Sign up UNITED KINGDOM
Proactive Investors - Run By Investors For Investors

Seraphim Capital hails considerable interest in pioneering space tech fund

Mark Boggett, managing director of Seraphim Capital, spoke to Proactive about their space-sector venture capital fund.

It’s the first fund of its size anywhere in the world focusing on investing in early-stage technology companies emerging from the ‘new space’ revolution.

Boggett says: ''We reached our first close in November. This is an unquoted fund, backed by the British Business Bank and that provides a leveraged structure for other private investors that come into the fund''.

''We're looking to do a second close at the end of April where we're targeting £80mln of which we already have £20mln towards that figure.''

''We've created a fund and we've created an ecosystem to invest in the most exciting businesses in the space technology market'', Boggett adds.

 
Meet Avation PLC, Ariana Resources plc, Tharisa, Range Resources and Netscientific PLC at our event, London, 07 December 2017. Register here »


Register here to be notified of future Seraphim Capital articles
View full SERP profile View Profile

Seraphim Capital Timeline

Article
January 06 2017

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

© Proactive Investors 2017

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use