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Defense Startup Created and Led by a Lithuanian Raises 40 Million Euros

Summary by vz.lt
Onodrim Industries, an Amsterdam-based defense technology company led by Lithuanian Aistis Šimaitis, has raised €40 million in investment. The funding will be used to expand product development and manufacturing capabilities in Europe.
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vz.ltvz.lt

Defense Startup Created and Led by a Lithuanian Raises 40 Million Euros

Onodrim Industries, an Amsterdam-based defense technology company led by Lithuanian Aistis Šimaitis, has raised €40 million in investment. The funding will be used to expand product development and manufacturing capabilities in Europe.

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vz.lt broke the news in on Wednesday, February 18, 2026.
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