# Apex Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/apex-technology

- Industry: Aerospace
- Headquarters: Culver City, US
- Website: www.apexspace.com/
- Total disclosed funding: $592M
- Latest round: Series E (Jun 5, 2026)
- Investors on record: 28

## About

Founded in 2020 and based in California, US, and co-founded by Ian Cinnamon (CEO) and Max Benassi, Apex Technology, Inc., trading under the name Apex Space, operates as an aerospace platform company that manufactures spacecraft for communications, payload, and more. 

The spacecraft manufacturing company offers a satellite bus platform, Aries, weighing 103 kilograms, and has the ability to host payloads of up to 94 kilograms, to commercial and government customers operating in low earth orbit, flying payloads, etc. Apex sells the Aries satellite bus for a variety of missions including earth imaging, communication, etc. The Aries spacecraft bus platform can be integrated with a wide range of missions in LEO and is also available with packages including FCC licensing, flight booking, Insurance, financing, flight coordination, ATP, etc. In September 2025, Apex Technology, Inc. raised USD 200 million in series D funding led by new investor INTERLAGOS CAPITAL.

In June 2026, Apex Technology, Inc. raised USD 200 million in venture funding co-led by Glade Brook Capital Partners and Washington Harbour Partners, with participation from XYZ Ventures, Village Global, 75 & Sunny, Toyota Ventures, Point72, Avalon Capital Group, Upfront, Ravelin Capital, StepStone Group, Overmatch, Embedded Ventures and GSBackers. JP Morgan Asset Management, 1789 Capital and Decile Capital also participated in the round.

Apex is expected to expand its Los Angeles manufacturing footprint, increase production rates toward constellation-scale output, and achieve deeper vertical integration of satellite subsystems. The company will likely invest in inventory-led (“build-ahead”) production to shorten delivery cycles and win large commercial and government contracts. Growth will also be driven by defense partnerships (e.g., missile tracking/interceptor programs), new satellite platform iterations, and potential M&A of component suppliers, positioning Apex as a dominant supplier in high-rate satellite manufacturing.

## Funding rounds

- Series E, Jun 5, 2026, $178M — Upfront, StepStone Group, JP Morgan Asset Management, Avalon Capital Group, Glade Brook Capital Partners, Point72, XYZ Ventures, Toyota Ventures, Village Global, Embedded Ventures, Washington Harbour Partners, 75 & Sunny, Decile Capital, Overmatch, 1789 Capital, GSBackers, Ravelin Capital
- Series D, Sep 12, 2025, $161M — Interlagos
- Series C, Apr 16, 2025, $158M — StepStone, Andreessen Horowitz, 8VC, Point72 Asset Management, Washington Harbour Partners
- Series B, May 24, 2024, $72M — CRV, Upfront, Avalon Capital Group, Andreessen Horowitz, 8VC, Ravelin Capital, Point72 Asset Management, XYZ Ventures, Toyota Ventures, Outsiders Fund, J2 Ventures, Shield Capital, Mirae Asset Capital, GSBackers
- Series A, Jun 16, 2023, $16M — Andreessen Horowitz, Shield Capital
- Seed, Oct 17, 2022, $7.8M — Lux Capital, Andreessen Horowitz, XYZ Ventures, Village Global, J2 Ventures

## Investors

- Lux Capital (https://capitalatlas.ai/funds/lux-capital) — Seed
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed, Series A, Series B, Series C
- XYZ Ventures (https://capitalatlas.ai/funds/xyz-ventures) — Seed, Series B, Series E
- Village Global (https://capitalatlas.ai/funds/village-global) — Seed, Series E
- J2 Ventures (https://capitalatlas.ai/funds/j2-ventures) — Seed, Series B
- Shield Capital (https://capitalatlas.ai/funds/shield-capital) — Series A, Series B
- CRV (https://capitalatlas.ai/funds/crv) — Series B
- Upfront (https://capitalatlas.ai/funds/upfront) — Series B, Series E
- Avalon Capital Group — Series B, Series E
- 8VC (https://capitalatlas.ai/funds/8vc) — Series B, Series C
- Ravelin Capital (https://capitalatlas.ai/funds/ravelin-capital) — Series B, Series E
- Point72 Asset Management — Series B, Series C
- Toyota Ventures (https://capitalatlas.ai/funds/toyota-ventures) — Series B, Series E
- Outsiders Fund (https://capitalatlas.ai/funds/outsiders-fund) — Series B
- Mirae Asset Capital (https://capitalatlas.ai/funds/mirae-asset-capital) — Series B
- GSBackers (https://capitalatlas.ai/funds/gsbackers) — Series B, Series E
- StepStone (https://capitalatlas.ai/funds/stepstone) — Series C
- Washington Harbour Partners (https://capitalatlas.ai/funds/washington-harbour-partners) — Series C, Series E
- Interlagos (https://capitalatlas.ai/funds/interlagos) — Series D
- StepStone Group — Series E
- JP Morgan Asset Management (https://capitalatlas.ai/funds/jp-morgan-asset-management) — Series E
- Glade Brook Capital Partners (https://capitalatlas.ai/funds/glade-brook-capital-partners) — Series E
- Point72 (https://capitalatlas.ai/funds/point72) — Series E
- Embedded Ventures (https://capitalatlas.ai/funds/embedded-ventures) — Series E
- 75 & Sunny (https://capitalatlas.ai/funds/75-sunny) — Series E
- Decile Capital (https://capitalatlas.ai/funds/decile-capital) — Series E
- Overmatch (https://capitalatlas.ai/funds/overmatch) — Series E
- 1789 Capital (https://capitalatlas.ai/funds/1789-capital) — Series E