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213 Dutch DefenseTech startup Destinus adds €50 million bank financing as total capital raised approaches €400 million

EU-Startups
David Cendon Garcia @ EU-Startups · today 05:11 EDT

Dutch DefenseTech startup Destinus adds €50 million bank financing as total capital raised approaches €400 million

Destinus, a Katwijk-based aerospace and defense company, has secured a €50 million financing facility from Commerzbank, marking the company’s first commercial bank facility and supporting the next phase of its industrial expansion across Europe. The Commerzbank facility complements €140 million in recently completed convertible instruments and shareholder loans, following the company’s earlier equity financing. Together, ...

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