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9 Startups Selected for Seraphim Space's 13th Accelerator Program

Seraphim Space has unveiled the nine early-stage companies joining its 13th accelerator program, a three-month course designed to equip startups with the networking and mentoring necessary to become investment-ready.

3 minute readUpdated 12:53 PM EDT, Thu May 16, 2024

Seraphim Space has unveiled the nine early-stage companies joining its 13th accelerator program, a three-month course designed to equip startups with the networking and mentoring necessary to become investment-ready.

These companies, hailing from the United Kingdom, United States, Italy, and India, are advancing innovations across various sectors, including propulsion, cybersecurity, space situational awareness, geospatial insights, and in-orbit biotechnology manufacturing.

The selected startups and their respective focus areas are as follows:

  1. AADYAH Aerospace: An Indian company developing satellite and launch subsystems.

  2. Arkysis: Based in the United States, Arkysis provides on-orbit robotic technology.

  3. CarbonLaces: A UK firm specializing in energy and climate analytics software.

  4. Four Resolutions: A geospatial calibration services provider from the United States.

  5. Frontier Space: A UK developer of modular space laboratories.

  6. SaferPlaces: An Italian specialist in flood intelligence.

  7. Spaceflux: A UK company offering space traffic management solutions.

  8. Unnamed company in stealth mode: This US-based firm is developing cybersecurity solutions for satellite networks.

  9. Viridian Space: A US provider of propulsion technology.

Seraphim, headquartered in the UK and operating its bi-annual accelerator in collaboration with its US arm Generation Space, has seen significant success with its previous 12 programs.

Around 95 ventures have collectively raised more than $345 million in investment after participating in our accelerator.

One notable success is Californian startup Xona Space Systems, which joined Seraphim’s third accelerator program in 2019 and recently secured $19 million in a Series A funding round to further its satellite-based navigation service.

The accelerator program boasts impressive outcomes, with approximately 85% of participating companies receiving investment within 12 months of completion. To date, 93% of these startups have secured funding, raising an average of $4 million each.

In addition to the mentoring and networking opportunities, Seraphim announced that some of the nine companies in the current cohort will be eligible to apply for a $100 million fund. This fund, aimed at early-stage ventures, was unveiled by Seraphim last month and provides an additional avenue for startups to secure the financial support needed to advance their technologies and businesses.

The Seraphim Space Accelerator continues to be a pivotal platform for nurturing innovation and facilitating investment in the space sector, providing early-stage companies with the essential tools and connections to thrive in a rapidly evolving industry.

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