Funding round
Apex Series C
Apex, which works in satellite platform manufacturing in Los Angeles, raised $200M in a Series C round announced on 29 Apr 2025, led by Point72 Ventures and 8VC. 5 firms took part, 1 of them already investors. It is Apex's fourth venture round on record; the one before was a Series B in Jun 2024.
$200M
Amount raised
Not disclosed
Post-money valuation
5
Investors
2 leads
Valuation
What this round says about the price
Apex did not disclose a valuation in this round. It came 10 months after Apex's Series B. It is 28% of the $719M Apex has raised in the venture rounds on record. Apex raised again 5 months later: a Series D round of $200M in Sep 2025, at $1.00B post-money.
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 this round 29 Apr 2025, led by Point72 Ventures and 8VC $200M
- Series D 12 Sep 2025, led by Interlagos $200M$1.00B post-money
- Growth 5 Jun 2026, led by Glade Brook and Washington Harbour $200M$2.30B post-money
Investors
Who put money in
Point72 Ventures and 8VC led the round with 3 other firms. Andreessen Horowitz had backed Apex before.
Lead investors
- Point72 Ventures backs 72 venture-backed companies new investor
- 8VC new investor
Also in the round
- Andreessen Horowitz backs 722 venture-backed companies existing investor
- backs 30 venture-backed companies new investor
- StepStone Group 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
18 Series C rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $244M, and this round was 82% of the median. The closest in time, other companies' Series C rounds in Aerospace and Defence:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| True Anomaly Aerospace and Defence | 30 Apr 2025 | $260M | not disclosed | Accel |
| CHAOS Industries Aerospace and Defence | 2 May 2025 | $275M | $2.00B | New Enterprise Associates and Accel |
| Saronic Technologies Aerospace and Defence | 18 Feb 2025 | $600M | $4.00B | Elad Gil |
| Impulse Space Aerospace and Defence | 3 Jun 2025 | $300M | not disclosed | Linse Capital |
| Aerospace and Defence | 3 Feb 2025 | $65M | $500M | DFJ Growth |
| Hadrian Aerospace and Defence | 17 Jul 2025 | $260M | not disclosed | Founders Fund and Lux Capital |
| Stoke Space Aerospace and Defence | 15 Jan 2025 | $260M | not disclosed | not named |
| Varda Space Industries Aerospace and Defence | 10 Jul 2025 | $187M | $500M | Natural Capital and Shrug Capital |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Apex raise in its Series C round?
Apex raised $200M in its Series C round, announced in Apr 2025.
Who led Apex's Series C round?
Point72 Ventures and 8VC led it, with Andreessen Horowitz, Washington Harbour and StepStone Group.
What was Apex's valuation at the Series C round?
It was not disclosed.
How does it compare with other Series C rounds in Aerospace and Defence?
18 Series C rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $244M, and this round was 82% of the median.
Did Apex raise again after this round?
Yes: a Series D round in Sep 2025 of $200M at $1.00B post-money.