APX raises significant new funds from investors Axel Springer and Porsche and announces an ambitious new investment strategy. Based out of Berlin, APX is a very-early-stage startup investor, backed by Axel Springer and Porsche. It supports and partners with the most ambitious European founding teams and their pre-seed startups and beyond, mostly as their first investor. Since its debut in 2018, APX has invested in over 70 startups across more than 20 industries.
Raises significant funding
APX has secured additional funding from media and tech company Axel Springer and sports car manufacturer Porsche. This funding increased its overall investment amount for both new and existing portfolio companies to €55M. This lets APX invest up to €500k in portfolio startups before the Series A round.