Seraphim Space eyes £350M raise after 278% returns — TFN

Seraphim Space eyes £350M raise after 278% returns — TFN


Seraphim House Funding Belief, also referred to as SSIT, plans to lift as much as £350 million by a C-share providing, the most important current fairness increase by a UK-listed funding belief.

SSIT’s share worth complete returns have been 278% over one yr, 411% over three years, and 88% since inception as of 10 April 2026. The share worth elevated from about 120p on the finish of December to round 220p, marking a 120% achieve since launch.

Since 2016, Seraphim House has supported greater than 100 SpaceTech corporations by its accelerator, backing 45 corporations for its fund purchasers and producing 9 unicorns, 5 IPOs, and one commerce sale.

As TFN reported in February, Seraphim’s venture fund recently surpassed its $100 million goal and now manages over $550 million throughout each personal and public investments. The fund is supported by the British Business Bank, the Nationwide Safety Strategic Funding Fund, and Arabsat.

SSIT’s prime 10 holdings have a median annual income development price of 79% and a gross MOIC of two.3x. Greater than 85% of the portfolio is anticipated to achieve EBITDA profitability in 2026.

A number of corporations are near strategic exits, IPOs, or secondary offers, together with a deliberate HawkEye 360 IPO and ICEYE, which is valued at €2.4 billion.

The funds might be utilized in 3 ways: to help present portfolio leaders who’re near exiting, to put money into the subsequent group of class leaders from the Seraphim accelerator, and to pursue new development alternatives the place Seraphim’s deal movement and insights supply an edge over generalist traders.





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