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

9 min•2 juni 2026

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.

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