Less than a 12 months after the Beries B series lands, the B series of Blowers, Top closed the C series with a value of $ 200 million led by 8VC 1 AND Point72 Ventures.
The round also included investments akin to Andreessen HorowitzIN Washington Harbor Partners AND Stepstone group.
The startup based on Los Angeles helps to enhance the approach to satellites with the ability to mass the production of space-bodied bodies and the structural component of satellites-to help satisfy the growing demand on the a part of clients akin to US Department of Defense.
“Apex approach to building a spacecraft is the key to implementing your commercial and national security strategies in space,” said the founder and director general Ian Cinnamon. “This successful increase accelerates our production, enabling APEX to expand stocks before demand to better enable the mission of our innovative customers, including the numbers of defense, the US government and one of the most exciting companies in the country.”
Cosmic money
Defense technology has noticed more and more investors, because more and extra money was poured into the sector.
However, so far space technological investment has been slow. Only $ 1.7 billion was invested in startups supported by VC in Q1, on Crunchbase data. Last 12 months, a total of $ 12.5 billion in Space Tech was invested throughout the 12 months.
However, this 12 months the sector has seen several large rounds, including reusable rocket startup Stoke Space blocking the C $ 260 million series Epixture Collecting a series of $ 250 million D.