Venture capital firm Seraphim Space has launched the Seraphim Academy, a program designed to support early-stage space startups. The initiative offers participants up to a year of operational guidance and an investment of $150,000 per company. The academy replaces the firm's previous accelerator program, which operated from 2018 to 2025.

The program provides mentorship, assistance with business models, and access to Seraphim’s network of investors and corporate partners. Seraphim aims to use the academy as a primary entry point for identifying new startups. Over the past decade, the firm has invested in more than 150 companies, including 11 unicorns and six businesses that completed IPOs.

Managing Director Alexander Holt stated that the firm maintains its core selection criteria, focusing on market potential, team experience, and technical viability. Seraphim evaluates whether a startup can scale effectively within a billion-dollar market. The academy is intended to prepare founders for long-term growth beyond initial funding rounds.

The space sector continues to see activity from various startups. For instance, Rendezvous Robotics recently secured $20 million in funding led by MaC Venture Capital and Toyota Ventures. The company is developing self-assembling satellite technology and plans an in-orbit demonstration for April 2028.

Other industry developments include MP Space, which recently launched its batteries on a SpaceX mission and holds orders to support over 500 spacecraft. Additionally, the startup Colare has secured up to $35 million from the US Department of Defense to conduct an in-orbit demonstration of its cryogenic-maneuvering vehicle, Astraeus.