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TNW | Investors-funding

Onodrim raises $300M to buy European defence and industrial firms

Lux Capital led the Series A, which values the Amsterdam-based company at $1.3bn, nine months after its seed round.

By TNW | Investors-funding

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·Excerpt
Onodrim raises $300M to buy European defence and industrial firms
Image: From left to right: Alexander Blessing, Aistis Simaitis, Christian Garrett.

From left to right: Alexander Blessing, Aistis Simaitis, Christian Garrett.

Credit: Onodrim Industries

Onodrim Industries, a defence group based in Amsterdam, has raised $300M in a round led by Lux Capital. The deal values the firm at $1.3bn, Onodrim said in a statement on Monday.

Other backers include General Catalyst, Lakestar, Altimeter, Strike Capital, 137 Ventures, 8090 and Expeditions.

The capital…

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