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

Page: https://stenobird.com/podcast/techcrunch-startup-news/snap-alums-unveil-ghost-angels-fund-defense-tech-darling-mach-industries-hits-1-8b-valuation
Text version: https://stenobird.com/podcast/techcrunch-startup-news/snap-alums-unveil-ghost-angels-fund-defense-tech-darling-mach-industries-hits-1-8b-valuation.md
Podcast: [TechCrunch Startup News](https://stenobird.com/podcast/techcrunch-startup-news)
Published: 2026-06-02T09:45:00+00:00
Episode link: https://mgln.ai/e/211/traffic.megaphone.fm/AIRWV6874889614.mp3
Audio file: https://mgln.ai/e/211/traffic.megaphone.fm/AIRWV6874889614.mp3
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Duration seconds: 524

## Resource

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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