# 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. Published 2026-11-09 by TGOs. Canonical: https://tgos.io/news/2026/11/09/onodrim-raises-300-million-to-buy-aerospace-defense-and/ Onodrim Industries announced a $300 million Series A on Nov. 9 to finance acquisitions of established aerospace, defense and industrial manufacturing businesses.[1] Lux Capital led the round, with participants including General Catalyst, Lakestar and Altimeter.[1] Onodrim's acquisition model centers on controlling stakes backed by permanent capital.[1] 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.[1] 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.[1] Co-founder and Chief Technology Officer Alexander Blessing invited approaches from owners of defense, aerospace, manufacturing and industrial businesses.[1] ## Why it matters For business owners, Onodrim's offer pairs a controlling investment with promised operational, business development and technology resources.[1] 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. Onodrim Industries: Onodrim Industries secures $300 million Series A at $1.3 billion valuation (PR Newswire, Nov. 9, 2026)