Seraphim

ICEYE leads a new era of sovereign intelligence from space with €1B funding round ICEYE has raised EUR 450 million (USD 520 million) in a primary Series F funding round led by General Atlantic, at a valuation of over EUR 10 billion (USD 12 billion), with a secondary placement, the total Series F funding round exceeds EUR 1 billion.

Seraphim portfolio company ICEYE has raised over €1 billion in Series F funding, reaching a valuation above €10 billion and becoming a decacorn The round was led by General Atlantic with global investors including Nokia and Qatar Investment Authority The company provides satellite-based intelligence used by governments and commercial customers The funding reflects growing demand for dual-use space capabilities that serve both security and civilian applications worldwide ICEYE has raised EUR...

Murata Manufacturing and Xona Space Systems Sign MOU to Leverage LEO Satellite Navigation Capabilities for Industrial Applications The companies will explore the potential to provide optimal products and solutions by combining Murata’s long-standing expertise in high-frequency and wireless communications, sensors, timing devices, and module design with Xona’s advanced LEO2-based positioning and timing synchronization technologies

Seraphim portfolio company ICEYE has received a €28.3 million continuation grant from Business Finland to extend its R&D programme. The funding supports development of SAR satellites, AI analytics and data fusion capabilities. It reflects rising European demand for space-based intelligence in defence, security and disaster response. The grant strengthens Finland’s tech sector and supports ICEYE’s rapid satellite production scale-up.

Seraphim portfolio company Voyager Technologies has agreed to acquire Astrobotic, a US firm specialising in lunar delivery, power and landers The deal supports NASA’s Artemis programme and ambitions for a sustained US presence on the Moon by 2028 The acquisition brings together Voyager’s lunar infrastructure strategy with Astrobotic’s landing and surface capabilities It enhances commercial capacity across the full lunar value chain, from reaching the surface to supporting long term habitation...

SpaceX launched the newest version of its Starship vehicle for the first time May 22, completing most of the test objectives planned for the suborbital flight.

Seraphim portfolio company Tomorrow.io has increased its Series F funding to $210m. Existing investors Pitango and Harel Insurance joined Stonecourt Capital and HarbourVest Partners in the extended round. The funding supports AI weather intelligence, DeepSky satellite deployment and global resilience infrastructure.

Seraphim portfolio company HawkEye 360 has entered into a $125 million revolving credit facility maturing in May 2031. The move supports long-term scaling across defence, intelligence and commercial markets. HawkEye 360 announced that it has entered into a $125 million revolving credit facility maturing in May 2031.

Seraphim portfolio company ICEYE [1] has secured a €300 million revolving credit facility from a seven bank syndicate to support guarantees, liquidity and continued business growth. Separately, ICEYE [2] has launched natural catastrophe monitoring solutions for the global financial services sector. The financing strengthens ICEYE’s balance sheet, while the new solution provides banks with satellite based data to manage climate-related risk.

SpaceX Reveals Financial Data Ahead of IPO This is the first peek we’re getting into the financials of the largest company in the space sector. SpaceX launches massive Starship V3 rocket on test flight Elon Musk's SpaceX has launched the largest and most powerful rocket in history after its highly anticipated test flight was delayed.