Topic: manufacturing expansion
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Group14 Raises $463M From Porsche, SK to Power EV Batteries
Group14 has secured a $463 million investment led by SK, with backing from Porsche and Microsoft, to scale up production of its silicon anode materials for advanced EV batteries. The company's silicon-based anode technology significantly boosts energy storage capacity and charging speed, addressi...
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Defense Startup Mach Industries Secures $100M Led by Khosla, Bedrock
Defense tech startup Mach Industries raised $100M in funding, led by Khosla Ventures and Bedrock Capital, valuing the company at $470M. Founded by 19-year-old Ethan Thornton, Mach has grown rapidly to 140 employees and specializes in advanced weapons systems like drones and gliders. The company i...
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Defense Tech Startup Mach Industries Eyes $100M Funding Round
Mach Industries is close to securing a $100 million funding round led by Khosla Ventures and Bedrock Capital, potentially valuing the company at $470 million. Founded by 21-year-old Ethan Thornton, the startup specializes in advanced aerospace systems and has attracted notable investors like Sequ...
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