Funding round
Mach Industries Series B
Mach Industries, which works in defense platform development and manufacturing in Huntington Beach, raised $100M in a Series B round announced on 17 Jun 2025, led by Khosla Ventures and Bedrock, at a $470M post-money valuation. 10 firms took part. It is Mach Industries' third venture round on record; the one before was a Series A in Oct 2023.
$100M
Amount raised
$470M
Post-money valuation
$370M pre-money
10
Investors
2 leads
1.4x
Step-up from the Series A
$335M in Oct 2023
21%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Mach Industries at $470M after the new money, 1.4 times the $335M of its Series A (Oct 2023). The $100M bought investors about 21% of the company. It came 20 months after Mach Industries' Series A. It is 21% of the $485M Mach Industries has raised in the venture rounds on record. Mach Industries raised again 12 months later: a Series C round of $300M in Jun 2026, at $1.80B post-money.
Mach Industries' funding rounds
Mach Industries has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
Khosla Ventures and Bedrock led the round with 8 other firms.
Lead investors
- Khosla Ventures backs 396 venture-backed companies new investor
- backs 38 venture-backed companies new investor
Also in the round
- Sequoia Capital backs 589 venture-backed companies new investor
- DCVC backs 171 venture-backed companies new investor
- backs 4 venture-backed companies new investor
- backs 6 venture-backed companies new investor
- backs 22 venture-backed companies new investor
- backs 39 venture-backed companies new investor
- backs 4 venture-backed companies new investor
- BoxGroup backs 175 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development and scaling operations.
- Product development
- Scaling operations
Comparable rounds
How it compares
40 Series B rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $56M, and this round was 1.8 times the median. The closest in time, other companies' Series B rounds in Aerospace and Defence:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Muon Space Aerospace and Defence | 12 Jun 2025 | $146M | not disclosed | Congruent Ventures |
| Aerospace and Defence | 26 Jun 2025 | $13M | $201M | not named |
| Aerospace and Defence | 12 May 2025 | $105M | not disclosed | Lockheed Martin Ventures |
| Aerospace and Defence | 2 Jul 2025 | $30M | not disclosed | RTX Ventures |
| Aerospace and Defence | 8 May 2025 | $21M | not disclosed | Razor’s Edge Ventures |
| Aerospace and Defence | 26 Aug 2025 | $110M | not disclosed | Noshaq |
| Aerospace and Defence | 23 Apr 2025 | $100M | not disclosed | General Innovation Capital Partners |
| K2 Space Aerospace and Defence | 13 Feb 2025 | $110M | not disclosed | Lightspeed Venture Partners and Altimeter |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Mach Industries raise in its Series B round?
Mach Industries raised $100M in its Series B round, announced in Jun 2025.
Who led Mach Industries' Series B round?
Khosla Ventures and Bedrock led it, with Sequoia Capital, DCVC, Marque Ventures, Champion Hill Ventures and 1517 Fund and 3 more.
What was Mach Industries' valuation at the Series B round?
$470M post-money ($370M pre-money).
How does it compare with other Series B rounds in Aerospace and Defence?
40 Series B rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $56M, and this round was 1.8 times the median.
Did Mach Industries raise again after this round?
Yes: a Series C round in Jun 2026 of $300M at $1.80B post-money.