25 February 2026 year, the British company Seraphim Space announced, which has completed fundraising for its second early-stage private venture fund, exceeding the target
in 100 million dollars to support young space technology startups. The company declined to disclose the final size of the fund, but reported, that among the new investors is the Saudi satellite operator Arabsat, as well as the government-backed British Business Bank and the National Security Strategic Investment Fund. They joined existing strategic partners, among which Eutelsat, SKY Perfect JSAT and Japanese technology company NEC.
According to Seraphim, to date the company has supported 149 companies in 33 countries, and portfolio investments in total attracted more than 13,6 billions of dollars. Currently, the firm manages assets worth more than 550 million dollars in their private and public funds. CEO Mark Boggett said, that notable investment trends include dual-use technologies, aimed at strengthening stability and operational security, on-orbit logistics and application of satellite data using advances in artificial intelligence.
Early funds were heavily focused on core space infrastructure and companies, hardware oriented, which reflected, where innovation was then. As the sector matured, the focus shifted to companies, software and data oriented, especially those, that apply artificial intelligence and machine learning to data, received from satellites, and companies, which build a digital infrastructure layer in the sky. Boggett added, that the firm also increased its exposure to dual-purpose commercial/government technologies with defense, security and national aspects of sustainability, reflecting the growing emphasis on sovereignty and space as critical infrastructure.
Source: https://spacenews.com