Defense startup Mach Industries in Huntington Beach said it has closed a$100 million Series B funding round.
Mach Industries said in a statement it will use the money to build up its flagship factory Forge Huntington; expand its tactical engine division; and further the deployment of its unmanned military drones.
The latest financing round was led by Khosla Ventures and Bedrock, with participation from Sequoia Capital and existing investors. Bedrock previously backed the company at the seed stage and led its Series A.
For further details, see the June 30 print edition.
