Matthew Neville

£145m SpaceTech startup investor reaches for the stars with ‘space camp’ accelerator

Seraphim Space Camp, a London based VC-led accelerator for global startups in the SpaceTech industry, announces the startups taking part in Mission 9 today.

Seraphim Space Camp is an 11-week programme that supports SpaceTech companies from inception to IPO. The latest cohort from the team features seven new startups, all of which are looking to develop key relationships with some of the world’s leading space corporates and agencies, and get themselves investment ready.

Mission 9’s cohort includes companies specialising in areas such as smart glove technology for space suits, next-generation Orbital Transfer Vehicles, data-driven solutions to the growing space debris problem, and thermal management technology.

There is “strong UK representation” among this year’s cohort, demonstrating the country’s growing influence in the global space sector, with other Mission 9 companies originating from the US, Germany and Norway. It includes both first-time entrepreneurs and those who have previously sold businesses and are building their next venture.

The cohort members are:

  • Ntention: User centred interaction systems for the next generation of spacesuits (Norway)
  • Lunasa Space: Orbital Transfer Vehicles for the SmallSat industry (UK)
  • ODIN: On-orbit tracking for mission critical space debris monitoring and asset preservation (UK)
  • Smart IR: Advanced graphene materials for the next generation of satellite thermal management (UK)
  • AIRMO: Satellite constellation providing unique green-house gases (GHGs) emissions monitoring (Germany)
  • Cislunar Industries: Transforming space debris into a resource through in-space metal processing and recycling (US)
  • Deep Planet: Earth Observation analytics for sustainable, precision viticulture (UK)

To date, Seraphim Space Camp alumni have now created more than 220 jobs, with 92 percent securing funding beyond the programme.

Rob Desborough, managing partner at Seraphim Space and CEO of Space Camp, said: “The global space sector continues to evolve exponentially, as entire new industries develop and entrepreneurs seek to solve the most complex, emerging problems affecting our planet, using space-based technology.

“Our Mission 9 cohort stands as a testament to the tremendous growth of the market and the global appetite for space across the investment and corporate ecosystem. Over the last five years, we have helped 54 early-stage companies raise over $180m (approx. £145m) of investment and build fruitful connections with some of the major corporations in the industry.”

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