{"id":4935,"date":"2026-04-27T20:26:22","date_gmt":"2026-04-27T20:26:22","guid":{"rendered":"https:\/\/stock999.top\/?p=4935"},"modified":"2026-04-27T20:26:22","modified_gmt":"2026-04-27T20:26:22","slug":"whitehorns-seraphim-space-raising-350m-daily-business","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=4935","title":{"rendered":"Whitehorn&#8217;s Seraphim Space raising \u00a3350m \u2013 Daily Business"},"content":{"rendered":"<p>            <\/p>\n<p>Will Whitehorn chairs the trust<\/p>\n<p class=\"has-medium-font-size\">Seraphim Space Investment Trust, chaired by Edinburgh businessman and academic Will Whitehorn, has launched plans to raise up to \u00a3350 million in new shares to back opportunities in the sector. <\/p>\n<p class=\"has-medium-font-size\">The fund raising is through a placing and retail offer of new C shares at 100p per share, subject to shareholder approval at a general meeting on 6 May.<\/p>\n<p class=\"has-medium-font-size\">Seraphim Space describes itself as the world\u2019s leading SpaceTech investor, with around $550 million in assets under management. <\/p>\n<p class=\"has-medium-font-size\">Led by Mark Boggett, James Bruegger and Rob Desborough, it backs private, growth-stage companies across the space sector, from satellite navigation to Earth observation.<\/p>\n<p class=\"has-medium-font-size\">The trust\u2019s current portfolio holds 24 companies. The top ten have delivered average annual revenue growth of 79%, and more than 85% of the portfolio is expected to reach EBITDA profitability in 2026. Six holdings have achieved unicorn status since SSIT made its initial investments.<\/p>\n<p class=\"has-medium-font-size\">The trust\u2019s shares, down around 9% on Monday, were trading at 219.5p ahead of the raise, up from around 120p at the start of the year, a rise of almost 83%.<\/p>\n<p class=\"has-medium-font-size\">Mr Whitehorn is Chancellor Edinburgh Napier University and a former president of Virgin Atlantic. He also chairs the Edinburgh software company Craneware and the Scottish Event Campus.<\/p>\n<p>           \t            #Whitehorns #Seraphim #Space #raising #350m #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Will Whitehorn chairs the trust Seraphim Space Investment Trust, chaired by Edinburgh businessman and academic&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[10177,272,306,2466,10176,10173,2066,10175,10174],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/4935"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4935"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/4935\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}