Funding round
Mach Industries Series C
Mach Industries, which works in defense platform development and manufacturing in Huntington Beach, raised $300M in a Series C round announced on 2 Jun 2026, led by Infinite Capital and Ribbit, at a $1.80B post-money valuation. 5 firms took part. It is Mach Industries' fourth venture round on record; the one before was a Series B in Jun 2025.
$300M
Amount raised
$1.80B
Post-money valuation
$1.50B pre-money
5
Investors
2 leads
3.8x
Step-up from the Series B
$470M in Jun 2025
17%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Mach Industries at $1.80B after the new money, 3.8 times the $470M of its Series B (Jun 2025). The $300M bought investors about 17% of the company. It came 12 months after Mach Industries' Series B. It is 62% of the $485M Mach Industries has raised in the venture rounds on record. No later venture round is on record for Mach Industries.
Mach Industries' funding rounds
Mach Industries has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
Infinite Capital and Ribbit led the round with 3 other firms.
Lead investors
- backs 15 venture-backed companies new investor
- Ribbit backs 126 venture-backed companies new investor
Also in the round
- backs 38 venture-backed companies new investor
- Sequoia Capital backs 589 venture-backed companies new investor
- Khosla Ventures backs 396 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, scaling operations, working capital and geographic expansion.
- Hiring
- Product development
- Scaling operations
- Working capital
- Geographic expansion
Comparable rounds
How it compares
17 Series C rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $250M, and this round was 1.2 times the median. The closest in time, other companies' Series C rounds in Aerospace and Defence:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Aerospace and Defence | 16 Jul 2026 | $70M | not disclosed | Swisscom Ventures |
| Castelion Aerospace and Defence | 19 Aug 2026 | $1.00B | $13.00B | J.P. MorganChase’s Strategic Investment Group and Andreessen Horowitz |
| Muon Space Aerospace and Defence | 20 Aug 2026 | $250M | $1.50B | Eclipse |
| Aerospace and Defence | 11 Aug 2026 | $250M | $2.50B | Sequoia Capital and American Strategic Technology Fund |
| Sierra Space Aerospace and Defence | 5 Mar 2026 | $550M | $8.00B | LuminArx Capital Management |
| The Exploration Company Aerospace and Defence | 8 Sep 2026 | $450M | not disclosed | Bessemer Venture Partners and Atomico |
| Aerospace and Defence | 1 Sep 2026 | $334M | not disclosed | Mitsubishi Electric and COFIDES |
| Aerospace and Defence | 26 Mar 2026 | $170M | not disclosed | Mohari Ventures Natural Capital |
Sources
Where this comes from
Reported by 8 sources.
Questions
Frequently asked
How much did Mach Industries raise in its Series C round?
Mach Industries raised $300M in its Series C round, announced in Jun 2026.
Who led Mach Industries' Series C round?
Infinite Capital and Ribbit led it, with Bedrock, Sequoia Capital and Khosla Ventures.
What was Mach Industries' valuation at the Series C round?
$1.80B post-money ($1.50B pre-money).
How does it compare with other Series C rounds in Aerospace and Defence?
17 Series C rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $250M, and this round was 1.2 times the median.