Defense tech startup Mach Industries raises $300M Series C at $1.8B valuation
Summary
Defense technology startup Mach Industries, founded in 2023 by 22-year-old CEO Ethan Thornton, raised a $300 million Series C round at a $1.8 billion valuation—nearly quadrupling its valuation from June 2025. The company has raised approximately $485 million total from investors including Bedrock Capital, Sequoia Capital, and Khosla Ventures. Mach is developing five autonomous vehicles (Viper, Glide, Stratos, Dart, and Pike) with production expected to begin next year on at least three systems.
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bskyDefense tech startup Mach Industries raises $300M Series C at $1.8B valuationbriefly.coKey quotes
· 4 pulledMach Industries, founded in 2023 and led by 22-year-old CEO Ethan Thornton, raised a $300 million Series C at a $1.8 billion valuation.
The valuation nearly quadrupled from June 2025, when Mach raised $100 million at a $470 million valuation.
The company has raised about $485 million total, with investors including Bedrock Capital, Sequoia Capital, and Khosla Ventures.
Mach is developing five autonomous vehicles—Viper, Glide, Stratos, Dart, and Pike—with production expected to begin next year on at least three systems.
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