Defense Startup Mach Industries Closes $79M Series A At $335M Valuation
PRIVATEOct 04, 2023
Amount Raised
$79 Million
Round Type
Series A
Huntington BeachOtherManufacturing
Investors
Sequoia CapitalModern IntelligenceAndurilMach1517 FundChampion Hill VenturesBedrockEpirusBedrock Capital
Description
Defense tech darling Mach Industries has closed a $79 million Series A led by Bedrock Capital in a deal that catapulted their post-money valuation to $335 million, multiple sources tell TechCrunch.
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Company Information
Company
Mach Industries
Location
11000 NORTH MOPAC EXPRESSWAY
Huntington Beach, California, United States
About
Mach Industries is a defense manufacturing company headquartered in Huntington Beach, California. The company is dedicated to ensuring the American advantage in defense technology by vertically integrating its manufacturing processes and accelerating the pace of innovation. Backed by leading venture firms, Mach specializes in the development of lethal systems that deter kinetic conflict and protect global security. Mach Industries is committed to advancing U.S. defense capabilities through cutting-edge technology and resilient manufacturing infrastructure.
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