Fino Mornasco, Italy (D-Orbit PR) — D-Orbit, an Italian systems and services provider for the Traditional and New Space sectors, has announced a new funding round led by Seraphim Capital, the world’s largest venture capital fund dedicated to investing in NewSpace companies.
The round also marks the entrance of Noosphere Ventures, D-Orbit’s first American investor. The Silicon Valley-based asset management firm specializes in transforming high-potential companies into market leaders, with a particular focus on the space market. (more…)
SAN FRANCISCO, Sept. 25, 2019 (Spire Global PR) — Spire Global, the world’s largest earth observation constellation of satellites for advanced weather data, maritime analytics, and aircraft tracking, today announced over $40m in new funding from strategic partners including ITOCHU, Mitsui, and Scottish Investment Bank and financial investors led by the GPO Fund, Perennial Value Management Limited, and Bessemer Ventures. Existing investors RRE Capital, Expon Capital, Seraphim Capital and Qualcomm Ventures also participated, among others.
‘We are thrilled by the affirmation of these strategic relationships and how this capital infusion affords Spire continued validation from the strength of our respected financial investors. While we increasingly continue to fund our organic growth from revenue, this investment allows the company to also execute on its substantial path of international advancement,” said Spire CEO Peter Platzer. (more…)
- The world’s only dedicated space tech Venture Capital fund reaches £70m close
- Europe’s leading space companies collectively supporting pioneering new fund
- Former Google Earth CTO Michael Jones joins Seraphim as Managing Partner
- Completed first 2 investments in leading nanosat constellations – Spire & Iceye
LONDON (Seraphim Capital PR) — A new revolution in Earth Observation is underway driven by low cost satellites and drones/UAVs enabling data that will be defining our changing world over the next decade. A new venture fund launched by Seraphim Capital has been established to capitalize on this opportunity.