Seraphim Space NAV boosted by new Xona fundraising

Growth capital trust Seraphim Space (LON:SSIT) has disclosed a ‘material’ net asset value (NAV) uplift driven by a new financing round for Xona Space Systems. The California-based start-up has become the investment trust’s second largest holding as a result. The SpaceTech fund invested US$15 million in the funding round through its C share portfolio. Seraphim … Continue reading Seraphim Space NAV boosted by new Xona fundraising