]

Seraphim Space Venture Funds

Seraphim Space launched its first venture capital fund in 2016, dedicated exclusively to space-related technologies. [6] In 2024, the firm introduced a second vehicle, Seraphim Space Ventures II, targeting seed and Series A investments. [11] [1] The funds aim to support companies as they transition from technical validation to commercial deployment, with Seraphim acting as both lead investor and strategic co-investor.

Seraphim Space Accelerator

The Seraphim Space Accelerator was established in 2017 as a global accelerator programme dedicated to space technology start-ups. Operating across three continents, it has supported more than 100 companies. The programme offers mentorship, technical guidance, and access to investors. Collectively, portfolio and alumni companies have raised several billion dollars. [12]

Investment Strategy and Portfolio

Since its inception, Seraphim Space has invested in over 140 space technology companies. [13] The firm’s investment strategy targets businesses in sectors such as defence and security, Earth observation, satellite communications, geospatial intelligence, orbital logistics, and climate monitoring. Some portfolio companies have completed public listings, including Voyager and Astroscale. Notable portfolio holdings across its private and listed funds include ICEYE, D-Orbit, ALL.SPACE, Voyager Technologies, LeoLabs, Pixxel, Spire Global, AST SpaceMobile, Skylo Technologies, and Xona Space Systems. [13] [14] [15]

Global Presence

Seraphim Space maintains offices across the United Kingdom, Europe, and the United States. [16] In the US, the firm operates under the brand Generation Space, headquartered in San Francisco. [17] [18]

References

  1. 1 2 Heim, Anna (2024-04-22). "Seraphim Space launches second VC fund with 9 investments already under its belt". TechCrunch. Retrieved 2025-11-12.
  2. 1 2 Carrick, Angharad (2021-06-11). "Space tech investor Seraphim announces plans for London IPO". City AM. Retrieved 2025-11-12.
  3. 1 2 "Space fund Seraphim in countdown to London stock market launch". Sky News. Retrieved 2025-11-12.
  4. "Client Challenge". www.ft.com. Retrieved 2025-11-12.
  5. "SERAPHIM SPACE MANAGER LLP people - Find and update company information - GOV.UK". find-and-update.company-information.service.gov.uk. Retrieved 2025-11-12.
  6. 1 2 Perez, Yessi Bello (2016-11-21). "UK-based VC Seraphim Capital launches £80m space tech investment fund". UKTN. Retrieved 2025-11-12.
  7. "Richard Branson Takes Stake in Pioneering Space-Investment Firm Seraphim". Bloomberg.com. Archived from the original on 2021-07-13. Retrieved 2025-11-12.
  8. "Billionaire Richard Branson buys stake in space tech fund Seraphim". Reuters. Archived from the original on 2022-10-10. Retrieved 2025-11-12.
  9. "UK space race investment 'is heating up'". BBC News. 2021-06-11. Retrieved 2025-11-12.
  10. "Seraphim Space launches ESG investment monitoring tool - ADS Advance". www.adsadvance.co.uk. Retrieved 2025-11-12.
  11. Media, Insider (2024-04-23). "First close for new Seraphim Space fund - Insider Media". Insider Media Ltd. Retrieved 2025-11-12.
  12. Alamalhodaei, Aria (2024-05-16). "Seraphim's latest space accelerator welcomes nine companies". TechCrunch. Retrieved 2025-11-12.
  13. 1 2 "Seraphim Space launches second spacetech fund". Tech.eu. 2024-04-23. Retrieved 2025-11-12.
  14. "MLQ.ai | AI for investors". mlq.ai. Retrieved 2025-11-12.
  15. Parsonson, Andrew (2024-09-27). "D-Orbit Extends Series C Funding Round, Raising 150M Euros". European Spaceflight. Retrieved 2025-11-12.
  16. Feldscher, Jacqueline (2025-09-26). "Seraphim Opens European Subsidiary in Berlin". Payload. Retrieved 2025-11-12.
  17. Wood, Anna. "Seraphim Space accelerator announces Mission 14 cohort". Startups Magazine. Retrieved 2025-11-12.
  18. "Generation Space launches startup accelerator in U.S." Reuters. Archived from the original on 2023-03-26. Retrieved 2025-11-12.