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 and existing investor Bedrock Capital, a source familiar with the deal tells TechCrunch. The new round will value the company at around $470 million, according to the source. However, the […]
Software Development in Sri Lanka
Geopolitical pressures are accelerating a demand in many countries and regions to reshore — that is, to redevelop critical industry infrastructure, and to bring back businesses, which had moved or outsourced some or all of their industrial operations to cheaper countries further away. But that is easier said than done. In the key area of […]
Software Development in Sri Lanka
As Sequoia Capital’s first defense tech investment, Mach Industries is an industry darling, raising over $80 million since its founding in 2023. Its founder, Ethan Thornton, now 21, began Mach as a teenage MIT student before dropping out to focus full-time on his startup. But a few months before landing a seed investment from Sequoia […]
Software Development in Sri Lanka
On February 18, 2024, Ian Laffey posted on X that he and two others he’d just met built a cheap drone at a hackathon that calculated its coordinates simply by using its camera and Google Maps. He and his colleagues, Sacha Lévy and Carl Schoeller, were all engineers under the age of 25. The tech […]
Software Development in Sri Lanka
Founded in 2017, Atoms Lanka Solutions is a provider of IT consulting and software development services. Throughout the company’s history, we have worked with over 160 customers from 5+ countries..
