Rising star defense tech startup Mach Industries is raising $100 million, sources say

May 1, 2025 - 21:52
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Rising star defense tech startup Mach Industries is raising $100 million, sources say
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 […]

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