Supporting the Space sector with advice and investment
Newable has been supporting UK businesses for almost 40 years, through the provision of Money, Advice and Workspace. One such company we have been supporting for a number of years now is Seraphim Capital.
Newable has been supporting UK businesses for almost 40 years, through the provision of Money, Advice and Workspace. In 2020 alone, we supported over 43,000 business all at different stages of business development. In many cases, businesses will come to us at different stages of their business journey, whether they’re launching new products and need advice, or perhaps they’re investing in new equipment and need finance, or maybe they’re growing their teams and need flexible workspace. To better service our customers, we’re always looking for new, innovative ways to provide the support that our clients need to help them grow.
One such company we have been supporting for a number of years now is Seraphim Capital.
Seraphim Capital is now a global leader in Space Tech investment, who identify, support and grow early stage Space Tech companies across the full life cycle. Our relationship with Seraphim Capital first started in 2006 with initial seed funding and subsequently a substantial investment in their first fund. We then invested again in 2016 when they launched the Seraphim Space Fund and we saw great potential in their enthusiasm for the burgeoning Space sector. In 2021, we invested a further £1.4m in 2021 as part of the Seraphim Space Investment Trust IPO.
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Our support transcends beyond our investment. Newable CEO Chris Manson has sat on the Advisory Board since 2016, our Newable Events team curated and executed the Seraphim Space Fund launch event at the Science Museum. Our Ventures team collaborated in delivering the Space Tech Angels programme, which has been building up investor understanding and confidence in the space sector, and our International Trade teams are helping Seraphim to establish operations in the United States
Chris Manson, Newable CEO comments “The Seraphim Space Investment Trust IPO represents a full circle moment for Newable, and it’s a vote of confidence and the marking of a critical inflection point for investment in Space more broadly. We’re really looking forward to continuing to support the team at Seraphim throughout the next stages of their business development.”