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Two-year-old defense tech Mach Industries confirms $100M raise led by Khosla, Bedrock 

  • Defense tech startup Mach Industries raises $100 million at $470 million valuation led by Khosla Ventures and Bedrock Capital, with participation from Sequoia.
  • This funding round brings Mach's total raised amount to around $185 million.
  • Mach Industries, founded by CEO Ethan Thornton in 2023, has seen rapid growth and secured notable contracts in the defense tech sector.
  • The company has developed weapons systems like Viper, Glide, and Stratos, along with securing contracts and opening a factory in California.
  • Mach aims to create weapons for long-range strikes, catering to the evolving landscape of warfare and AI advancements.
  • Thornton acknowledges the responsibility of developing weapons in a time of AI progress and global political unrest.
  • The startup collaborates with national defense decision-makers and plans to enhance manufacturing and develop new products with the fresh funding.

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