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Space tech fund seraphim welcomes richard branson as a stakeholder

Shortpedia

Content Team
Image Credit: REUTERS

According to London-based Seraphim Space Investment Trust, British billionaire Richard Branson has purchased a share in the space tech fund Seraphim Space Investment Trust (IPO-SERA.L) as part of a 178 million-pound ($246.99 million) initial public offering. Seraphim did not reveal the actual value of such stakes. Branson bought stock in Seraphim, a London-based company, in a deal that ended on Friday, according to Bloomberg.