CX2, which is still in stealth, is being led by serial entrepreneur Nathan Mintz, who co-founded the counter-drone unicorn Epirus.Andreessen Horowitz is leading a $15 million seed funding round into a secret defense startup led by a serial entrepreneur who is planning to build weapons for electronic warfare, an emerging need for the U.S.
Chris Beach, a spokesperson for 8VC, confirmed the firm’s investment alongside a16z, and said the company will address “a critical gap based on learnings from modern warfare.” He declined to provide more details on the company, and referredGot a tip? Contact David Jeans at djeans@forbes.com or 347-559-5443 on Signal.from the Pentagon in electronic warfare, which has taken center stage in the Ukraine-Russia conflict.
The EW sector is currently dominated by incumbent defense giants — BAE Systems, Lockheed Martin and Northrup Gruman, among others — that have been selling systems to the Pentagon for decades. But given Mintz’s background, investors like Lonsdale clearly see potential in CX2 to address a growing demand for EW systems from the Pentagon.last year.
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