Seraphim Space has launched its second VC fund with nine investments already made. The fund aims to build a portfolio of 30 startups in the space tech industry. The space market is projected to be worth $1.8 trillion by 2035. Seraphim Space's first fund saw three times the original investment in returns. The public market has affected the performance of the firm's portfolio companies. The focus of the new fund's investments includes AI, in-orbit computing, space-enabled communications, and microgravity for science.
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