Manifest Space: The Capital Comeback with Seraphim Space CEO Mark Boggett 4/27/23
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 27 April 2023
⏱️ 21 minutes
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| 0:00.0 | Space is hard and investing in it is also hard as Central Banks raised interest rates |
| 0:06.5 | and capital evaporated private investment into the space sector plunged but the |
| 0:11.2 | worst may be over. |
| 0:12.5 | According to the Serafim Space Index, |
| 0:14.3 | in the first three months of this year, |
| 0:15.7 | total investment rebounded to $1.4 billion, |
| 0:19.1 | a 75% surge from the final quarter of 2022. |
| 0:23.0 | There's been a return to growth stage investing. |
| 0:27.0 | So this quarter saw a record number of B rounds, C rounds, D rounds, |
| 0:32.0 | E rounds, than any other quarter in the history of our publication. |
| 0:36.0 | So that suggests to me that there's been a pause during 2022 |
| 0:40.0 | as investors just took stock of what was going in on the market. |
| 0:44.0 | Mark Bogot is the CEO of Serafim Space, a leading venture capital fund |
| 0:48.0 | specializing in, well, space. |
| 0:50.0 | He's been investing in the sector through Serafim since 2016 and the firm's |
| 0:54.9 | portfolio includes companies that have appeared on this podcast like Leo Labs and |
| 0:59.1 | Hawkeye, plus many, many more. In this episode, Bogot joins me from the Space Symposium |
| 1:04.6 | in Colorado Springs to discuss the current investing landscape |
| 1:08.4 | and where he's making big bets on the future. |
| 1:11.9 | I'm Morgan Brennan and this is manifest space. |
| 1:17.0 | Mark Boggett of Sarah from space, Thank you so much for joining me today. |
| 1:24.0 | Thank you for inviting me. |
... |
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