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Financial Times feature on Space related SPACs

The FT coverage picked up on some key observations from the Seraphim Space Index for the year to 31st March 2021 released today. 

11 space-related companies have announced their SPAC mergers. Collectively, these companies are set to attract more than $7bn of equity funding as and when they complete their planned SPAC mergers.

In the context of 2020 having seen a total of $7.7bn of private capital invested across the entire SpaceTech industry, the newly developed appetite by public market investors for space companies represents a major paradigm shift for the wider SpaceTech ecosystem.

The full index can be found via the link below:

https://seraphim.vc/wp-content/uploads/2021/04/seraphimspace-q1-2021_v2-2.pdf

Total venture capital investment in the field increased by 95 per cent to $8.7bn in the 12 months to the end of March, according to the Seraphim SpaceTech index, a quarterly tracker of private funding deals in the sector