Onodrim Series A

European defence and industrial platform Onodrim Industries has secured $300 million in a Series A funding round led by Lux Capital, propelling the company to a $1.3 billion valuation. The follow-on round—which follows a $45 million seed round closed earlier this year—also included participation from General Catalyst, Lakestar, Altimeter, Strike Capital, 137 Ventures, 8090, and Expeditions. Onodrim plans to deploy the capital to acquire controlling stakes in established aerospace, defence, and industrial manufacturing businesses, while expanding its footprint with new offices in Munich and Turin alongside existing hubs in Amsterdam, London, and Vilnius.