Khosla Ventures In Talks To Lead $100 Million Funding For Defense Startup Mach

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

Khosla Ventures In Talks To Lead $100 Million Funding For Defense Startup Mach

Led by Khosla partner Keith Rabois, the potential fundraise would be a major vote of confidence that could value Mach as high as $400 million.

Defense tech startup Mach Industries raises $100 million

Defense tech startup Mach industries is about to close a $100 million financing round, a source told TechCrunch. This funding has been co-led by new investor Khosla and existing investor Bedrock Capital. This round would value the company at $470 million. Khosla Ventures, like Andreessen Horowitz, 8VC and Founders Fund has been increasingly making bets on national security and space companies, including funding rounds for Varda, which does mater…