Seraphim Space accelerator announces Mission 14 cohort
Seraphim Space, also known as Generation Space in the United States, has unveiled the participants for its Mission 14 accelerator programme, aimed at nurturing early-stage startups within the global spacetech industry.
Since its inception in 2018, the accelerator has worked with over 100 companies across 30 countries, helping them secure more than $540 million in funding. Seraphim Space has remained committed to guiding spacetech ventures through their growth journey. Among its notable success stories is Xona Space Systems, a Mission 3 graduate that secured $19 million in Series A funding earlier this year, backed by new and returning investors, including Seraphim itself.
In 2024, the space industry has shown strong growth and resilience, with consistent investment rebounds. In Q2 2024 alone, $2.41billion was invested in the sector, bringing the total investment for the past twelve months to $8.5 billion. This quarter's growth was largely driven by deals ranging from Series A to Series C, reflecting growing investor confidence in spacetech’s early-stage ventures. Seraphim Space's unique position within the "New Space" ecosystem continues to attract startups from around the world, with this year’s cohort featuring companies from seven countries. Notably, firms from Saudi Arabia, Chile, and Turkey have joined for the first time, underlining SpaceTech’s expanding global footprint.
Mission 14’s cohort focuses on sectors like data analytics, earth observation, and advanced manufacturing. By harnessing insights from space, these startups are driving innovations that are expected to create significant benefits for life on Earth.
Seraphim Space has strengthened partnerships with key industry players, including Dentons, ESA, JSAT, NEC, NSIFF, Telespazio, Thales, the UK Space Agency, and KPMG. These collaborations have been essential in supporting the accelerator’s latest cohort. Acquora, one of the participating startups, earned its spot as a ‘#TeC Fellow’ after winning Telespazio’s Technology Contest.
- Acquora (#T-TeC Fellow) – (Chile) Acquora addresses the $1 trillion water management market while prioritizing sustainable access to this essential resource for all. By leveraging innovative technology, it optimizes distribution systems, allowing water utilities to reinvest increased revenues into infrastructure and conservation efforts.
- Artemis Earth Ltd – (UK) Artemis Earth delivers scalable biodiversity monitoring via satellite technology, enabling organisations to meet ESG goals, adhere to regulatory frameworks, and make informed, sustainable decisions.
- Constellation Technologies & Operations – (France) Constellation Technologies & Operations empowers telecom operators to deliver high-performance, affordable, sustainable internet services to their clients through a disruptive broadband constellation of telecommunications satellites.
- Flypix AI GmbH – (Germany) Flypix AI GmbH is a SaaS AI platform to understand the Earth from satellite and drone imagery.
- Forg3D – (UK) Forg3D is bringing metal manufacturing into the digital age with 3D printed forgings, changing industry on Earth, and beyond.
- ManufactureAI – (US) ManufactureAI develops generative AI tools to reduce the time and cost of scaling hardware production. Its platform integrates real-time data from factory floors, optimising manufacturing processes, with its flagship product Launchflow leading the way.
- Planetary Systems Corporation (dba Planetary Systems AI) - (US) PSAI builds AI, machine-learning applications, and digital twin technology to accelerate data flow, interoperability, and insight intelligence for decision-making in the space sector, optimising planetary support operations.
- ROVIAL SAS – (France) ROVIAL is pioneering AI-enabled robotics for orbital assembly, repair and service of space infrastructure. Their vision is to create hyper-powerful satellites & autonomous Orbital Outposts that produce sustainable space power for diverse applications.
- SARsatX – (Saudi Arabia) SARsatX develops a vertically integrated constellation of SAR and optical satellites, powering a customisable Earth observation platform that delivers near-real-time insights tailored to diverse use cases.
- Spacelis – (Turkey) SPACELIS is developing ultra-lightweight flexible solar cell technologies to lead sustainable energy solutions for space exploration. With an innovative design and focus on specific power efficiency, SPACELIS is set to transform power systems for satellites, space missions, and terrestrial applications, driving environmental sustainability and deep-tech innovation.
- Tiami Networks – (US) Tiami Networks designs robust, 5G software-defined ground and space systems with Integrated Sensing and Communications (ISAC) capabilities, delivering secure, real-time data and communications for critical applications and high-security environments.
Alexander Holt, Managing Director, Seraphim Space Enterprise: “The Mission 14 cohort comes at an exciting time for global space innovation. Space investment has remained strong despite a challenging funding environment for the broader tech sector. In the last 12 months, over $8.5 billion has been invested into space-related startups, compared with $5.1 billion over the same period a year ago. Over the last six years, our accelerator alumni have secured investments of more than $540 million, and this new cohort will bring world-changing ideas to inception, helping shape the future of the space economy.”
Joe Cassidy, Seraphim Client Lead Partner, and Jonathon Gill, Global & UK Head of Industrial Manufacturing & Defence at KPMG: “The Seraphim Accelerator programme invests in pioneering entrepreneurial SpaceTech businesses to drive pace and focus in a sector that is a key strategic industrial and technological asset for the UK. We at KPMG are extremely proud of our deepening relationship with Seraphim and look forward to supporting pioneering businesses to scale up and shoot for the stars. Digital infrastructure in space supports human life on earth, from communication on smartphones, the transition to cashless societies, autonomous mobility, and smart cities. Space-led technology is disrupting every industry on the planet including defence, insurance, agriculture, financial services, pharmaceuticals, education, healthcare, and manufacturing to name a few. As well as presenting opportunities for advancement for humanity, space is also a highly congested and contested environment with nations competing with one another.“