InfraDefenceThe capital behind defence.
Venture round · Completed · 1 Jun 2026

Mach Industries US$300m Series C

Mach Industries, which builds long-range strike drones and glide munitions, raised US$300m at about four times the valuation of its 2025 round.

Company
Mach Industries
Type
Venture round
Status
Completed
Date
1 Jun 2026
Value
US$300m
Value basis
US$300m at a US$1.8bn valuation
Region
US
Segment
Venture and growth equity

Parties

Key terms

Valuation
US$1.8bn
Co-leads
Infinite Capital, Ribbit Capital
Existing investors
Bedrock Capital, Sequoia Capital, Khosla Ventures

Sources

  1. TechCrunch: Mach Industries hits US$1.8bn valuation techcrunch.com · 1 Jun 2026
  2. Orange County Business Journal: Mach raises US$300m at US$1.8bn valuation ocbj.com · Jun 2026

Record DEF-INV-2026-0033. Investments are kept apart from the financings register and never counted in debt totals.

Randeep Bubbra
InfraDefence Weekly

The week in defence finance, read from the filings.

Deals, terms and the clauses behind them, for the people financing primes, mid-tiers and new defence technology. By Randeep Bubbra.

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