Defense Tech Startup Mach Industries Quadruples Valuation to $1.8B With New Funding
Defense technology startup Mach Industries has secured a $300 million Series C funding round, pushing its valuation to $1.8 billion—a fourfold increase in just one year. Led by 22-year-old founder Ethan Thornton, the rapid growth highlights surging investor interest and capital flowing into modern defense innovation and hardware development.
Source: TechCrunch