The satellite operator has joined limited partners including Airbus and Telespazio, supplying an undisclosed amount for Seraphim Capital's space-focused VC fund.

Communications satellite operator SES provided an undisclosed amount of capital today for UK-based, space-focused venture capital fund Seraphim Capital.

The financing will go to Seraphim Space Fund, which was formed to develop an ecosystem around space technologies.

Seraphim Space Fund had reached a £50m ($66m) first close in November 2016, £30m of the funding coming from the government-owned British Business Bank. A second close of £80m was expected to take by April, but Seraphim Space Fund has provided no further…