TAMPA, Fla. — Seraphim Space announced May 15 the startups joining its 13th accelerator program, a three-month course designed to provide the networking and mentoring support they need to be investment-ready.
The nine early-stage companies from the United Kingdom, United States, Italy and India are developing businesses across propulsion, cybersecurity, space situational awareness, geospatial insights and in-orbit biotechnology manufacturing.
Name Description Location AADYAH Aerospace Satellite and launch subsystems developer India Arkysis On-orbit robotic technology provider United States CarbonLaces Energy and climate analytics software firm United Kingdom Four Resolutions Geospatial calibration services provider United States Frontier Space Modular space laboratory developer United Kingdom SaferPlaces Flood intelligence specialist Italy Spaceflux Space traffic management solutions provider United Kingdom Unnamed company in stealth mode Developing cybersecurity solutions for satellite networks United States Viridian Space Propulsion technology provider United Space
U.K.-based Seraphim, which runs the bi-annual accelerator with its U.S. arm Generation Space, said around 95 ventures have collectively raised more than $345 million in investment after participating in one of its previous 12 programs.
Californian startup Xona Space Systems, which is developing a satellite-based navigation service and joined Seraphim’s third accelerator program in 2019, announced earlier this month it has raised $19 million in a Series A funding round.
Roughly 85% of companies get an investment within 12 months of completing the accelerator and 93% of them have secured funding to date, according to Seraphim, raising $4 million on average.
Seraphim said some of the nine companies in its latest accelerator will also be able to apply for a $100 million fund the early-stage investor announced last month after completing the program.
This article was updated May 16 with the correct length of Seraphim’s accelerator program
