Stephanie Zhan

Stories

Mach Industries doubles valuation in three months with $600M defense round

As of September 2026: Co-led Sequoia's first defense tech investment in Mach

In June, Mach Industries raised $300 million at a $1.8 billion valuation. On September 10 it announced a $600 million extension that doubled the valuation to $3.7 billion; Sequoia, Ribbit Capital, Infinite Capital, and Bedrock all doubled down.

Updated Sep 11