VC Giants Back LA Defense Tech Startup
Memorial Day Weekend is finally here, and it seems even PCH got the memo, just in time for those coastal drives to kick off summer, traffic jams included. Speaking of navigation, El Segundo-based startup CX2 has charted its own impressive course this week. They have secured $31 million in a Series A round led by Point72 Ventures, with participation from Andreessen Horowitz, 8VC, and Pax Ventures, to boost its mission in electronic warfare.
Electronic warfare (EW), for those unfamiliar, involves the tactical use of electromagnetic energy to control the spectrum. It essentially involves jamming or confusing enemy communications and radar systems. CX2 was founded by a diverse and experienced group: Nathan Mintz, who brings deep expertise in defense technology from previous ventures such as Epirus and Spartan; Mark Trefgarne, a software entrepreneur known for a successful acquisition by Meta; Lee Thompson, an expert RF engineer previously with SpaceX; and Porter Smith, whose practical insights stem from his background as a U.S. Army helicopter pilot and subsequent experience as an investor.
The new funds will help CX2 scale its team and accelerate the development of advanced tools, including autonomous drones and specialized signals-intelligence systems. These innovations promise precision interference without collateral disruptions, addressing critical defense capability gaps identified by industry experts.
As tensions escalate globally, there is significant demand for next-gen defense solutions, and CX2’s technology positions them as a major player in shaping future electronic battlespaces.
Here’s to a weekend filled with sunshine, clear roads (fingers crossed), and tech that keeps pushing boundaries!
