Seraphim Space
Seraphim Space is a UK-based SpaceTech-focused investment manager operating a vertically integrated platform spanning early-stage venture funds (SSV II), a London-listed growth-stage investment trust (SSIT), VC-led accelerators, and corporate advisory, serving space entrepreneurs from inception to exit.
- Company typePrivate
- Founded2016
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Seraphim Space does
Seraphim Space is the world's first dedicated SpaceTech investment manager, operating a vertically integrated platform that supports space entrepreneurship from inception to exit. Founded in 2016 in London by Mark Boggett, James Bruegger and Rob Desborough, the firm combines an early-stage venture capital fund (Seraphim Space Ventures II / SSV II, closed above $100m in February 2026 against an ~€84m target), a London Stock Exchange-listed growth-stage investment trust (Seraphim Space Investment Trust / SSIT, IPO'd July 2021, FTSE 250 included from 19 June 2026 at £483m market cap), VC-led accelerator programmes (Seraphim Space Accelerator launched 2018 and the US-based Generation Space Accelerator launched 2022), and a corporate and government advisory division (Seraphim Space Enterprise / SSE, led by Managing Director Alexander Holt). Group AUM stands at $550m+ to $630m+ across active vehicles, with SSIT alone managing a £337.5m NAV as of 31 December 2025 (up 20.1% in H1) and having raised an additional £137m through a C-Share issuance in May 2026 — the largest UK investment company funding round since 2023.
The firm's proprietary research infrastructure centres on the Seraphim Space Index, a quarterly dataset tracking global private SpaceTech investment since 2017, and an annual Ecosystem Map. These data products underpin investment decisions and have been cited by Financial Times, Bloomberg, Reuters, CNBC and Sky News. The platform has supported over 150 SpaceTech startups across 33 countries, produced 9 unicorns and 6 IPOs (including ICEYE, which reached decacorn status at a €10bn+ valuation in 2026), and syndicated more than $1bn in co-investment from over 300 venture investors through the accelerator. Strategic corporate LPs across fund vintages include Airbus, SES, Teledyne, Telespazio, SSTL, MDA, plus recent additions Arabsat, Eutelsat, NEC and SKY Perfect JSAT; UK government cornerstones in SSV II include the British Business Bank ($20m) and the National Security Strategic Investment Fund.
Seraphim generates revenue through three primary streams: management fees on AUM across SSV II and SSIT (asset-management-style recurring revenue), carried interest on successful exits (incentive fees), and fee-based advisory revenue through SSE (professional services). Distribution follows a dual-track approach — closed-end venture capital sold directly to sovereign, government and corporate LPs, and the publicly listed SSIT accessible via the LSE Main Market to institutional investors (following FTSE 250 inclusion) and UK retail investors (via the RetailBook platform with a £250 minimum subscription). The firm holds FCA authorisation in the UK, is a UN PRI signatory, and operates from London headquarters at King's Cross with regional offices in the United States (via Generation Space LLC) and Germany, serving founders from pre-seed to IPO across the full SpaceTech value chain including launch, satellite platforms, Earth observation, satellite connectivity/IoT, in-orbit logistics, space situational awareness, dual-use defence applications and emerging categories such as space-enabled biotech and quantum networking.
Seraphim Space firmographics
Firmographics- Name
- Seraphim Space
- Legal name
- Seraphim Space Manager LLP
- Website
- https://seraphim.vc
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Seraphim Space is a UK-based SpaceTech-focused investment manager operating a vertically integrated platform spanning early-stage venture funds (SSV II), a London-listed growth-stage investment trust (SSIT), VC-led accelerators, and corporate advisory, serving space entrepreneurs from inception to exit.
- Ownership category
- akta.pro rank
Seraphim Space industry classification
Industry- Product category
- Venture Capital and Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910), Guided Missile and Space Vehicle Manufacturing (336414)
- SIC
- Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
- akta.pro secondary industries
- Space Defense & Missile Warning (BPAIAHAF), Spacecraft & Satellites (Civil/Commercial) (IMABACAB)
Keywords
Where Seraphim Space is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices4 records
Markets served
Seraphim Space business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
Revenue model
- Asset Management / Management Fees: Recurring management fees on AUM across Seraphim Space Venture Fund II (SSV II) early-stage fund, Seraphim Space Investment Trust (SSIT) listed growth fund, and successor vehicles. AUM reported at $550m+ / $630m+ across active funds.
- Performance Fees / Carried Interest: Performance-based carried interest and incentive fees earned on successful exits across the venture portfolio (6 IPOs produced to date) and valuation gains in SSIT.
- Advisory and Insights (Seraphim Space Enterprise / SSE): Seraphim Space Enterprise (SSE), the global insights and acceleration division, advises corporates and governments on space strategies and runs the accelerator programme; generates fee-based advisory revenue.
