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Seraphim confirms successful funding round for portfolio company

Seraphim confirms successful funding round for portfolio company

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Seraphim Space Investment Trust PLC (LSE:SSIT) portfolio company Satellite Vu has successfully closed the second round of its Series A funding, bringing its total investment to £20mln. Recent investors in the company, which was founded in 2016 to bring satellite technology to monitor the temperature of any building in real-time, included Americans Lockheed Martin (NYSE:LMT) and In-Q-Tel, and is the company’s third successful fundraise in the last ten months.

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