About Apollo Fusion
Apollo Fusion is a company based in Mountain View (United States) founded in 2015 was acquired by Astra in June 2021.. Apollo Fusion has raised $10 million across 1 funding round from investors including Astra, Reid Hoffman and Greylock Partners. Apollo Fusion operates in a competitive market with competitors including Exotrail, Avio, Ursa Major, Bellatrix Aerospace and Phase Four, among others.
- Headquarter Mountain View, United States
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Sectors
Aerospace, Defense & Maritime
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Email
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Phone
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Website
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Social
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Funding Insights of Apollo Fusion
Apollo Fusion has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Angel Round round of $10 million completed in July 2018. 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 1
- Last Round Angel Round — $10.0M
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First Round
First Round
(11 Jul 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Angel Round - Apollo Fusion | Valuation |
investors |
| 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 Apollo Fusion
Apollo Fusion has secured backing from 3 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Astra, Reid Hoffman and Greylock Partners. 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 firm specializing in early-stage tech investments and founder support.
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Founded Year | Domain | Location | |
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Astra is engaged in providing space launch services.
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Founded Year | Domain | Location | |
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RH
Reid Hoffman |
Co-founder of LinkedIn, venture capitalist, and influential angel investor.
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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 Apollo Fusion
| 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 - Apollo Fusion
| 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 |
Apollo Fusion Comparisons
Competitors of Apollo Fusion
Apollo Fusion 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 Exotrail, Avio, Ursa Major, Bellatrix Aerospace and Phase Four, 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 |
Mobility solutions for small satellites are developed and provided.
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| domain | founded_year | HQ Location |
Space propulsion components, systems, and satellite launch adapters are developed.
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| domain | founded_year | HQ Location |
Ursa Major is engaged in developing propulsion and defense systems.
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| domain | founded_year | HQ Location |
Manufacturer of electric and green satellite propulsion systems
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| domain | founded_year | HQ Location |
Plasma propulsion systems for small satellites are developed and manufactured.
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| domain | founded_year | HQ Location |
Patented ion-based propulsion for small satellites is 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 Apollo Fusion
Frequently Asked Questions about Apollo Fusion
When was Apollo Fusion founded?
Apollo Fusion was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Apollo Fusion located?
Apollo Fusion is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Is Apollo Fusion a funded company?
Apollo Fusion is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Angel Round of $10M, raised on Jul 11, 2018.
What does Apollo Fusion do?
Apollo Fusion is developing an electric propulsion system using hybrid reactor technology. The system, ACE, is claimed to provide 2-3 times better impulse per mass volume and has been designed for satellites with available power between 200W and 20kW. Claimed features include better reliability, easy building and testing, efficient usage of solar power, less erosion, and reduced EMI. The company also claims that the PPU used for the system is small, light-weight, and is 98 efficient as it uses the power from the solar panels. The propulsion system has been developed for LEO, MEO, and GEO constellations.
Who are the top competitors of Apollo Fusion?
Apollo Fusion's top competitors include Exotrail, Avio and Phase Four.
Who are Apollo Fusion's investors?
Apollo Fusion has 3 investors. Key investors include Astra, Reid Hoffman, and Greylock Partners.