Onodrim Industries Raises $300M Series A at $1.3B Valuation

Buying into Europe's supply chains

Onodrim acquires controlling stakes in businesses across critical supply chains, services and products, with a focus on bottlenecks in the European defence industry. It funds them with permanent capital and adds technology, operational expertise and business development support, so the companies can widen their capabilities, take on larger programmes and serve customers across the continent.

The team brings experience from private equity, aerospace and defence, technology and government. With acquired businesses, it plans to modernise manufacturing processes, improve operations and develop new products using shared engineering teams and resources.

Co-founder and CEO Aistis Šimaitis said Europe has many strong companies whose growth has often been limited by access to the resources needed to scale at the pace current conditions demand. Co-founder and CTO Alex Blessing described the approach as long-term partnership, built on investing in good businesses and empowering the people behind them.

What comes next

The new capital will fund acquisitions of established companies in aerospace, defence and industrial manufacturing. Onodrim expects to announce its first deals in the coming months.

The company is also growing its footprint, opening offices in Munich and Turin to add to its existing locations in Amsterdam, London and Vilnius.

For Europe's defence sector, the round signals strong investor appetite for consolidating and scaling the smaller suppliers that larger programmes depend on.