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.
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