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SWF Banner 2 June 2021

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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UNOOSA works with Philippines on peaceful use of space

The United Nations Office for Outer Space Affairs (UNOOSA) cooperates with the Philippines Space Agency on the peaceful use of outer space, the agency announced. UNOOSA said it signed a Memorandum of Understanding (MoU) with the Philippines Space Agency (PhilSA) to deliver joint capacity-building activities

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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

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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IIAS sends researcher Kellie Gerardi on Virgin into space

The International Institute for Astronautical Sciences (IIAS) will send its bioastronautics researcher Kellie Gerardi to space on a dedicated research mission with Virgin Galactic, the institute said. “The contract marks the world’s first industry-sponsored, human-tended research spaceflight on a commercial vehicle”.

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