Mach Industries Secures $300 Million in Series C Funding

Mach Industries raises $300 million in Series C funding, led by Infinite Capital and Ribbit Capital.

US defense startup Mach Industries has raised $300 million in a Series C funding round, valuing the company at $1.8 billion. The funds will be used to fulfill existing government contracts, expand the workforce, develop products, and establish production networks. The round was led by Infinite Capital and Ribbit Capital.