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

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

10/04/23, 5:20 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgaustin
Money raised
$79 million
Industry
other
Round Type
series a
Investors
Epirus, Modern Intelligence, Anduril, Mach, 1517 Fund, Champion Hill Ventures, Sequoia Capital, Bedrock, Bedrock Capital
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 Info

Company
Mach Industries
Location
11000 north mopac expressway
austin, texas, united states
Additional Info
We create better defense systems for the US and its allies, fueled by hydrogen. With a vertically integrated energy chain, we offer capabilities impossible with conventional methods.

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