Seraphim Space surges as ICEYE funding round implies fair value uplift
09/06/2026 09:19
BUZZ-Seraphim Space surges as ICEYE funding round implies fair value uplift ** Shares of British space technology investment company Seraphim Space Investment Trust SSIT.L up as much as 26% at 235 pence - top gainer on FTSE small-cap index .FTSC
** Co says portfolio company ICEYE's latest funding round implies an uplift of about £202 million in the fair value of its holding
** ICEYE is raising €450 million ($519.35 million) in a primary Series F financing round led by General Atlantic at a valuation of over €10 billion
** YTD, stock is up ~84%
($1 = 0.8665 euros)
(Reporting by Neeshita Beura in Bengaluru)
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