Defense Startup Mach Industries Closes $79M Series A At $335M Valuation

Oct 04, 2023•almost 2 years ago

Amount Raised

$79 Million

Round Type

series a

Huntington BeachManufacturing

Investors

EpirusModern IntelligenceAndurilMach1517 FundChampion Hill VenturesSequoia CapitalBedrockBedrock 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.

Company Information

Company

Mach Industries

Location

5473 Bolsa Avenue

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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