
Apex Spacecraft, a Los Angeles-based space manufacturing company, has secured $95 million in a Series B funding round. The round was led by XYZ Venture Capital and CRV, with participation from investors including Upfront Ventures, 8VC, P72 Ventures, Toyota Ventures, a16z, ShieldCapVC, and RavelinCap. The funding will enable Apex to scale its manufacturing and production of satellite buses, addressing a significant bottleneck in the defense and space industry. Apex's progress is driven by its team, including Ian Cinnamon and Max Benassi. The company aims to meet the growing demand from customers, such as the Department of Defense, by allowing faster and more frequent access to space.
What has been happening in the world of Atoms? - @ApexSpacecraft, the satellite manufacturer, has raised $95M in a Series B round from top investors such as @8vc, @p72vc, Toyota Ventures, @a16z, @CRV, @xyz_vc, @ShieldCapVC, @RavelinCap, and more. Congrats to @IanCinnamon,… https://t.co/40sTuCNah5
Congrats to @IanCinnamon and the team at @ApexSpacecraft! Amazing to see how fast they are moving. Satellite busses are going to be a HUGE business as the cost-to-orbit is decreasing thanks to @SpaceX. Proud to be a small small seed investor. https://t.co/gy1gnKhcM3
Oh shit @ycombinator is asking for Space companies! https://t.co/trqfRpeFUO
