Tech Company Financing Transactions
Apex Funding Round
Apex, operating out of Culver City, secured $95 million in investment from CRV, XYZ Ventures and 8VC.
Transaction Overview
Company Name
Announced On
6/12/2024
Transaction Type
Venture Equity
Amount
$95,000,000
Round
Series B
Investors
CRV (Lead Investor)
XYZ Ventures (Lead Investor)
private investors (Baiju Bhatt)
private investors (Ted Waitt)
Proceeds Purpose
The company intends to use the funds to increase production to meet customer demand, following the launch of its first bus in March 2024 and a growing number of customers.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
4940 Sepulveda Boulevard
Culver City, CA 90230
USA
Culver City, CA 90230
USA
Phone
Undisclosed
Website
Email Address
Overview
Apex manufactures these satellite buses as scale using a combination of software, vertical integration, and hardware that is designed for manufacturing. Our spacecraft enable the future of society: ranging from earth observation to communications and more.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ian Cinnamon
Co-Founder
Maximilian Benassi
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We report on every notable VC transaction. VC investment data records reported here come from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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