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London-based venture capital fund manager Seraphim Capital has raised £70 million (€79 million) for its Space Fund.
The company's primary focus is to invest in projects that commercialise data above the earth, collected either by satellite or drone.
The fund is backed by "a broad range of leading space and data analytics" companies, Seraphim said in a statement.
Among them is Luxembourg-based satellite operator SES, which has 62 satellites in earth orbit.
"We've invested in the Seraphim Space Fund and joined the advisory board to enhance our capability to identify and engage with innovative developments along our existing value chains, as well as with opportunities adjacent to our core markets," Christophe De Hauwer, SES's chief strategy and development officer, said.
Other investors in fund include Airbus, Mumbai-based Rolta, California's Teledyne and Rome-headquartered Telespazio.
Learn more / En savoir plus / Mehr erfahren:
http://www.scoop.it/t/luxembourg-europe/?&tag=Space
http://www.scoop.it/t/luxembourg-europe/?&tag=SES
London-based venture capital fund manager Seraphim Capital has raised £70 million (€79 million) for its Space Fund.
The company's primary focus is to invest in projects that commercialise data above the earth, collected either by satellite or drone.
The fund is backed by "a broad range of leading space and data analytics" companies, Seraphim said in a statement.
Among them is Luxembourg-based satellite operator SES, which has 62 satellites in earth orbit.
"We've invested in the Seraphim Space Fund and joined the advisory board to enhance our capability to identify and engage with innovative developments along our existing value chains, as well as with opportunities adjacent to our core markets," Christophe De Hauwer, SES's chief strategy and development officer, said.
Other investors in fund include Airbus, Mumbai-based Rolta, California's Teledyne and Rome-headquartered Telespazio.
Learn more / En savoir plus / Mehr erfahren:
http://www.scoop.it/t/luxembourg-europe/?&tag=Space
http://www.scoop.it/t/luxembourg-europe/?&tag=SES