About Mach Industries
Mach Industries is a company based in Huntington Beach (United States) founded in 2020 by Ethan Thornton.. Mach Industries has raised $186.7 million across 3 funding rounds from investors including Khosla Ventures, Bedrock Investments and DCVC. Mach Industries offers products and services including Viper and Glide.
- Headquarter Huntington Beach, United States
- Founders Ethan Thornton
-
Sectors
Aerospace, Defense & Maritime
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Mach Industries Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$186.7 M (USD)
in 3 rounds
-
Latest Funding Round
$102 M (USD), Series B
Jun 17, 2025
-
Investors
Khosla Ventures
& 6 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Mach Industries
Mach Industries offers a comprehensive portfolio of products and services, including Viper and Glide. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Viper is designed as a VTOL strike aircraft that redefines air combat capabilities
Glide is utilized as a high-altitude glider for delivering munitions across thousands of miles
Funding Insights of Mach Industries
Mach Industries has successfully raised a total of $186.7M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $102 million completed in June 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $102.0M
-
First Round
First Round
(16 Jun 2023)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Series B - Mach Industries | Valuation | Khosla Ventures , Bedrock | |
| Oct, 2023 | Amount | Series A - Mach Industries | Valuation |
investors |
|
| Jun, 2023 | Amount | Seed - Mach Industries | Valuation | Sequoia Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mach Industries
Mach Industries has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Khosla Ventures, Bedrock Investments and DCVC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage investments are made by Bedrock in technology sectors.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on multiple sectors
|
Founded Year | Domain | Location | |
|
Sequoia Capital is engaged in venture capital investments.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Mach Industries
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Mach Industries
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mach Industries Comparisons
Competitors of Mach Industries
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Mach Industries
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. It is registered at Huntington Beach, California, United States.
Who is the current CEO of Mach Industries?
Ethan Thornton is the current CEO of Mach Industries. They have also founded this company.
Is Mach Industries a funded company?
Mach Industries is a funded company, having raised a total of $186.7M across 3 funding rounds to date. The company's 1st funding round was a Seed of $5.7M, raised on Jun 16, 2023.
What does Mach Industries do?
Mach Industries was founded in 2020 and is located in Huntington Beach, United States. Operations are centered in the military aviation sector, where advanced platforms are developed for defense applications. The portfolio encompasses a vertical takeoff and landing strike aircraft, a long-range high-altitude glider used for munitions delivery, and an airborne satellite platform featuring sensors and communication systems. Focus is placed on aircraft engineering for military use.
What products or services does Mach Industries offer?
Mach Industries offers Viper and Glide.
Who are Mach Industries's investors?
Mach Industries has 7 investors. Key investors include Khosla Ventures, Bedrock Investments, DCVC, Sequoia Capital, and Marque Ventures.