Seraphim Space launches second fund for early-stage startups

UK Tech News— Investment group Seraphim Space has announced the first close of its second early-stage space tech venture fund. The Seraphim Space Venture Fund II (SSV II) will back early-stage space tech startups from seed to Series A round. A Seraphim spokesperson declined to comment on the target size of the fund, but said it would be […]

ETtech.com—startup funding: ETtech Deals Digest: Startup funding falls 30% on year to $73 million this week. Startup funding in the penultimate week of April 2024 declined by nearly 27.9% from the same period a year ago, totalling $74 million across 14 deals. However, deal density in the latest week improved to $5.3 million per deal, as per Tracxn data. From April 6 to April 12, 2023, startups had raised about $2.4 million per deal. Funding was down sequentially as well, from $103 million across 15 funding rounds in the previous week. Of the total corpus raised this week, fundraises of...

TechCrunch—The 'valley of death' for climate lies between early-stage funding and scaling up. It's easier for climate companies to get enough funding to get started. It's much harder once they need money to scale. © 2024 TechCrunch. All rights reserved. For personal use only.

TechCrunch—Good news for Rubrik, bad news for TikTok and medium news for early-stage startups. Rubrik’s strong IPO pricing and warm reception by the public markets after its listing add more weight to the perspective that the public markets are not as closed to tech startups as some thought. If Rubrik’s result isn’t enough to break the logjam, well, maybe there’s something else going on. But there was a lot more that […] © 2024 TechCrunch. All rights reserved. For personal use only.