Mach Industries, the defense tech founded by 21-year-old Ethan Thornton, is about to close a fresh $100 million in financing co-led by new investor Khosla and existing investor Bedrock Capital, a source familiar with the deal tells TechCrunch. The new round will value the company at around $470 million, according to the source. However, the…
Category: mach industries
defense tech, Global Security News, mach industries, Sequoia Capital, Startups
How a hydrogen explosion led a teenage founder to become Sequoia’s first defense tech investment
As Sequoia Capital’s first defense tech investment, Mach Industries is an industry darling, raising over $80 million since its founding in 2023. Its founder, Ethan Thornton, now 21, began Mach as a teenage MIT student before dropping out to focus full-time on his startup. But a few months before landing a seed investment from Sequoia…
Exclusive, Global IT News, Global Security News, Joe Lonsdale, Kevin Hartz, mach industries, Palantir, PayPal, Peter Thiel, Venture, xoom
From recruiting for Palantir to landing a plane on Highway 85: meet defense tech’s wildest power broker
Peter Conway has recruited for some of the buzziest defense and hard tech firms in Silicon Valley over the last decade, like Palantir and Mach Industries. © 2024 TechCrunch. All rights reserved. For personal use only.
Exclusive, Global IT News, Global Security News, Joe Lonsdale, Kevin Hartz, mach industries, Palantir, PayPal, Peter Thiel, Venture, xoom
From forced landings to stuffed animal heads, headhunter Peterson Conway is defense tech’s wildest power broker
Conway has recruited for some of the buzziest defense and hard tech firms in Silicon Valley over the last decade, like Palantir and Mach Industries. © 2024 TechCrunch. All rights reserved. For personal use only.