Onodrim Industries hits $1.3B valuation with $300M Series A to strengthen European defence

European defence and industrial scale-up platform Onodrim Industries has raised $300 million in a Series A funding round led by Lux Capital, with participation from new and existing investors, including General Catalyst, Lakestar, Altimeter, Strike Capital, 137 Ventures, 8090 and Expeditions.The financing values Onodrim at $1.3 billion and follows a $45 million seed round announced earlier this year.Onodrim focuses on strengthening Europe's defence and industrial capabilities by acquiring controlling…