Mach Industries Secures $100M Funding at $470M Valuation Led by Khosla Ventures and Bedrock Capital

Mach Industries, a defense tech startup, has raised $100 million in a funding round led by Khosla Ventures and Bedrock Capital. The round brings the company's total funding to $185 million and values Mach at $470 million. The company has designed three weapons systems, including a vertical takeoff and landing unmanned aerial vehicle, a high-altitude glider plane, and an in-air satellite with sensors and communication capabilities. Mach has secured significant contracts and infrastructure investments, including a deal with the Army Applications Laboratory to develop a vertical takeoff precision cruise missile.

Defense tech startup Mach Industries has announced the close of its $100 million Series B funding round, led by Khosla Ventures and Bedrock Capital. The round brings the company's total funding to $185 million and values Mach at $470 million [1].

Founded in 2023, Mach Industries specializes in developing advanced unmanned systems and the manufacturing infrastructure to scale their production. The company's flagship products include a vertical takeoff and landing unmanned aerial vehicle called Viper, a high-altitude glider plane named Glide, and an in-air satellite with sensors and communication capabilities, Stratos [2].

The new funding will be used to accelerate the expansion of Forge Huntington, Mach's flagship manufacturing platform; scale Mach Propulsion, its tactical engine division; and drive continued deployment of its core systems. The company aims to industrialize its operations, deploying production capacity faster, closer to demand, and at greater scale [1].

Mach Industries has secured significant contracts and infrastructure investments, including a deal with the Army Applications Laboratory to develop a vertical takeoff precision cruise missile. The company has also announced plans for its first factory—a 115,000-square-foot facility in Huntington Beach, California [2].

The funding round was led by Ben Kany, Principal at Bedrock, and Keith Rabois of Khosla Ventures, who highlighted Mach's unique position in the evolving defense landscape. "Mach has developed a fundamentally new way to deliver tactical unmanned capabilities—faster, cheaper, and with fewer constraints than traditional defense players," said Rabois [1].

References:
[1] https://www.prnewswire.com/news-releases/mach-industries-raises-100-million-in-series-b-funding-to-advance-us-defense-manufacturing-302483147.html
[2] https://techcrunch.com/2025/06/17/two-year-old-defense-tech-mach-industries-confirms-100m-raise-led-by-khosla-bedrock/