Mach Industries

Company · Autonomy and drones

$3.7B · drones, manufacturing

Huntington Beach. Founded by Ethan Thornton at 19. $300M Series C at $1.8B in June 2026, then a $600M extension at $3.7B in September.

Money: Raised $1B to date
Valued at $3.7B (round 2026-09)
As of 2026-09-10 · source
$600M Series C extension; prior $300M at $1.8B in Jun 2026.
Backed by: Sequoia Capital
Named lead or co-lead in a round announcement.
People behind the money: Roelof Botha Alfred Lin and Pat Grady Shaun Maguire