Satellite maker Apex’s valuation rises to $2.3 billion after latest $200 million raise

Space startup Apex doubles valuation to $2.3 billion in new funding

June 5 (Reuters) – Space startup Apex has more than doubled its valuation to $2.3 billion in under a year ​after raising over $200 million in a ‌new funding round, the firm said on Friday, underscoring growing investor interest in the sector. The fundraise comes amid heightened investor enthusiasm in space ‌exploration ​and defense, driven by ⁠expanding commercial satellite networks, ⁠government-led defense opportunities and buzz around a SpaceX…

Satellite maker Apex’s valuation rises to $2.3 billion after latest $200 million raise

Apex has raised more than $200 million to expand in-house satellite production capabilities, announcing a funding round June 5 it says nearly doubled the four-year-old manufacturer’s valuation to $2.3 billion. The post Satellite maker Apex’s valuation rises to $2.3 billion after latest $200 million raise appeared first on SpaceNews.

Apex Hits $2.3B Valuation as Satellite Demand Grows

🔦 SpotlightHappy Friday LA,The space economy does not just need more rockets. It needs more spacecraft that can be built quickly, reliably and at scale.Los Angeles-based Apex announced more than $200M in new growth funding, nearly doubling its valuation to $2.3B just months after crossing the $1B mark. The round was led by Glade Brook Capital Partners and co-led by Washington Harbour Partners, with support from new and existing investors.Apex b…

Apex Raises $200M At $2.3B Valuation

Apex Space has closed a $200M funding round raised at a $2.3B valuation, the company announced on Friday. Glade Brook Capital Partners led the round, which also included participation from Washington Harbour Partners and other new and existing investors. Apex CEO Ian Cinnamon said the company is raising capital as it sees investor interest, and not labeling the funding as a specific series.  Raking it in: It’s the company’s third $200M round in …