Mach Industries raised $300M at a $1.8B valuation — and its new in-house rocket-motor arm targets a U.S. supply bottleneck
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Mach Industries, a Huntington Beach defense manufacturer that builds unmanned systems, said on June 2 that it had raised $300 million in a Series C round that values the company at $1.8 billion. The round was led by Infinite Capital and Ribbit Capital, with existing backers Bedrock Capital, Sequoia Capital and Khosla Ventures joining again.
The number is large for a company founded in 2023. The more telling detail sits two weeks earlier. On May 19, Mach announced it had acquired Exquadrum, a Cal
The number is large for a company founded in 2023. The more telling detail sits two weeks earlier. On May 19, Mach announced it had acquired Exquadrum, a Cal
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