Seraphim Space leads investing in Isotropic Systems

The space tech company raises $37m to develop multi-link antenna through to product launch in 2022.

London-based Isotropic Systems, a developer of broadband terminal technologies, has raised more than $37 million in an equity financing round. The round was led by Seraphim Space Investment Trust, a publicly listed space tech fund. The round also included participation from strategic and deep-tech venture investors, including AEI HorizonX, Promus Ventures through its Luxembourg based space investment fund Orbital Ventures, and Firmament Ventures.

Source: Company press release