TAMPA, Fla. — Startups specializing in healthcare, propulsion, and tackling climate change are among 10 space-based businesses taking part in Seraphim Space’s latest accelerator program, the British investment firm announced Oct. 17.
The three-month program connects young space companies with mentors and potential investors as they seek the funds they need to get off the ground.
Seraphim, which runs the bi-annual accelerator with its U.S. arm Generation Space, said 91 startups have collectively raised more than $320 million after participating in the program since its launch in 2018.
Around 86% of companies raise capital within 12 months of participating in the accelerator, according to Seraphim, averaging around $4 million.
Nairobi-based Amini announced it had raised $2 million for a climate data-focused satellite constellation while taking part in the previous accelerator that ended in June.
The companies 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 |
Four Point | Geospatial data firm focused on opencast mines. | Poland |
SkyFi | Earth observation 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 |
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