Seraphim unveils the 10 startups in its twelfth space accelerator | Space

Seraphim Accelerator.jpeg

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

Jason Rainbow writes about satellite telecom, space finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a…

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