Fresh off the success of its first mission, satellite manufacturer Apex has closed $95 million in new capital to scale its operations.
The Los Angeles-based startup successfully launched and commissioned its first spacecraft, a model called Aries, in March.
The company is on track to manufacture five Aries this year alone, Apex CEO and co-founder Ian Cinnamon told TechCrunch.
Apex was founded on the thesis that the one of the main bottlenecks facing the growth of the space industry was satellite bus manufacturing.
The company is approaching fifty people and that number is likely to double by the end of this year.
It’s easy to assume the e-commerce ship has sailed when you consider we have giant platforms like Shopify, Woocommerce, and Wix dominating the sector.
E-commerce platform, ikas, has raised $20 million in a Series A funding round as it seeks to expand its operations into new markets in Europe.
The company currently operates in Turkey and Germany, and says its platform simplifies store management for companies that want to have a digital presence.
Also investing in ikas is Re-Pie Asset Management, which has grocery delivery startup Getir in its portfolio as well.
The round saw participation from ikas’ existing investor Revo Capital, best known as the first institutional investor in Getir, Param, Midas and Roamless.
Interview Kickstart, a profitable startup helping tech professionals acquire career-advancing skills, has raised $10 million in its maiden funding from Blume Ventures, the companies said on Monday.
The startup avoided raising venture money in the past because Valles said Interview Kickstart has always been profitable and focused on sustainable unit-economics.
Interview Kickstart is finally raising external capital because it plans to focus on two to three new areas aggressively.
For Blume Ventures, the investment in Interview Kickstart is its largest opening check in its decade-old history.
“Interview Kickstart presented a unique opportunity,” said Karthik Reddy, Managing Partner of Blume Ventures, in a statement.
Low-code dev platforms have gained momentum in recent years, in large part because they promise to shorten what’s otherwise typically a lengthy app development cycle.
According to data from analytics firm GlobalData, there was a fivefold increase in VC funding into low-code dev platforms from 2021 to 2022.
But low-code isn’t going anywhere, as evidenced most recently by low-code dev startup FlutterFlow’s financing round.
Leveraging Flutter, Google’s open source UI creation toolkit, FlutterFlow generates what Abel describes as “clean” and “maintainable” app source code.
There’s no shortage of competition in the market for low-code app dev platforms.
