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Why the Long run of House Begins in LA | by way of Mark Suster | Jun, 2024


Credit score: Apex

These days, Apex introduced their Sequence B investment spherical, led by way of XYZ Ventures and CRV, with participation from In advance. And in case you spend a lot time in LA, you’ll temporarily understand that we’re in a groundswell of house and protection startups.

Is it on account of the wealthy engineering ability popping out of Caltech, UCLA, USC, Harvey Mudd, and all of the different universities?

Is it on account of the lengthy historical past within the area of aerospace and aviation experience, 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 at the moment are beginning their very own companies?

It’s all of the ones issues. And all of the ones issues contributed to Ian Cinnamon founding Apex proper right here in California. Apex builds satellite tv for pc buses faster and extra cost effectively than ever sooner than, permitting firms to swiftly amplify important satellite tv for pc deployment.

Just lately I had the excitement of talking with Ian on This Week in Startups. So slightly than writing a protracted weblog publish about why this trade is so vital (it’s) and why we at In advance are so excited to beef up it (we’re), I’ll mean you can listen immediately from him about:

  • The beginning of Apex and why it needed to be in-built Los Angeles
  • Why house is a fascinating sector for traders and founders
  • The complexities of establishing satellites (and the way Apex has unlocked the marketplace)
  • The release of its first satellite tv for pc and taking a selfie from house

I’m hoping you’ll take a look at the dialog right here, and sign up for me in congratulating Ian, Max, and Apex crew on lately’s milestone.

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