The venture capital fund has enlisted Airbus, Thales, Telespazio, Com Dev and Avanti for a fund that will target companies working on space technology.

UK-based venture capital fund Seraphim Capital has secured several corporate backers for an £80m ($125m) fund that will invest in space technology developers, the Financial Times reported on Saturday.

Limited partners in the Seraphim Space & Special Situations Fund so far include Airbus Space UK, a space technology subsidiary of aerospace company Airbus, as well as electronic systems producer Thales, satellite services provider Telespazio, space equipment manufacturer Com Dev and satellite operator Avanti.

In addition to supplying capital, the corporates…