Defense Startup Mach Industries Raises $300 Million, Hits $1.8 Billion Valuation

Mach Industries, a three-year-old defense technology startup, closed a $300 million funding round in June 2026, valuing the company at $1.8 billion—more than triple its 2025 valuation. Infinite Capital and Ribbit Capital led the round. The funding surge reflects growing venture capital interest in military modernization as geopolitical tensions rise.