Today, Apex announced their Series B funding round, led by XYZ Ventures and CRV, with participation from Upfront. And if you happen to spend a lot time in LA, you’ll shortly notice that we’re in a groundswell of house and protection startups.
Is it due to the wealthy engineering expertise popping out of Caltech, UCLA, USC, Harvey Mudd, and all the opposite universities?
Is it due to the long history in the region of aerospace and aviation expertise, from Northrup Grumman and Lockheed Martin to JPL and Nasa?
Is it as a result of SpaceX spearheaded a pool of startup-minded thinkers who are actually beginning their very own companies?
It’s all of these issues. And all of these issues contributed to Ian Cinnamon founding Apex proper right here in California. Apex builds satellite tv for pc buses faster and extra affordably than ever earlier than, permitting firms to quickly develop important satellite tv for pc deployment.
Not too long ago I had the pleasure of talking with Ian on This Week in Startups. So slightly than writing a protracted weblog submit about why this enterprise is so obligatory (it’s) and why we at Upfront are so excited to assist it (we’re), I’ll allow you to hear straight from him about:
- The origin of Apex and why it needed to be in-built Los Angeles
- Why house is a fascinating sector for buyers and founders
- The complexities of constructing satellites (and the way Apex has unlocked the market)
- The launch of its first satellite tv for pc and taking a selfie from house
I hope you’ll try the dialog here, and be a part of me in congratulating Ian, Max, and Apex workforce on right now’s milestone.
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