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 Alliance Pharma plc, IXICO PLC, Benchmark Holdings PLC, Clinigen Group PLC and Shield Therapeutics PLC at our event, London , 24 January 2019. Register here »
View full SERP profile View Profile

Seraphim Capital Timeline

Article
January 06 2017

© Proactive Investors 2018

Proactive Investors 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