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CX2

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Secret ‘Electronic Warfare’ Startup

El Segundo, United StatesFounded 2024Space
Valuation $100–500M Latest valuation · 2025
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About CX2

Operating within the aerospace and defense industry, CX2 is a venture capital-backed technology company established to address the growing importance of the electromagnetic spectrum in modern warfare. Founded in 2024, the El Segundo, California-based firm develops artificial intelligence-enabled hardware and software to control and dominate this invisible battlefield. The company's business model centers on providing these advanced electronic warfare (EW) solutions to the United States military and its allies, addressing what they see as a critical capability gap.

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The founding team combines extensive experience from the military, defense contracting, and high-growth technology sectors. Co-founder and CEO Nathan Mintz previously founded the defense unicorn Epirus and spent 14 years as an engineer at Raytheon and Boeing. President and Co-founder Mark Trefgarne founded LiveRail, a video ad exchange acquired by Meta for a reported $500 million. Porter Smith, another co-founder, is a U.S. Military Academy at West Point graduate who flew helicopters for the U.S. Army Special Operations Aviation Command and later worked as an investment partner at Andreessen Horowitz. The fourth co-founder, Lee Thompson, led the RF engineering team at SpaceX, contributing to the communications platform for Starship.

CX2's core offering is a platform designed to autonomously detect, classify, and counter radio frequency (RF) threats at the tactical edge. This system provides spectrum awareness by discovering and tracking emitters, even in GPS-denied environments, and can offer visual confirmation through high-resolution image capture. The platform's modular, hardware-agnostic architecture allows for deployment across various systems like drones and vehicles, aiming for faster iteration and lower costs than traditional, large-scale EW systems. The technology is designed to enable rapid kinetic responses to threats identified on the RF spectrum. The company has secured significant funding to advance these solutions, including a $15 million seed round and a $31 million Series A round in 2025, led by Point72 Ventures with participation from firms like Andreessen Horowitz and 8VC.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2024
Headquarters
El Segundo, United States
Employees
61
Open positions
None listed
Dealroom signal
90.8/100
Industry
Security, Space
Sector
Space, Defence, Space Tech, Space Upstream, NIF defense security and resilience, NIF awareness and decision making, DT and LS, science-based
Technology
Deep Tech
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning CX2.

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Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AEquity / VC May 2025 $31M $124M 8VC · Andreessen Horowitz · Point72 Ventures
SEEDEquity / VC Jun 2024 $15M $60M Andreessen Horowitz · 8VC
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Growth signals

CX2 website traffic

Latest recorded traffic for CX2 is 9.3K monthly website visits, up 52.5% over the last three months. CX2's team grew 306.7% over the past year.

Latest monthly visits9.3K 3-month web change+52.5% 1-year team growth+306.7%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

Series A1 investor entered at this stage

  • Point72 Ventures
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States97.6%
🇬🇧 United Kingdom2.4%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about CX2 on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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