Rob brings venture capital and spacetech experience as a general partner at Seraphim Space and Generation Space, alongside board roles at Xona Space Systems and QuadSAT. He also chairs the Seraphim Space Accelerator.
James brings investment and advisory experience across venture capital and corporate finance, currently serving as general partner and chief investment officer at Seraphim Space. He previously held roles at Deloitte and Burlington Consultants.
Michael brings investment and technology advocacy experience from Seraphim Capital and Google. He previously led Wearality Corporation as chief executive.
MO
Matt O'Connell
Managing Partner
Matt brings venture capital and executive experience from roles including Managing Partner at Seraphim Capital, Operating Partner at DCVC, and CEO of OneWeb.
The funding round forms part of a wider £20m financing package to accelerate the deployment of the HotSat constellation.
"With the invaluable new support from Adara Ventures, alongside the continued backing of our existing investor network, we’re accelerating our mission to deliver unparalleled thermal insights that empower industries and governments to take decisive climate action. The launch of HotSat-2 and HotSat-3 will bring us closer to a net-zero future by providing the data needed to address the most pressing environmental and energy challenges of our time."
The pre-series A round was led by Amadeus Capital Partners, Expeditions Fund, and IQ Capital.
"Large-scale, fault-tolerant quantum computing will bring about the technological revolution of our generation. We have built an exceptional team dedicated to the mission of building the quantum networking infrastructure necessary to make this a reality. We are grateful to the investors who share our vision for their support as we scale and commercialise our solution."
The round was led by Join Capital with participation from IQ Capital, Northern Gritstone, Seraphim, Episode 1 and Schauenburg Ventures to fund global growth and product development.
"Opteran has built the AI technology required to transform autonomous machines beyond today’s limited use in restricted scenarios to enable more widespread adoption,"
The oversubscribed seed round was led by Seraphim Capital and will finance the construction of the company's inaugural satellite.
"We believe that high resolution infrared satellite data holds enormous promise for positively impacting the world. A combination of poor resolution, high cost and infrequency of data capture has held back the application of this high impact dataset for decades. We’ve backed Satellite Vu because it alone has the technology to address all these issues and make high resolution infrared the next major category of Space data."
The investment concludes the company's Series A round and was backed by Octopus Ventures and Seraphim Capital.
"We’ve been talking about the potential of drones to radically transform all sorts of industries for a long time now, as the number of applications is huge, but for it to be viable, we need a system that can manage drones and, eventually, other types of unmanned air traffic at scale."
