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Wednesday, November 11, 2026

Capital · Venture

Onodrim raises $300 million to buy aerospace, defense and industrial manufacturing businesses

The Lux Capital-led financing backs Onodrim's plan to acquire controlling stakes with permanent capital.

a machine shop with machined titanium brackets on an inspection table and rows of machining cells behind, morning light through high windows.
Illustration.

Onodrim Industries announced a $300 million Series A on Nov. 9 to finance acquisitions of established aerospace, defense and industrial manufacturing businesses. Lux Capital led the round, with participants including General Catalyst, Lakestar and Altimeter.1

Onodrim announced a $300 million Series A

aerospace and defence and industrial manufacturing

Stated use of capitalacquire established businessesplanned

Onodrim will use the capital to acquire established businesses across aerospace and defence, and industrial manufacturing.

controlling stakespermanent capital

Onodrim takes controlling stakes with permanent capital

Onodrim expects to announce its first acquisitions in the coming months.

Source: Onodrim Industries release via PR Newswire. As of Nov. 9, 2026.

Sources
TGOs tgos.io

Onodrim's acquisition model centers on controlling stakes backed by permanent capital. The company says it targets dual-use businesses across supply chains, services and products that address bottlenecks for Europe's defense industry.1

The company says the round values it at $1.3 billion; it follows a $45 million seed round announced earlier this year. Onodrim expects to announce its first acquisitions in the coming months.1

Onodrim is also opening offices in Munich and Turin, joining its existing offices in Amsterdam, London and Vilnius. Co-founder and Chief Technology Officer Alexander Blessing invited approaches from owners of defense, aerospace, manufacturing and industrial businesses.1

For business owners, Onodrim's offer pairs a controlling investment with promised operational, business development and technology resources. The company says businesses it backs will gain access to engineering teams that can develop new products and modernize manufacturing and operations.1

Sources (1)
  1. Onodrim Industries: Onodrim Industries secures $300 million Series A at $1.3 billion valuation (PR Newswire, Nov. 9, 2026) www.prnewswire.com