Terra Industries closes $52M seed round to build defense infrastructure for the Global South
African defense tech company Terra Industries announced an additional $18 million in funding, bringing its seed round to $52 million.
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Defense tech is flooded with money, but who’s built to last?
Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, …
Defense tech darling Mach Industries hits $1.8B valuation, a 4x jump in a year
In a wild ride for 22-year-old founder and CEO Ethan Thornton, Mach Industries has raised another $300 million. It already has five autonomous vehic…
Mach Industries just spent $50M to solve a major defense tech problem
Mach says the acquisition meaningfully improves unit economics across its five vehicle programs at exactly the moment the company is starting to sca…