machindustries.comIndustrial / Aerospace & DefenseFounded: 2022Funding to Date: $255.9MM
Mach Industries is focused on implementing a hardware solution using field-sourced hydrogen creation and combustion techniques to develop a weapon system that uses the chemical reaction of oxygen and hydrogen to create a powerful explosion that could fuel unmanned aerial vehicles and aerial protection devices.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
10/04/2023 | Series A-2 | $10.33MM | $xx.xx | $335.02MM | Bedrock Capital, Dcvc, Marque Vc | |
Price per Share
$xx.xx
Shares Outstanding
17,498,500
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bedrock Capital, Dcvc, Marque Vc
|
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10/04/2023 | Series A-1 | $69.01MM | $xx.xx | $335.02MM | Bedrock Capital, Dcvc, Marque Vc | |
Price per Share
$xx.xx
Shares Outstanding
49,928,410
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bedrock Capital, Dcvc, Marque Vc
|
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06/19/2023 | Series A-6 | $100,000.00 | $xx.xx | $28.25MM | Champion Hill Ventures, Marque Vc, Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
5,462,690
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Champion Hill Ventures, Marque Vc, Sequoia Capital
|
||||||
06/19/2023 | Series A-5 | $75,000.07 | $xx.xx | $28.25MM | Champion Hill Ventures, Marque Vc, Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
2,822,310
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Champion Hill Ventures, Marque Vc, Sequoia Capital
|
||||||
06/19/2023 | Series A-4 | $24,999.93 | $xx.xx | $28.25MM | Champion Hill Ventures, Marque Vc, Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
564,460
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Champion Hill Ventures, Marque Vc, Sequoia Capital
|
||||||
06/19/2023 | Series A-3 | $5.76MM | $xx.xx | $28.25MM | Champion Hill Ventures, Marque Vc, Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
38,992,240
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Champion Hill Ventures, Marque Vc, Sequoia Capital
|