Tech Company Financing Transactions
Apex Funding Round
Apex, operating out of Culver City, secured $16 million in funding from Andreessen Horowitz and Shield Capital.
Transaction Overview
Company Name
Announced On
6/22/2023
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series A
Investors
Andreessen Horowitz (Lead Investor)
Shield Capital (Lead Investor)
Proceeds Purpose
Apex will use the additional funding to open a new, 50,000 sq ft production facility in Los Angeles dedicated to serial bus manufacturing. This investment and the new factory will allow the company to expand its production rate and further reduce lead times for its 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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