Mach Industries, the autonomous defence systems company founded by 22-year-old Ethan Thornton, has raised $600 million in a Series C extension at a $3.7 billion valuation, more than doubling its valuation in three months as it shifts from development to production.
Mach Industries Raises $600M at $3.7B Valuation as 22-Year-Old CEO Targets Production
Mach Industries, the autonomous defence systems company founded by 22-year-old Ethan Thornton, has raised $600 million in a Series C extension at a $3.7 billion valuation, more than doubling its valuation in three months as it shifts from development to production.
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