Palantir Veterans Raise $300M to Kiss Europe's Arms Supply Chain.
Two former Palantir employees have positioned themselves to profit from Europe's aggressive military buildup, the Financial Times reports.
The co-founders of Dutch startup Onodere, which recently raised $300 million at a valuation of $1.3 billion, include Aistis Simaitis - one of Palantir's earliest European hires - and Alexander Blessing, who helped build the company's flagship platform Foundry.
The new vehicle plans to use its funding to:
To acquire controlling stakes in smaller, often family-owned manufacturers with strategically important technologies.
To inject capital, software and management expertise to increase production capacity.
Address critical bottlenecks in the supply chain, including UAV propulsion, radar and sensing systems, explosives and aerospace structures.
While the latest funding round was led by Lux Capital, an earlier seed round of $45 million included the Founders Fund, which was established by Palantir co-founder Peter Thiel.
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