Mach Industries Raises $100 Million in Series B Funding to Advance U.S. Defense Manufacturing

New capital will be used to scale unmanned defense systems, expand resilient manufacturing and deepen strategic defense partnerships 

HUNTINGTON BEACH, Calif., June 17, 2025 /PRNewswire/ -- Mach Industries, a new industrial base for the unmanned era of American defense, today announced the close of its $100 million Series B. The round was led by Khosla Ventures and Bedrock, with participation from Sequoia Capital and existing investors. Bedrock previously backed the Company at the Seed stage and led its Series A.

Mach Industries is building a vertically integrated, full-stack industrial base for the era of unmanned warfare. Through its decentralized manufacturing platform, Forge, and a growing portfolio of autonomous defense systems, the company delivers modern military speed, scale, and survivability to the U.S. and its allies.

The new capital will 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: Viper, Glide, and Stratos. Mach works with customers across the U.S. Department of Defense–including the Army, Air Force, and SOCOM–as well as allied governments. Second-generation systems are also in development.

"Mach Industries exists to enhance national readiness and preserve America's strategic edge," said Ethan Thornton, Founder and CEO. "Global security depends on America's ability to create asymmetric unmanned capability. That means scaling production, building new facilities and fielding systems that deter conflict."

With this funding, Mach will further industrialize its operations, deploying production capacity faster, closer to demand, and at greater scale. Its distributed model is designed for operational resilience and rapid iteration, ensuring the U.S. and its allies can field next-generation systems when and where they're needed most.

"Mach's vertically integrated and distributed model is exactly what the future of defense requires," said Ben Kany, Principal at Bedrock. "In an era where speed and resilience define strength, Mach is delivering the systems that safeguard peace."

As one of the round's lead investors, Khosla Ventures 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 Keith Rabois of Khosla Ventures. "Their model is purpose-built for the realities of modern conflict."

This funding announcement follows recent Mach milestones including multiple industry partnerships and contracts, the launch of the company's flagship factory, Forge Huntington; and the launch of Mach Propulsion.

About Mach Industries:
Founded in 2023, Mach Industries is a defense manufacturing company headquartered in Huntington Beach, California. The company develops advanced unmanned systems and the manufacturing infrastructure to scale their production. By vertically integrating weapons, propulsion, and manufacturing, Mach delivers the speed, adaptability, and resilience required to preserve the allied edge in an increasingly contested world.

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SOURCE Mach Industries