Funding round
Apex Growth
Reported as "Growth Equity"
Apex, which works in satellite platform manufacturing in Los Angeles, raised $200M in a Growth round announced on 5 Jun 2026, led by Glade Brook and Washington Harbour, at a $2.30B post-money valuation. 2 firms took part. It is Apex's sixth venture round on record; the one before was a Series D in Sep 2025.
$200M
Amount raised
$2.30B
Post-money valuation
$2.10B pre-money
2
Investors
2 leads
2.3x
Step-up from the Series D
$1.00B in Sep 2025
8.7%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Apex at $2.30B after the new money, 2.3 times the $1.00B of its Series D (Sep 2025). The $200M bought investors about 8.7% of the company. It came 9 months after Apex's Series D. It is 28% of the $719M Apex has raised in the venture rounds on record. No later venture round is on record for Apex.
Apex's funding rounds
Apex has 6 venture rounds on record. This one is highlighted.
- Seed 24 Oct 2022, led by Andreessen Horowitz $7.5M
- Series A 22 Jun 2023, led by Andreessen Horowitz and Shield Capital $16M
- Series B 12 Jun 2024, led by XYZ and CRV $95M
- Series C 29 Apr 2025, led by Point72 Ventures and 8VC $200M
- Series D 12 Sep 2025, led by Interlagos $200M$1.00B post-money
- Growth this round 5 Jun 2026, led by Glade Brook and Washington Harbour $200M$2.30B post-money
Investors
Who put money in
Glade Brook and Washington Harbour led the round.
Lead investors
- Glade Brook backs 30 venture-backed companies new investor
- backs 30 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, scaling operations and working capital.
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
20 Growth rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $102M, and this round was 2.0 times the median. The closest in time, other companies' Growth rounds in Aerospace and Defence:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Axiom Space Aerospace and Defence | 4 Jun 2026 | $525M | not disclosed | Type One Ventures and Qatar Investment Authority |
| Aerospace and Defence | 12 Jun 2026 | $32M | not disclosed | MS+PARTNERS |
| Aerospace and Defence | 8 Jun 2026 | undisclosed | not disclosed | not named |
| Blue Origin Aerospace and Defence | 8 Jul 2026 | $10.00B | $130.00B | Coatue |
| Aerospace and Defence | 14 Jul 2026 | $125M | not disclosed | Motorola Solutions |
| Aerospace and Defence | 7 May 2026 | $60M | $1.10B | Sherpalo Ventures and GIC |
| Shield AI Aerospace and Defence | 26 Mar 2026 | $500M | not disclosed | Blackstone |
| Aerospace and Defence | 14 Sep 2026 | $350M | $2.00B | Lightrock |
Sources
Where this comes from
Reported by 3 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Apex raise in its Growth round?
Apex raised $200M in its Growth round, announced in Jun 2026.
Who led Apex's Growth round?
Glade Brook and Washington Harbour led it.
What was Apex's valuation at the Growth round?
$2.30B post-money ($2.10B pre-money).
How does it compare with other Growth rounds in Aerospace and Defence?
20 Growth rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $102M, and this round was 2.0 times the median.