Defense Technology Startup
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Raising $1B+; five platforms in development
Three months ago, defense startup Mach Industries was valued at $1.8 billion. On September 10 it announced a $600 million extension to its Series C that more than doubled that valuation to $3.7 billion and pushed total fundraising past $1 billion. Sequoia, Ribbit Capital, Infinite Capital, and Bedrock all doubled down.
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