Sequoia Capital Partners with Mach Industries to Revolutionize Defense Technology for the United States
AUSTIN, Texas, June 16, 2023 /PRNewswire/ -- Mach Industries, a hardware defense technology company, announced today that it has raised $5.7M in a round led by Sequoia Capital and with participation from Marque VC and Champion Hill Ventures. This represents Sequoia's first investment in a hardware defense technology company, adding to the firm's history of partnering with companies that support US national security interests. The money will be used by Mach to bolster its product development and to continue hiring top talent.
- The money will be used by Mach to bolster its product development and to continue hiring top talent.
- Founded by Ethan Thornton, Mach Industries is spearheading a hardware-first approach to defense with cutting-edge hydrogen creation and combustion techniques.
- Defense technology is central to our safety and security, and Mach is a step-function advancement to the state of the industry."
- Today's funding milestone brings Mach Industries one step closer on its journey to equip the United States and its allies with cutting-edge technology to effectively combat in peer-to-peer conflicts.