Tech Company Financing Transactions
Mach Industries Funding Round
On 10/5/2023, Mach Industries announced $79 million in Series A funding from Bedrock Capital and DCVC.
Transaction Overview
Company Name
Announced On
10/5/2023
Transaction Type
Venture Equity
Amount
$79,000,000
Round
Series A
Investors
Bedrock Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts to build defense hardware.
Company Information
Company Status
Private & Independent
Industry
Defense
Mailing Address
Undisclosed
Austin, TX Undisclosed
USA
Austin, TX Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
We create better defense systems for the US and its allies, fueled by hydrogen. With a vertically integrated energy chain, we offer capabilities impossible with conventional methods. We were founded in a Texas garage and built-in an MIT dorm room. We've taken cutting edge aerospace and engineering research and brought it to the war fighter to do our part in securing democracy.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ethan Thornton
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