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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
Mach Industries is a buzzy defense tech startup, a status propelled by its founding origin story and connection to Sequoia. Thornton was just a teenager when he dropped out of MIT to found Mach Industries, which was Sequoia’s first defense tech investment. Geoff Lewis, founder of Bedrock Capital, led Mach’s$79 million Series A round a few months later.
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