Business · Companies · 7 hrs ago
Onodrim raises $300 million to buy European defence and industrial firms
Amsterdam-based Onodrim raised $300 million in a Series A funding round to buy established companies in defence, aerospace and industrial manufacturing.
The round was led by Lux Capital and included new and existing investors, and values Onodrim at $1.3 billion.
The company says it will take controlling stakes in businesses that help supply Europe’s defence industry and address gaps in its supply chains.
This follows a $45 million seed round announced earlier this year.
Onodrim plans to provide its acquired companies with long-term funding, technology and operational support so they can expand and take on larger programmes.
The funding will support further acquisitions, and the company expects to announce its first deals in the coming months.
It is also expanding in Europe, with new offices planned in Munich and Turin alongside existing locations in Amsterdam, London and Vilnius.
Onodrim Industries raised $300 million in a Series A funding round, valuing the company at $1.3 billion.
The Amsterdam-based company plans to use the funding to acquire established businesses in aerospace, defence and industrial manufacturing.
The round was led by Lux Capital and included new and existing investors.
Onodrim says it aims to strengthen European defence and industrial capabilities by investing in businesses across critical supply chains.
The company expects to announce its first acquisitions in the coming months.
- Who
- Onodrim Industries, a European defence and industrial scale-up platform.
- What
- It raised $300 million in a Series A funding round at a $1.3 billion valuation.
- When
- November 9, 2026. The company said the round follows a seed round announced earlier in 2026.
- Where
- Onodrim is based in Amsterdam and is expanding its European presence.
- Why
- The funding will support acquisitions and help strengthen Europe's defence and industrial capabilities.
This story does not have two clearly opposing sides.
Onodrim announced a $45 million seed round.
Onodrim announced a $300 million Series A funding round at a $1.3 billion valuation.
Onodrim expects to announce its first acquisitions.
- Series A funding
- $300 million
- Company valuation
- $1.3 billion
- Lead investor
- Lux Capital
- Seed round
- $45 million, announced earlier in 2026
- New offices
- Munich and Turin
- Existing locations
- Amsterdam, London and Vilnius
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What people are saying
We are bringing permanent capital, technology and world-class operators to Europe's best companies, giving them the resources to expand, compete and strengthen the continent's defence industrial base.
Our approach at Onodrim is rooted in long-term partnership and collaboration.