Onodrim Industries secures $300 million Series A at $1.3 billion valuation to strengthen Europe's defence and industrial foundations
Onodrim Industries has secured a $300 million Series A funding round led by Lux Capital, valuing the European defense and industrial scale-up at $1.3 billion. The company plans to use the capital to acquire established aerospace, defense, and manufacturing businesses, applying permanent capital and operational expertise to strengthen Europe's industrial base. Additionally, Onodrim is expanding its European presence with new offices in Munich and Turin. Open article →