BDLI - 15th NSBreakfast

Markus Payer

Seraphim arm eyes London listing, Sky News reports

The Venture Capital fund Seraphim prepares a flotation at the London Stock Exchange, Sky News reported. The “world's first dedicated space VC fund” is working with banks on plans for a London flotation”, Sky News said. An arm of Seraphim Capital is working with bankers on plans for a public share sale that could raise in the region of £250m, the news channel said.

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TPG’s Rise Fund invests $100 million in weather platform Climavision

The weather platform Climavision raised $100 million from TPG’s The Rise Fund, the fund announced. The San Francisco-based Rise Fund announced a $100 million strategic investment in Climavision, a pioneering weather services and intelligence platform powered by a private network of high-resolution radars, GPS-RO data, and proprietary software.

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LeoLabs raises $65 million for its LEO data services

LeoLabs

The Californian startup LeoLabs has closed a $65 million Series B financing round, led by Insight Partners and existing investor Velvet Sea Ventures. With this round, LeoLabs has raised over $100 million in total capital, the company said. LeoLabs provides commercial low Earth orbit (LEO) mapping and Space Situational Awareness (SSA) services.

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China’s CAS Space to develop powerful solid propellant rocket

The Chinese rocket company CAS Space started to develop what it expects will be "the world's most powerful solid-propellant carrier rocket", the company's chairman told China Daily. Yang Yiqiang, a senior rocket scientist and founder of CAS Space, told China Daily that the rocket - ZK 2 - will be ready for its debut flight before the end of 2022.

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