Apex joined the Unicorn Club in 2025 after raising a $200 million Series D funding round, marking a significant milestone in its growth as a satellite manufacturing company. Headquartered in Los Angeles, California, United States, Apex builds satellites using off-the-shelf components to reduce costs and accelerate production.
Its approach focuses on rapid manufacturing cycles and scalable satellite platforms designed for government, commercial, and defense customers.
Keep reading to learn how Apex became a $1 billion leader in satellite manufacturing.
What Is Apex and What Does It Do?
Founded in 2022, Apex designs and produces satellites using standardized, off-the-shelf components. The company aims to reduce the complexity and high costs traditionally associated with satellite development by offering modular designs and faster assembly timelines.
Apex builds satellites for communications, earth observation, defense applications, and commercial constellations. Its platform is designed to help customers deploy satellites faster, more efficiently, and at significantly lower cost.
How Much Funding Has Apex Raised?
1. Series D Round
- Amount Raised: $200 million
- Date: 2025
- Valuation: $1 billion
- Lead Investors: Andreessen Horowitz, 8VC
- Purpose: Scale satellite production capacity, expand manufacturing facilities, and accelerate commercial contracts
2. Earlier Rounds (Seed to Series C)
- Cumulative Funding: ~ $300 million
- Key Investors: Andreessen Horowitz, 8VC, and strategic aerospace investors
- Purpose: Build manufacturing capabilities, develop modular satellite designs, and support early customer deployments
Total Funding Raised: ~ $500 million plus
Latest Funding Date: 2025
Latest Known Valuation: ~$1 billion
Key Investors
- Andreessen Horowitz
- Details: Venture capital firm investing in early and growth stage technology companies.
- Focus Areas: Aerospace, AI, defense technology, and deep tech innovation.
- 8VC
- Details: Venture capital firm backing companies that modernize industrial and national infrastructure.
- Focus Areas: Aerospace, defense systems, advanced manufacturing, and frontier technology.
Where Is Apex’s Headquarters?
Apex is headquartered in Los Angeles, California, United States, and serves as the center for satellite manufacturing, engineering, and product development.
What’s Next for Apex?
Apex plans to expand its satellite production lines, increase manufacturing automation, and broaden its offerings for government and commercial satellite customers. The company is focused on scaling modular satellite systems that support faster deployment and lower operational costs.
With strong investor backing and a $1B valuation, Apex is positioned to play a significant role in the next generation of satellite infrastructure.
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