Seraphim Space Fund closes at $91M, invests in U.S., Finnish geospatial satellite companies

by Peter B. de Selding

PARIS — With satellite fleet operator SES joining its investor team, Seraphim Capital passed the $90-million mark for its Seraphim Space Fund and closed it with the announcement of two initial investments in Spire Global and Iceye Oy.

London-based Seraphim is no longer the outlier it appeared to be in 2015 when it first announced its intentions to use money from well-known space-industry players to finance startups whose technology ultimately would be useful to the industry’s established companies.

At the time, these included hardware builders . . .

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