- Investment Returns (Direct Capital Gains): Direct investment returns on balance-sheet and fund-level stakes in portfolio companies; investment trust structure captures NAV growth from underlying company revaluations and exits.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | SSIT Retail C Share Offer via RetailBook |
| Unit Pricing | Pay-as-you-go | SSIT Institutional Placing of C Shares |
Go-to-market motion4 records
Distribution channels6 records
Marketing channels10 records
Seraphim Space product offering
Product offeringCore offering
Seraphim Space operates an integrated SpaceTech investment platform that deploys capital across the full company lifecycle. It runs early-stage venture funds (Seraphim Space Ventures / SSV II), the world's first VC-led SpaceTech accelerator programme plus its US Generation Space sister accelerator, a London Stock Exchange-listed growth-stage investment trust (SSIT), and a corporate/government advisory division (Seraphim Space Enterprise). The platform also produces the quarterly Seraphim Space Index research tracker and the Generation Space podcast as part of its sector intelligence offering.
Product overview
Seraphim Space operates as a fully integrated investment platform offering a platform-plus-modules architecture covering the full SpaceTech innovation lifecycle from inception to exit. The platform consists of three core components: Seraphim Space Ventures II (SSVII), the early-stage venture capital fund backing Seed and Series A SpaceTech companies; the Seraphim Space Accelerator (along with US-based Generation Space Accelerator), the world's first and largest VC-led SpaceTech accelerator program; and the Seraphim Space Investment Trust (SSIT), the London Stock Exchange-listed growth-stage fund offering public market access to SpaceTech. Supporting these is Seraphim Space Enterprise (SSE), the global insights and acceleration division advising corporates and governments on space strategies, plus the Seraphim Space Index, the quarterly research report and interactive dashboard tracking global SpaceTech investment since 2017, and the Generation Space Podcast. The platform enables Seraphim to support SpaceTech entrepreneurs from pre-seed through to IPO, with the SSVII fund and Accelerator typically engaging startups between Technology Readiness Levels 5-9 and the SSIT holding growth-stage positions. Investors in the fund structure include strategic corporates such as Airbus, SES, Teledyne, Telespazio, SSTL, and MDA, plus the British Business Bank and NSSIF as government backers.
Differentiator
Problem solved
Functional benefit
Brands
- Generation Space: US-based accelerator and investment platform operated through Generation Space LLC; also the name of the firm's Generation Space podcast.
- Seraphim Space Accelerator
- Generation Space Accelerator
- Seraphim Space Ventures
Products and services
- Seraphim Space Investment Trust (SSIT)
- Seraphim Space Ventures II (SSV II)
- Seraphim Space Accelerator VC-led accelerator programme (launched 2018) dedicated to SpaceTech startups between TRL 5–9, partnering with the UK Space Agency and European Space Agency; has graduated 119 SpaceTech start-ups that have collectively raised over US$1bn in co-investment syndicated from more than 300 venture capital investors.
- Generation Space Accelerator US-based sister accelerator programme to the Seraphim Space Accelerator, launched 2022 through Generation Space LLC; co-founded by James Bruegger and Rob Desborough, and managed by Accelerator Manager Ellie Gyaurova to source and graduate North American SpaceTech startups for the venture funds.
- Seraphim Space Enterprise (SSE) Global insights and acceleration division of Seraphim Space, led by Managing Director Alexander Holt; advises corporates and governments on space strategies using Seraphim's proprietary SpaceTech data and accelerator alumni network; accelerator alumni have achieved over US$370m in investment via SSE support.
Quantifiable outcome
- £137 million raised through SSIT C-Share placing, retail offer and institutional subscription, completed in May 2026
- +6 more outcomes
Companies that use Seraphim Space
Customer profileSegments6 records
Ideal customer profiles6 records
Seraphim Space technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Seraphim Space partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered flagship.
- Global Space Advisory Council (with XPRIZE, OHB, Hummer Winblad Venture Partners, SPACETIDE, COSPAR)flagshipIndustry, policy and investment advisory council chaired by SES co-founder Candace Johnson; includes executives from XPRIZE, OHB, Hummer Winblad Venture Partners, SPACETIDE, and COSPAR to inform Seraphim's long-term strategy on space economy structural forces.
- AirbusflagshipBacker of Seraphim Space Funds and broader platform; cited as a leading space corporate supporting Seraphim's investment activities alongside SES, Teledyne, Telespazio, SSTL, and MDA.
- SESflagshipLeading space corporate backing Seraphim Space Funds and platform; satellite operator aligned with downstream connectivity and IoT investment focus.
- TeledyneflagshipLeading space corporate backing Seraphim Space Funds and platform.
- TelespazioflagshipLeading space corporate backing Seraphim Space Funds and platform.
- SSTL (Surrey Satellite Technology Ltd)flagshipLeading space corporate backing Seraphim Space Funds and platform.
- MDAflagshipLeading space corporate backing Seraphim Space Funds and platform.
- UK Space AgencyflagshipAccelerator partnership with the Seraphim Space Accelerator, supporting UK SpaceTech startup pipeline and ecosystem development.
