Series C continuation · Defense tech
Mach Industries raises $600m in Series C continuation
The continuation values Mach Industries at $3.7bn and supports long-range-strike and counter-drone systems.
The $600m financing continues the company’s Series C, following the separate June close. Named backers include Infinite Capital, Bedrock Capital, Sequoia and Ribbit Capital; reported cumulative funding approaches $1.1bn.
Mach Industries plans to advance long-range-strike and counter-UAS platforms and expand manufacturing infrastructure. Its vertically integrated production includes airframes, propulsion, energetic systems and autonomy for defense customers.
Use of funds
Accelerate long-range strike and counter-UAS platform development
Expand manufacturing infrastructure
Funding history
Series C continuation · This round$600M
Series C$300M