Mach Industries
Assembly Line
Sequoia makes first defense tech investment in Mach Industries
Defense startup Mach Industries has raised $5.7 million in a seed round led by Sequoia Capital, the first-ever defense tech investment in the venture capital giant’s history, the two companies said. Headquartered in Austin, Texas, Mach said the funding will be used for product development, hiring talent, and expanding facilities.
Founded by MIT dropout and Thiel Fellow Ethan Thornton in 2022, Mach Industries focuses on building a hardware solution using field-sourced hydrogen creation and combustion techniques. It is working to develop a weapon system that uses the chemical reaction of oxygen and hydrogen to create a powerful explosion that could fuel unmanned aerial vehicles and aerial protection devices.