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Startup · United States

Apex

HQ Los Angeles, United StatesFounded 2022

Los Angeles satellite-bus manufacturer; running Project Shadow, a privately funded on-orbit space-based interceptor demonstration.

Website

Products1

Project Shadow

Apex-funded demonstration in which an 'Orbital Magazine' satellite deploys two prototype interceptors on orbit; launch slated for June 2026.

Development

Newest unveiled first. Open a product for its milestone timeline, components and sources.

Technologies1

  • Developer
    Project Shadow, privately funded; launch slated June 2026 (outcome not confirmed in sources gathered).
    DevelopmentReported

Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.

Funding6 rounds · $719M

Disclosed
$719M
Latest
$200MGrowth · Jun 5, 2026
Cumulative raised$719M
Oct 24, 2022Jun 5, 2026
Valuation over time$2.30B · Jun 5, 2026
Valuation over timeReported valuation rose from $1.00B (Sep 12, 2025) to $2.30B (Jun 5, 2026) across 2 valued rounds. 2 without a stated pre/post basis.
Valuations by round
AnnouncedStageValuationBasis
Sep 12, 2025Series D$1.00BBasis not stated
Jun 5, 2026Growth$2.30BBasis not stated

Totals add known amounts using recorded USD conversions where available; other currencies are shown separately. A ~ marks an estimated amount.

Government awards & programs1 award · $22.0M obligated · up to $45.9M ceiling

Awards received1

  • Multiple space vehicles for two orbital regimes
    Feb 12, 2025 · Contract
    Confirmed
    $22.0M
    Obligated · up to $45.9M ceiling

Obligated is what has been committed so far; ceiling is the most the award can reach. Joint values cover all recipients and are excluded from this company’s money totals.

People2

Sources17

Profile1

  1. 1

    Apex · Supports Organization · name

    “Apex - Productized Satellite Platforms”

Products1

  1. 2

    Apex · Oct 22, 2025 · Supports Organization, Organization technology, System, System · system input:leo-launch, System · system input:solid-rocket-motors

    “Founded in 2022 by Ian Cinnamon and Max Benassi, Apex manufactures scalable spacecraft solutions for both commercial and government customers.”

Funding13

  1. 3

    U.S. Securities and Exchange Commission · Jul 22, 2026 · Supports Funding round

    “Total Amount Sold $ 156,849,785 USD”
  2. 4

    Apex · Jun 5, 2026 · Supports Funding round · amount, Funding round · post money valuation usd

    “today announced it has raised over $200 million in new growth funding, nearly doubling the company’s valuation to $2.3 billion”
  3. 5

    U.S. Securities and Exchange Commission · Oct 2, 2025 · Supports Funding round

    “Total Amount Sold $ 151,900,000 USD”
  4. 6

    PR Newswire · Sep 12, 2025 · Supports Funding round · amount

    “announced its $200 million Series D funding round led by Interlagos, boosting the company's valuation over one billion dollars”
  5. 7

    SpaceNews · Sep 12, 2025 · Supports Funding round · post money valuation usd

    “a new funding round that values the company at more than $1 billion.”
  6. 8

    U.S. Securities and Exchange Commission · Apr 30, 2025 · Supports Funding round

    “Total Amount Sold $ 158,150,000 USD”
  7. 9

    PR Newswire · Apr 28, 2025 · Supports Funding round · amount

    “announced its $200 million Series C funding round. The funding round was led by Point72 Ventures and co-led by 8VC”
  8. 10

    U.S. Securities and Exchange Commission · Jun 13, 2024 · Supports Funding round

    “Total Amount Sold $ 71,877,425 USD”
  9. 11

    PR Newswire · Jun 12, 2024 · Supports Funding round · amount

    “today announced its $95 million Series B funding round. The funding round was led by XYZ Venture Capital, an early investor in the company, and co-led by CRV”
  10. 12

    U.S. Securities and Exchange Commission · Jun 29, 2023 · Supports Funding round

    “Total Amount Sold $ 15,558,757 USD”
  11. 13

    TechCrunch · Jun 22, 2023 · Supports Funding round · amount

    “has closed a $16 million Series A round co-led by Andreessen Horowitz and new investor Shield Capital”
  12. 14

    U.S. Securities and Exchange Commission · Oct 25, 2022 · Supports Funding round

    “Total Amount Sold $ 7,815,000 USD”
  13. 15

    TechCrunch · Oct 24, 2022 · Supports Funding round · amount

    “emerged from stealth Monday with a $7.5 million seed round led by Andreessen Horowitz”

Government1

  1. 16

    U.S. Department of War · Feb 12, 2025 · Supports Government award

    “Apex Technology Inc., Culver City, California, was awarded a $45,900,000 firm-fixed-price contract for multiple space vehicles to operate in two space orbits.”

People1

  1. 17

    Crunchbase via Bright Data · Supports Role · founders

    “{"founders": [{"id": "ian-cinnamon", "type": "person", "value": "Ian Cinnamon"}, {"id": "maximilian-benassi-7293", "type": "person", "value": "Maximilian Benassi"}]}”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.