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.
The companies participating in Seraphim’s twelfth accelerator, which ends in November, are:
|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|