When was Mach Industries founded?

Mach Industries was founded in 2020 and raised its 1st funding round 3 years after it was founded.

Where is Mach Industries located?

Mach Industries is headquartered in Huntington Beach, United States.

Who is the current CEO of Mach Industries?

Ethan Thornton of Mach Industries. They have also founded 1 company.

How many employees does Mach Industries have?

As of Jun 30, 2026, the latest employee count at Mach Industries is 300.

Is Mach Industries a funded company?

Mach Industries is a funded company, having raised a total of $487M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 16, 2023.

How much is Mach Industries worth?

The latest valuation of Mach Industries is $***** as of Jun 01, 2026.

When was the latest funding round of Mach Industries?

Mach Industries' latest funding was a $***** Series C round on Jun 01, 2026, with participation from 5 investors.

Where does Mach Industries rank among its competitors?

Mach Industries ranks 4th amongst 44 active competitors, of which 12 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was STARK, which secured $572M in Jun, 2026.

Who are the top competitors of Mach Industries?

Mach Industries' top competitors include Anduril, Quantum Systems and Helsing. Among them, STARK secured the most recent funding round in June, 2026.

Mach Industries - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of advanced military aviation platforms. This company designs and develops next-generation aircraft for military applications. Their portfolio includes a vertical takeoff and landing (VTOL) strike aircraft, a long-range high-altitude glider for munitions delivery, and an airborne satellite platform equipped with advanced sensors and communication capabilities. These platforms are designed to enhance military capabilities and deter conflict.

Website: machindustries.co
Social
Email ID: *****@machindustries.com

Key Metrics

Founded Year

2020

Location

Huntington Beach, United States

Stage

Series C

Total Funding

$487M in 4 rounds

Latest Funding Round

Series C, Jun 01, 2026, $*****

Post Money Valuation

$***** as on Jun 01, 2026

Investors

Sequoia Capital & 8 more

Ranked

4^th among 44 active competitors

Employee Count

300 as on Jun 30, 2026

Investment & Acquisitions

Exquadrum

Similar Companies

Helsing & 34 more

View Mach Industries' full profile

Mach Industries has raised a total funding of $487M over 4 rounds. Its first funding round was on Jun 16, 2023. Its latest funding round was a Series C round on Jun 01, 2026 for $*****. 5 investors participated in its latest round. Mach Industries has 9 institutional investors.

Here is the list of recent funding rounds of Mach Industries:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 01, 2026	8647099	Series C	1946553	5326039	6264852	2753284
May 09, 2025	2451986	Series B	7381093	7983159	1624658	Sequoia Capital
Oct 04, 2023	8873986	Series A	2983038	8725483	9754654	Bedrock & 1 more

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View details of Mach Industries's funding rounds and investors

The founders of Mach Industries is Ethan Thornton. Ethan Thornton is the CEO of Mach Industries.

Here are the details of Mach Industries' key team members:

Ethan Thornton: Founder & CEO of Mach Industries.

View details of Mach Industries's Founder profiles and Board Members

Mach Industries' employee count trend

Mach Industries has 300 employees as of Jun 26. Here is Mach Industries's employee count trend over the years:

Employee count trend for Mach Industries

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Top competitors of Mach Industries include Anduril, Quantum Systems and Helsing. Here is the list of Top 10 competitors of Mach Industries, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Anduril 2017, Costa Mesa (United States), Series H	Provider of AI-driven defense and autonomous systems across air, land, sea, and space domains	$11.3B	Founders Fund, Andreessen Horowitz & 74 others	75/100
2nd	Quantum Systems 2015, Gilching (Germany), Series C	AI-powered aerial intelligence and reconnaissance systems	$618M	Balderton Capital, 10x Group & 29 others	74/100
3rd	Helsing 2021, Munich (Germany), Series D	Developer of AI-enabled autonomous systems for defense applications across domains	$1.63B	General Catalyst, Prima Materia & 31 others	67/100
4th	Mach Industries 2020, Huntington Beach (United States), Series C	Developer of advanced military aviation platforms	$487M	Sequoia Capital, Ribbit Capital & 7 others	62/100
5th	Insitu 1994, White Salmon (United States), Acquired	Provider of customized unmanned systems and develops information processing software solutions	$21.3M	Second Avenue Partners, Battery Ventures	56/100
6th	STARK 2024, Berlin (Germany), Series C	Developer of AI-enabled, software-defined unmanned systems for defense and military applications	$634M	Sequoia Capital, Founders Fund & 10 others	52/100
7th	Zeus Numerix 2004, Mumbai (India), Seed	Developer of engineering software and provider of CAE simulation services	$3.17M	Malbros holdings, Skegen & 29 others	51/100
8th	Trypillian 2024, Kyiv (Ukraine), Seed	Manufacturer of military applications for autonomous battlefields	$5M	-	47/100
9th	Niyoto 2021, Bengaluru (India), Unfunded	Developer of AI-powered hardware and software solutions for defense and dual-use applications	-	-	43/100
10th	UNMANND 2025, Bengaluru (India), Seed	Developer of autonomous unmanned aerial vehicles for defense and logistics	$2M	Speciale Invest, Accel	41/100