Onodrim raises $300M Series A to acquire European defence and industrial businesses
Onodrim Industries has closed a $300M Series A led by Lux Capital at a $1.3B valuation, with plans to acquire established aerospace, defence and industrial manufacturing businesses.
- Raised
- $300M
- Round
- Series A
- Investors
- 8
- Investors
- Lux CapitalGeneral CatalystLakestarAltimeterStrike Capital137 Ventures8090Expeditions
- Target market
- European defence and industrial businesses
- Use of funds
- Acquiring established businesses across aerospace, defence, and industrial manufacturing
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Quick Answers
What is the latest news about Onodrim Industries?
Onodrim Industries has closed a $300M Series A led by Lux Capital at a $1.3B valuation, with plans to acquire established aerospace, defence and industrial manufacturing businesses.
What does Onodrim Industries do?
Onodrim Industries is a technology-driven platform based in Amsterdam, the Netherlands, focused on Europe’s defence and industrial foundations. Its co-founders include CEO Aistis Šimaitis and CTO Alexander Blessing, both formerly at Palantir, and Christian Garrett, a partner at 137 Ventures.
How much did Onodrim Industries raise?
Onodrim Industries raised $300M in its Series A.
Who invested in Onodrim Industries?
Investors named in this Series A include Lux Capital, General Catalyst, Lakestar, Altimeter, Strike Capital, 137 Ventures, 8090 and Expeditions.
How will Onodrim Industries use the funding?
Onodrim Industries plans to use the money for acquiring established businesses across aerospace, defence, and industrial manufacturing.
Where is Onodrim Industries based?
Onodrim Industries is based in Netherland.
Who are the key people at Onodrim Industries?
Key people named in this report: Aistis Šimaitis (Co-Founder and CEO), Alexander Blessing (Co-Founder and CTO) and Christian Garrett (Co-founder).