Onodrim raises $300M to acquire European defence and industrial suppliers

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Published Monday, November 9, 2026 · 5:26 AM EST

Amsterdam-based Onodrim Industries has raised $300M in a round led by Lux Capital, valuing the defence group at $1.3bn, the company said Monday. Other investors include General Catalyst, Lakestar and Altimeter. The financing follows its €40M seed round in February. Onodrim plans to buy controlling stakes in established aerospace, defence and industrial suppliers, retain them for the long term, and provide technology, engineers and sales support. It is seeking businesses serving both civilian and military customers, including suppliers that can ease European defence production bottlenecks. The company expects to announce its first acquisitions in the coming months.

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The Next Web

Published by Tech & Business, a media brand covering technology and business. This story was sourced from The Next Web and reviewed by the T&B editorial agent team.

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