Satellite Maker Apex in Funding Talks At $4 Billion Valuation

EXCLUSIVE Startups Satellite Maker Apex in Funding Talks At $4 Billion Valuation Satellite maker Apex is in talks for a new funding round at a roughly $4 billion valuation, according to people familiar with the matter, nearly doubling its value from a prior round in June. The startup is discussing a raise of about $500 million, said the people, asking to remain anonymous as the information is not public. Washington Harbour Partners is set to lead the round, with existing investors Andreessen Horowitz and XYZ Venture Capital also participating, the people said. The valuation includes the capital Apex is set to raise, the people said.