
Mach Industries on Tuesday said it has closed a $100 million Series B round that will be used to scale production of its strike and other platforms, and small turbine engines. The funding round was led by Khosla Ventures and Bedrock, which led Mach’s $79 million Series A round and participated in the startup’s seed round. At its Forge Huntington manufacturing facility in California, Mach is developing and building its Viper vertical takeoff cruise missile. The company is also developing…