About Apex
Apex is a company based in Los Angeles (United States) founded in 2022 by Maximilian Benassi and Ian Cinnamon. It operates as a Product-as-a-Service, and Direct-to-Consumer (D2C). Apex has raised $518.5 million across 5 funding rounds from investors including StepStone Group, Point72 Ventures and 8VC. The company has 27 employees as of February 29, 2024. Apex offers products and services including Aries, Nova, and Comet. Apex operates in a competitive market with competitors including Xplore, Gravitics, Moon Express, York Space Systems and Gama, among others.
- Headquarter Los Angeles, United States
- Employees 27 as on 29 Feb, 2024
- Founders Maximilian Benassi, Ian Cinnamon
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Sectors
Aerospace, Defense & Maritime
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Phone
*********
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Website
*********
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Social
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- Legal Name Apex Technology, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$518.5 M (USD)
in 5 rounds
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Latest Funding Round
$200 M (USD), Series D
Sep 12, 2025
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Investors
StepStone Group
& 19 more
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Employee Count
27
as on Feb 29, 2024
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Products & Services of Apex
Apex offers a comprehensive portfolio of products and services, including Aries, Nova, and Comet. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A 100kg bus platform designed for rapid production.
A 250kg bus platform built for high-performance missions.
A 500kg bus platform enabling next-generation LEO constellations.
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Funding Insights of Apex
Apex has successfully raised a total of $518.5M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $200 million completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series D — $200.0M
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First Round
First Round
(24 Oct 2022)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series D - Apex | Valuation | Interlagos |
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| Apr, 2025 | Amount | Series C - Apex | Valuation | Point72 Ventures , 8VC | |
| May, 2024 | Amount | Series B - Apex | Valuation | XYZ Venture Capital , CRV |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Apex
Apex has secured backing from 20 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include StepStone Group, Point72 Ventures and 8VC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on seed to growth stage fintech, deep tech, and enterprise tech companies
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Founded Year | Domain | Location | |
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Venture capital firm investing in technology, life sciences, and related sectors.
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Apex
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Apex
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Apex Comparisons
Competitors of Apex
Apex operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Xplore, Gravitics, Moon Express, York Space Systems and Gama, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Spacecraft are manufactured for interplanetary missions between Venus and Ceres.
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| domain | founded_year | HQ Location |
Manufacturer of components for space stations
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| domain | founded_year | HQ Location |
Lunar transportation and mining services
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| domain | founded_year | HQ Location |
Spacecraft manufacturing costs are minimized via patented platform technology.
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| domain | founded_year | HQ Location |
Scalable solar sails for deep space missions are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Apex
Frequently Asked Questions about Apex
When was Apex founded?
Apex was founded in 2022.
Where is Apex located?
Apex is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Apex?
Ian Cinnamon is the current CEO of Apex. They have also founded this company.
Is Apex a funded company?
Apex is a funded company, having raised a total of $518.5M across 5 funding rounds to date. The company's 1st funding round was a Series B of $95M, raised on Oct 24, 2022.
How many employees does Apex have?
As of Feb 29, 2024, the latest employee count at Apex is 27.
What does Apex do?
Satellite bus platforms ranging from 100kg to 500kg are produced by Apex, focusing on rapid delivery and scalable manufacturing. The company serves the aerospace sector with configurable spacecraft solutions for various mission needs. Platforms like Aries, Nova, and Comet are engineered for flexibility, leveraging a common production line. Additional services such as payload integration, licensing, and mission operations are provided to support space missions from their Los Angeles facility.
Who are the top competitors of Apex?
Apex's top competitors include Gravitics, Xplore and Moon Express.
What products or services does Apex offer?
Apex offers Aries, Nova, and Comet.
Who are Apex's investors?
Apex has 20 investors. Key investors include StepStone Group, Point72 Ventures, 8VC, Andreessen Horowitz, and Washington Harbour.
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