Apex Raises $200M in Series C Funding
Summary
Apex, a Los Angeles, CA-based spacecraft manufacturer offering productized and configurable satellite bus platforms, raised $200M in Series C funding. The round was led by Point72 Ventures and co-led by 8VC, alongside existing investors including Andreessen Horowitz, as well as new firms Washington Harbour Partners and StepStone Group. The company intends to use the funds to expand operations and its development efforts. Founded in 2022 by Ian Cinnamon and Max Benassi, Apex manufactures scalable spacecraft solutions for both commercial and government customers helping them focus on advancing space capabilities using their standard spacecraft bus platforms. The company is positioned to support rapid delivery for Golden Dome, Proliferated Warfighter Space Architecture, and other programs.