Sequoia Capital makes first defence tech investment in US firm

Sequoia Capital makes first defence tech investment in US firm

Sequoia logo is seen on smartphone in this illustration taken, June 13, 2022. Illustration picture taken June 13, 2022. REUTERS/Dado Ruvic/Illustration

Defence startup Mach Industries has raised $5.7 million in a seed round led by Sequoia Capital, the first-ever defence tech investment in the venture capital giant’s history, the two companies said.