Destinus seeks about EUR 200M before a planned Amsterdam listing, targeting a value above EUR 5B

Destinus

Destinus began raising roughly EUR 200M ahead of a planned listing in Amsterdam, aiming for a valuation above EUR 5B, about ten times the roughly EUR 500M in annual revenue it forecasts. It has raised close to EUR 400M so far, including convertible notes, shareholder loans and a Commerzbank credit line.

• Target valuation: above EUR 5B, based on forecast revenue of about EUR 500M a year.
• About 750 staff across the Netherlands, Germany, Spain and Ukraine.
• Bought Swiss AI flight-software firm Daedalean in 2025.