computer-science
Defense tech darling Mach Industries hits $1.8B valuation, a 4x jump in a year
Key takeaways
- Mach Industries, the three-year-old defense tech startup run by 22-year-old founder and CEO Ethan Thornton, has raised a $300 million Series C at a $1.8 billion valuation, the company announced on Monday.
- The raise nearly quadruples the valuation of the company in a year.
- The round was led by deep-tech fund Infinite Capital and Ribbit Capital, known for fintech and lately in hot deals everywhere — from AI coding startups like Cognition to neoclouds like Crusoe.
Mach Industries, the three-year-old defense tech startup run by 22-year-old founder and CEO Ethan Thornton, has raised a $300 million Series C at a $1.8 billion valuation, the company announced on Monday.
The raise nearly quadruples the valuation of the company in a year. In June 2025, Mach raised $100 million at a $470 million valuation. Other investors include Bedrock Capital, Sequoia Capital, and Khosla Ventures.
The round was led by deep-tech fund Infinite Capital and Ribbit Capital, known for fintech and lately in hot deals everywhere — from AI coding startups like Cognition to neoclouds like Crusoe.
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