Apex Technology
Satellite bus manufacturer building standardized spacecraft platforms at scale (also known as Apex Space).
Apex Technology, Inc. (Apex Space) manufactures standardized satellite buses at its Factory One facility in the Los Angeles area. Founded by Ian Cinnamon (CEO, ex-Synapse/Palantir) and Max Benassi (CTO), Apex partners with Anduril Industries on AI payloads and with Northrop Grumman on Golden Dome space-based interceptors.
Overview
- Headquarters
- Los Angeles, CA
- Founded
- 2022
- Employees
- Undisclosed
- Total funding
- >$718M
- Valuation
- $2.3B (Jun 2026)
- Stage
- Growth
- Status
- active
- Domains
- Website
- www.apexspace.com
Founders2
Investors10
- Fund8VCVC firm founded by Palantir co-founder Joe Lonsdale, active in defense technology.
- FundGSBackersEarly/growth-stage fund sourced through a Stanford GSB alumni network, investing in defense/space, AI infrastructure, fintech, and biotech.
- FundJ2 VenturesJ2 Ventures is a Boston-based venture capital firm investing in early-stage dual-use technology companies serving commercial and national-security markets. It led Arkenstone Defense's $35M seed round.
- FundLux CapitalScience and tech VC with deep defense portfolio, early Anduril backer.
- FundPoint72 VenturesVC arm of Point72 with dedicated defense tech investment practice.
- FundShield CapitalEarly-stage defense and national security venture capital firm.
- FundStepStone GroupPrivate markets investment firm; participated in Overland AI's $100M Series B (Feb 2026).
- FundVillage GlobalNetwork-driven seed-stage VC whose LPs include Bill Gates, Reid Hoffman, Eric Schmidt, Jeff Bezos, and Mark Zuckerberg.
- FundWashington Harbour PartnersArlington, VA growth-equity fund focused on cybersecurity, government technology, and national-security-relevant enterprise technology.
- FundXYZ Venture CapitalEarly-stage VC firm with deep public-sector/defense expertise (~20 Palantir-alumni portfolio companies incl. Anduril); co-led Forterra's $75M Series B (Sept 2024) and continued in its $238M Series C (Nov 2025); also a new participant in Valinor Enterprises' $54M Series A (Jan 2026).
Cap table0
Approximate ownership by holder. Indexed holders link to their records.
Raised per round
Valuation over time
Percentages marked ~ are not disclosed. Some are a generic VC-pattern model (founders/team weighted heaviest, option pool lightest, other holders evenly) sized to whatever's left undisclosed — a standard industry shape, not this company's actual cap table.
| Holder | Instrument | Ownership |
|---|---|---|
Washington Harbour PartnersReinvested | Growth round (co-lead) | ~91.3% |
Glade Brook Capital PartnersNew | Growth round (lead) | ~8.7% |
Frequently asked
- What does Apex Technology do?
- Apex Technology, Inc. (Apex Space) manufactures standardized satellite buses at its Factory One facility in the Los Angeles area. Founded by Ian Cinnamon (CEO, ex-Synapse/Palantir) and Max Benassi (CTO), Apex partners with Anduril Industries on AI payloads and with Northrop Grumman on Golden Dome space-based interceptors.
- Where is Apex Technology headquartered?
- Apex Technology is headquartered in Los Angeles, CA and was founded in 2022.
- How much funding has Apex Technology raised?
- Apex Technology has raised >$718M in disclosed funding, at a most recent valuation of $2.3B (Jun 2026).
- Does Apex Technology hold government contracts?
- Defense Tech Atlas links Apex Technology to 1 government contract and 1 program.
Sources & citations13
13 sources behind every claim
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