About This Fund
Seraphim Space is launching its second VC fund, Seraphim Space Ventures II aimed at investing in space tech startups at the seed and Series A stages. The fund is expected to have a global portfolio of 30 startups with investments from major players in the aerospace sector.
The space tech market is growing rapidly and is projected to reach $1.8 trillion by 2035, attracting the interest of several funds specializing in the sector. Seraphim Space aims to differentiate itself with a strong track record, having returned three times the original investment from its first fund.
The fund's focus areas include AI applications in space data, in-orbit computing, space-enabled communications, and microgravity for scientific research. These investments are aimed at addressing key challenges related to climate change, agriculture, infrastructure, and biopharma.
While defense is not highlighted as a specific investment theme, Seraphim Space acknowledges its significance in the space tech industry and sees a bigger market opportunity in commercial applications across various sectors.