COMPANY INFO
Mach Industries is a defense technology company founded in 2023 by Ethan Thornton, who started the company as a teenager and dropped out of MIT to focus on it. Headquartered in Huntington Beach, California, Mach Industries specializes in building next-generation unmanned defense systems and manufacturing infrastructure, including products like the Viper VTOL strike aircraft and the Glide high-altitude glider. The company employs around 125 to 152 people and is focused on creating a decentralized industrial base for defense manufacturing to maintain an allied American edge. Their official website is https://www.machindustries.com.
Mach Industries, Inc. is a defense technology company founded in 2023 by Ethan Thornton. Based in Huntington Beach, California, Mach Industries operates in the aerospace and defense sector, focusing on next-generation unmanned defense systems and manufacturing infrastructure. The company develops advanced products such as the Viper VTOL strike aircraft and the Glide high-altitude glider, aiming to build a decentralized industrial base for defense manufacturing to strengthen the allied American edge. Mach Industries employs approximately 100-125 people and maintains multiple facilities, including manufacturing, R&D, and regional sales offices.
Mach Industries, Inc. funding history is remarkable for its rapid pace and significant investment inflows within a short period since its inception. The company has raised a total of $185 million across three funding rounds, spanning seed to Series B. Mach Industries, Inc. investors include several prominent venture capital firms, including Khosla Ventures, Bedrock, and Sequoia Capital, among others. The company’s funding rounds have supported the scaling of its unmanned defense platforms, expansion of manufacturing capabilities, and the pursuit of strategic defense partnerships. This aggressive fundraising strategy reflects its mission-driven approach and ambition to become a cornerstone in the evolving landscape of defense technology and manufacturing.
Mach Industries, Inc. secured $100 million in Series B funding to accelerate the scaling of its unmanned defense systems, expand manufacturing infrastructure, and deepen its network of strategic defense partnerships. This round supports rapid growth and reinforces the company's commitment to maintaining a resilient, innovative allied defense base.
The $79 million Series A round enabled Mach Industries, Inc. to invest heavily in advanced product development and to scale up core operations. Key areas for investment from this round included ramping up manufacturing for the Viper VTOL aircraft and expanding the company's decentralized defense manufacturing footprint.
Seed funding of $5.7 million provided the initial capital for Mach Industries, Inc. to launch operations and build out early-stage research and development functions. This foundational round allowed the company to bring its first unmanned defense concepts to market and lay the groundwork for future large-scale manufacturing.
Khosla Ventures is a leading venture capital firm that backed Mach Industries, Inc. during its Series B round. Their involvement is pivotal in providing the capital and strategic support necessary for scaling advanced defense systems and manufacturing.
Bedrock participated as a lead investor in both the Series A and Series B rounds for Mach Industries, Inc., playing a vital role in financing the company's ambitious growth and enabling the expansion of its decentralized manufacturing initiatives.
Sequoia Capital was a lead investor during the seed round and remains a key strategic supporter for Mach Industries, Inc. Their early belief in the company's vision supported its foundational growth and technological advancement.
DCVC (Data Collective Venture Capital) led investment in the Series A round and provided significant venture capital to enable product development and operational expansion at Mach Industries, Inc.
Marque Ventures co-led the seed round for Mach Industries, Inc., offering crucial early-stage investment that empowered the company’s initial deployment and R&D efforts.
1517 Fund is an early-stage investor in Mach Industries, Inc., supporting innovation-driven founders with seed capital. Their involvement contributed to the company’s pre-launch and early development.
A* participated in the funding rounds of Mach Industries, Inc., contributing to the diverse group of investors supporting the company’s vision for defense technology.
Aloft VC joined as an investor, underscoring the venture capital industry's confidence in Mach Industries, Inc. funding strategy and its potential to transform defense manufacturing.
BoxGroup also participated as an investor, providing additional capital that helps fuel the ongoing growth of Mach Industries, Inc.
Websets is a powerful natural language search and data enrichment tool that helps you discover comprehensive funding information for any company. Whether you're researching Mach Industries, Inc. funding rounds or exploring investment data for other companies, Websets provides detailed insights into funding history, investors, and financial milestones.
With Websets, you can access detailed funding profiles, investor information, and financial data through intuitive natural language queries. Sign up now to enhance your funding research capabilities.