- European Space Agency (ESA)flagshipAccelerator partnership with the Seraphim Space Accelerator, supporting European SpaceTech startup pipeline.
Scale indicators11 records
Recent moves4 records
Expansion highlights7 records
Seraphim Space competitors and assessment
Company assessmentDirect peers
- Space Capital: US-based venture capital firm exclusively focused on SpaceTech investing across seed, early and growth stages. Most directly comparable specialist competitor to Seraphim Space, with a similar thesis on the commercial space economy.
- Airbus Ventures: Venture capital arm of Airbus Group investing globally in early-stage SpaceTech, aerospace, and deep tech startups. Direct peer as a corporate-backed specialist SpaceTech VC with similar domain expertise and stage focus.
- Promus Ventures: Early-stage venture capital firm investing exclusively in SpaceTech startups including geospatial analytics, satellite communications, and space logistics. Direct peer as another SpaceTech specialist VC with similar seed-to-Series A focus.
Broad incumbents
- Lux Capital: US-based deep tech venture capital firm with significant SpaceTech portfolio investments (including Planet Labs and Hadrian). Comparable as a deep tech specialist with overlapping space investments though not exclusively SpaceTech-focused.
- DCVC (Deep Capital): Deep tech venture capital firm with notable SpaceTech investments including Capella Space and Planet; comparable as a deep tech specialist where Matt O'Connell (SSIT Investment Committee independent member) is an Operating Partner.
- Founders Fund: US-based venture capital firm with SpaceTech and frontier tech investments (including SpaceX). Comparable as a high-profile generalist VC with thematic SpaceTech exposure at growth stage.
Regional players
- OTB Ventures: European deep tech venture capital firm investing in space, AI, and autonomous technologies, primarily across Central and Eastern Europe. Comparable as a European-headquartered deep tech VC with adjacent SpaceTech thesis.
Emerging players
- Type One Ventures: SpaceTech-focused early-stage venture capital firm investing in frontier space and deep tech startups. Comparable as an emerging specialist SpaceTech VC with similar thesis but smaller AUM and earlier track record.
Others
- Ark Invest (ARKX): Thematic ETF provider offering ARK Space Exploration & Innovation ETF (ARKX) and other SpaceTech-adjacent products. Comparable as a publicly accessible thematic SpaceTech investment vehicle competing for similar investor capital though structured as passive ETFs rather than active management.
- Scottish Mortgage Investment Trust: UK-listed investment trust managed by Baillie Gifford with significant SpaceTech exposure (including SpaceX). Comparable as a UK-listed closed-end fund offering public market SpaceTech thematic exposure though diversified across broader growth equities.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat7 records
Key risks6 records
Key highlights7 records
Customer concentration
Seraphim Space social profiles
Digital presenceSeraphim Space compliance and trust
Trust signalCompliance2 records
Seraphim Space financial estimates
Financial estimateRevenue estimate
Valuation estimate
Seraphim Space leadership team
Management profileNumber of profiles
Profiles16 records
Seraphim Space subsidiaries and ownership
Company hierarchySubsidiaries2 records
Seraphim Space funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Seraphim Space M&A and investment
M&A and investmentM&A
Investments163 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Seraphim Space
What does Seraphim Space do?
Seraphim Space operates an integrated SpaceTech investment platform that deploys capital across the full company lifecycle. It runs early-stage venture funds (Seraphim Space Ventures / SSV II), the world's first VC-led SpaceTech accelerator programme plus its US Generation Space sister accelerator, a London Stock Exchange-listed growth-stage investment trust (SSIT), and a corporate/government advisory division (Seraphim Space Enterprise). The platform also produces the quarterly Seraphim Space Index research tracker and the Generation Space podcast as part of its sector intelligence offering.
Is Seraphim Space a public or private company?
Seraphim Space is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Seraphim Space founded?
Seraphim Space was founded in 2016. It employs 11 to 50 people.
Where is Seraphim Space based?
Seraphim Space is headquartered in London, United Kingdom, in the Europe region.
How does Seraphim Space make money?
Four revenue lines are on record. Asset Management / Management Fees are the primary driver. The others are performance Fees / Carried Interest, advisory and Insights (Seraphim Space Enterprise / SSE) and investment Returns (Direct Capital Gains).
Who are Seraphim Space's main competitors?
Direct peers on record are Space Capital, Airbus Ventures and Promus Ventures. Broad incumbents are Lux Capital, DCVC (Deep Capital) and Founders Fund. OTB Ventures is listed as a regional player. Type One Ventures is listed as an emerging player. Others are Ark Invest (ARKX) and Scottish Mortgage Investment Trust.
Does Seraphim Space have an API?
No public API is recorded for Seraphim Space.
What industry is Seraphim Space in?
Seraphim Space's product category is Venture Capital and Investment Management. Its primary akta.pro industry code is FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists), with a secondary code of BPAIAHAF, Space Defense & Missile Warning. Its NAICS code is 523940 and its SIC code is 6282.