Space Startup Apex Raises $200 Million, Reaches Unicorn Status

Workers at Apex’s factory in Los Angeles. — Workers at Apex’s factory in Los Angeles.Source: Apex

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By Sana Pashankar

September 12, 2025 at 1:40 PM UTC

Space startup Apex has raised $200 million in a new funding round, reaching unicorn status as it supports companies and governments developing satellite networks.

The new round was led by Interlagos, a venture capital firm started by former SpaceX employees, and takes Apex’s valuation to over $1 billion, according to the company.