TAMPA, Fla. — Seraphim Space announced the startups joining the 15th round of its networking and mentoring accelerator program May 19, reflecting the rising convergence of commercial innovation and national defense priorities.The 10 startups span five countries, including the first Seraphim has backed from Mongolia, aiming to support services ranging from defense communications to artificial intelligence-powered surveillance.NameDescriptionLocationAerlinDeveloping antennas for consumer cars United StatesEcosmicSpace traffic management providerItalyEthereal Exploration GuildDesigning a fully reusable medium-lift launch vehicleIndiaLambdaVisionManufacturing artificial retinas in microgravityUnited StatesLyrasenseGeospatial intelligence providerGermanyONDO SpaceBuilding out SOS satellite ecosystemMongoliaPan GalacticDeveloping operating systems for spaceUnited KingdomPlanetary UtilitiesRunning a marketplace for space servicesUnited StatesRavee OpticsLaser communications venture for satellitesUnited StatesVortx AI PrivateDesigning tools to improve satellite-enabled AI systemsIndiaU.K.-based Seraphim, which runs the biannual accelerator with U.S. arm Generation Space, said alumni have raised $695.3 million in private funding since the three-month program launched in 2018 to help startups become investment-ready.Private investment in space- startups reached $2.1 billion in the first quarter of 2025 alone, according to Seraphim, a 17% increase over the previous quarter.
Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,…
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