Snap alums unveil Ghost Angels fund; Defense tech darling Mach Industries hits $1.8B valuation episode artwork

EPISODE · Jun 2, 2026 · 8 MIN

Snap alums unveil Ghost Angels fund; Defense tech darling Mach Industries hits $1.8B valuation

from TechCrunch Startup News · host TechCrunch

A group of 20 Snap alumni has come together to launch a fund called Ghost Angels to back the next generation of social media. Also, 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 vehicles in development and completed a major acquisition. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Snap alums unveil Ghost Angels fund; Defense tech darling Mach Industries hits $1.8B valuation

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