Frédéric Rombaut, former Managing Director of Cisco Investment International and founder of Qualcomm Ventures Europe, is joining Seraphim Capital , a London-based space tech venture capital firm, as a General Partner.
Rombaut is recognized as a thought leader in deep tech venture capital investment and corporate business development, having worked on 75 transactions totalling more than $14 billion over his career. He previously led Cisco Investment International (and its $2.5 billion investment commitment to Europe), founded Qualcomm Ventures Europe, and is an Apax Partners alumnus.
Rombaut started his career with an IBM’ startup, before launching the Bouygues group’s corporate development arm where he successfully co-founded Bouygues Telecom, a €10+ billion network operator.
Led by Mark Boggett, CEO, Seraphim Capital is a venture capital fund focused on the $350 billion space-tech market, backed by some of the corporates in the global space industry including SES, Airbus and Telespazio and has a strategic partnership with the European Space Agency.
Seraphim typically invests at Series A stage into all aspects of the space ecosystem, including constellations of small satellites, analytics, networking systems, small launchers, drones, and UAVs.
The current fund, focused on companies with ties to the UK, has created a space ecosystem in the UK by its affiliation with the UK Space Tech Angels and its soon to be launched Seraphim Space Camp Accelerator.
The firm is raising a new fund that have a more global scope.